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BUSINESS

Bangkok Bank takes over StanChart’s Permata for $2.7bn

Published on 12/12/2019

» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.

BUSINESS

Thai bonds extend rally

Bloomberg News, Published on 12/12/2014

» Thai bonds rose for a sixth week on speculation the slowest inflation in five years will give the central bank room to cut interest rates and spur economic growth.