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BUSINESS

BAY: No intention to trim Ngern Tid Lor holding

Business, Darana Chudasri, Published on 01/11/2018

» Bank of Ayudhya (BAY), the country's fifth-largest commercial bank by assets, says it has no plans to downsize its 50% shareholding portion in Ngern Tid Lor Co Ltd, while the 50% deal in equity sales is expected to be completed in next year's first quarter.

BUSINESS

Public investment to drive 2019 growth

Business, Darana Chudasri, Published on 01/11/2018

» Thailand's economic growth is anticipated to expand by 4.2% next year, driven by domestic economic engines such as public investment and consumer spending, says Bank of Ayudhya (BAY).