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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.

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BUSINESS

Hong Kong court prevents WEH divestment

Business, Post Reporters, Published on 01/06/2018

» Documents show the High Court of Hong Kong issued an injunction prohibiting a company owned by Kasem Narongdej from divesting itself from Wind Energy Holding's (WEH) shares, bolstering suspicions of inappropriate behaviour in the company and confirming the involvement of the Narongdej patriarch in the scandal.

BUSINESS

Nop downplays family squabble

Business, Post Reporters, Published on 05/05/2018

» Nop Narongdej has dismissed his family's claims of using the family name to advance his business interests as an ordinary family feud, saying he will retain his current position as chairman of KPN's executive committee.

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THAILAND

King Rama X to lead ceremony

News, Post Reporters, Published on 13/10/2017

» His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun will preside over the merit-making ceremonies marking one year since the passing of the late King Bhumibol Adulyadej at the Grand Palace Friday and Saturday, according to the Bureau of the Royal Household.

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BUSINESS

Empires make way for new generation 

Business, Post Reporters, Published on 02/01/2015

» It's an old Chinese saying: the first generation builds the business, the second makes it a success, but the third wrecks it. In many cases, this old saying has proved to be true.

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BUSINESS

Buying spree

Business, Post Reporters, Published on 01/01/2015

» Amid a stagnant economy, the past 12 months saw Thai companies go on a buying spree of local and Western business rivals, aiming to be at the forefront when the global economy picks up and the Asean Economic Community arrives at the end of 2015.