Showing 1-10 of 19 results
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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.
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Thaioil successful issuance of USD 1,000 million debentures
Published on 16/06/2020
» Mr. Wirat Uanarumit, Chief Executive Officer and President, Thai Oil Public Company Limited, disclosed that, “The Company recently successfully issued USD senior unsecured and unsubordinated debentures worth USD 1,000 million.
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Economists upbeat on 2023
Business, Sirivish Toomgum, Published on 08/12/2022
» Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.
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SCBT angles for double-digit revenue growth after strong Q1
Business, Published on 17/05/2018
» Standard Chartered Bank Thai (SCBT) expects double-digit growth in revenue this year after its top line grew 10% higher than expected for the first three months, says its head.
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Asian shares drift lower in thin Pre-Holiday trade
Business, Published on 26/12/2016
» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.
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Set rides wave of ECB euphoria to 5.3% Gain
Business, Published on 26/01/2015
» Recap: An aggressive stimulus move by the European Central Bank (ECB) stoked a global stock rally last week. The Thai market also tracked the euphoria.
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Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
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Dealing with capital inflows into Thailand when the baht appreciates
Jon Fernquest, Published on 14/09/2010
» The US dollar is losing value (weakening, depreciating) while Asian currencies have been gaining value (strengthening, appreciating). This makes Asian exports more expensive which could have a negative effect on the Thai economy.
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Headwinds ahead
Asia focus, Erich Parpart, Published on 29/04/2019
» Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.
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Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
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