Showing 1-10 of 180 results
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Rival banks reap windfall from transferred cash
Business, Somruedi Banchongduang, Published on 19/02/2014
» Three large banks — Bangkok Bank (BBL), Siam Commercial Bank (SCB) and Kasikornbank (KBank) — are reaping a windfall from the current run on deposits at the state-owned Government Savings Bank (GSB), with a large portion of the 30 billion baht withdrawn from the GSB landing in their deposits accounts.
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Mixed emotions from staff
Business, Pathom Sangwongwanich, Published on 19/02/2014
» ‘I feel bad for Khun Woravit, but I feel sympathy for the bank as well,” said a Government Savings Bank (GSB) employee who dressed in black to protest a troubled loan to the Bank for Agriculture and Agricultural Cooperatives (BAAC).
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B44bn for Central's expansion
Business, Pitsinee Jitpleecheep, Published on 19/02/2014
» Despite many negative factors, the Central Group of Companies, the country’s largest retail chain, will increase its annual investment budget by 30% to 44 billion baht to expand its business both domestically and internationally this year.
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SET keen to expand across region
Business, Nuntawun Polkuamdee, Published on 19/02/2014
» The Stock Exchange of Thailand (SET) is studying the establishment of a Greater Mekong Subregion (GMS) board to attract investors interested in putting money into companies, says executive vice-president Pakorn Peetathawatchai.
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Thai Insurance policy rewards safe drivers
Business, Darana Chudasri, Published on 19/02/2014
» Thai Insurance (TIC) has launched a new car insurance product offering half off the first three years' net premium for customers with good driving records.
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Kiatnakin clamps down
Business, Somruedi Banchongduang, Published on 19/02/2014
» Kiatnakin Bank promptly tightened its criteria for both loan approval and collection to control asset quality after non-performing loans (NPLs) rose by 04. to 0.5 percentage points in one month, says president Aphinant Klewpatinond.
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Rich keen on London flats
Business, Kanana Katharangsiporn, Published on 19/02/2014
» After selling two units worth a combined 3 million pounds (162 million baht) last year to Thai buyers, Britain's Land Securities Group will launch a 118-billion-baht residential project in London's Victoria area to high net worth Thais.
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Pruksa awaits end to turmoil
Business, Kanana Katharangsiporn, Published on 19/02/2014
» As the political situation becomes more uncertain, SET-listed developer Pruksa Real Estate Plc (PS) will delay land purchases, advertising and condo launches until the second quarter while offering a win-back programme to customers unable to receive unit transfers.
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Hospitality school to be launched
Business, Chadamas Chinmaneevong, Published on 19/02/2014
» Regent Group, owner of the Regent Cha-am Beach Resort, expects its Regent Cha-am Hospitality School (RHS) will help to relieve the shortage of Thai hospitality workers, both here and across the region.
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Executives hit back after names leaked
Business, Nanchanok Wongsamuth, Published on 19/02/2014
» With the Centre for Maintaining Peace and Order (CMPO) trying to cut the financial lifeline of anti-government protesters, business executives yesterday defended the act of providing funds for politicians as a personal right and said the public should not make an immediate link between an individual's sponsorship and his organisation.
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