Showing 1-10 of 18 results
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Finance Ministry to hold 99% of IBank
Business, Chatrudee Theparat, Published on 31/05/2018
» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.
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The man on mission to drive the EEC
Business, Chatrudee Theparat, Published on 06/03/2017
» The Eastern Economic Corridor (EEC) has dominated current headlines, with the government pinning high hopes on the development. Generous tax breaks have been awarded to companies investing in skilled industries there.
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Nok Air's new shares fully subscribed
Business, Boonsong Kositchotethana, Published on 01/11/2017
» Cash-strapped Nok Air's latest bid to get shareholders to inject 1.7 billion baht in fresh funds and advance a turnaround plan has been declared a success.
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Corruption and cover-ups
News, Alan Dawson, Published on 29/01/2017
» As they say in Narathiwat, it never rains but it pours. Wow! Sure, we asked about corruption, but we weren't expecting to be flooded out.
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China worries keep lid on global equity gains
Business, Published on 25/08/2014
» Recap: Asian stock markets marched up early last week amid eased concerns over a Russia-Ukraine confrontation and upbeat US economic readings, but a sell-off kicked in on renewed concerns over China's economy after tepid manufacturing figures were released. The Thai stock market stayed firmly above the resistance of 1,550 points on hopes that the economy will recover now that NCPO leader Gen Prayuth Chan-ocha has been chosen as the new prime minister.
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SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
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China and Fed set tone as global shares head south
Business, Published on 16/11/2015
» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.
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Outgoing THAI chief on corruption
Jon Fernquest, Published on 31/05/2012
» Piyasvasti says plane purchase was so bad that planes could not fly because fuel cost greater than money made on flights.
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Set returns from break to ride global surge
Business, Published on 18/08/2014
» Recap: Soft economic data from major countries raised expectations of new central bank stimulus efforts and propelled global stock markets last week. Easing tensions in Ukraine after Russia finished military drills also bolstered sentiment. After a long holiday, Thai shares started strongly on Wednesday, buoyed by heavy foreign and institutional buying before fading late in the week.
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Gains in oil and fall in Dollar lift Asian shares
Business, Published on 20/04/2015
» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.
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