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  • BUSINESS

    SEC punishes top BA shareholders

    Business, Published on 19/01/2019

    » The Securities and Exchange Commission (SEC) has imposed fines totalling 500 million baht against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation.

  • BUSINESS

    Opec output-cut deal provides lift for equities

    Business, Published on 03/10/2016

    » Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

  • BUSINESS

    Top 10 shareholders lose B141bn value

    Business, Published on 09/12/2020

    » The pandemic crisis has bled the wealth of Thailand's top 10 richest shareholders by 141 billion baht, with Gulf Energy Development's chief executive Sarath Ratanavadi retaining the top spot for the second consecutive year.

  • BUSINESS

    SEC bides time on Bangkok Airways

    Business, Published on 08/02/2019

    » Billionaire Prasert Prasarttong-Osoth has asked the Securities and Exchange Commission (SEC) to extend the deadline for his civil fine payment for manipulation of Bangkok Airways (BA) shares by seven days.

  • BUSINESS

    Chearavanont family keeps crown as rich Thais get richer

    Business, Published on 01/06/2017

    » The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.

  • BUSINESS

    Investors hedge bets as us presidential race tightens

    Business, Published on 07/11/2016

    » Recap: Global stocks were sold off last week as investors shunned riskier assets ahead of this week's US presidential election, as opinion polls showed the race between Hillary Clinton and Donald Trump narrowing.

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