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  • BUSINESS

    TGH's chief takes firm to new terrain

    Business, Somruedi Banchongduang, Published on 06/03/2021

    » With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

  • BUSINESS

    An impressive showing for M&A

    Business, Post Reporters, Published on 28/12/2019

    » Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

  • BUSINESS

    Thanachart-TMB signing next week

    Business, Wichit Chantanusornsiri, Published on 09/08/2019

    » TMB Bank and Thanachart Bank (TBank) are set to sign a merger agreement by next week as all key details have already been settled, says a source familiar with the deal.

  • BUSINESS

    BoT tightens belt on consumer loans

    Business, Published on 30/06/2017

    » The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

  • BUSINESS

    Setback for trump hurts us equities but set rises

    Business, Published on 27/03/2017

    » Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.

  • BUSINESS

    Good week for stocks as concerns EASE about fed

    Business, Published on 23/11/2015

    » Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

  • BUSINESS

    Global events set tone for choppy trading week

    Business, Published on 11/08/2014

    » Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.

  • BUSINESS

    Bank of Ayudhya president resigns

    Published on 27/11/2012

    » Bank of Ayudhya (BAY) president and chief executive officer Mark John Arnold has resigned from both positions, effective from Jan 1, 2013.

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