Showing 2,401 - 2,410 of 2,474
Officials reject KTB-TMB merger talk
Business, Somruedi Banchongduang, Published on 26/04/2018
» After a week of mounting speculation over a potential consolidation between Krungthai Bank (KTB) and TMB Bank, KTB's president and TMB's chairman both dispelled the rumours Wednesday, saying there is no merger discussion plan.
BoT governor backs up merger measures
Business, Somruedi Banchongduang, Published on 24/04/2018
» Bank of Thailand governor Veerathai Santiprabhob has thrown his support behind the government's tax incentives to encourage consolidation in the local banking sector, saying mergers and acquisitions will reinforce banks' competitive edge and level the playing field against regional peers.
Brands say Alibaba punished them for refusing exclusivity
Associated Press, Published on 23/04/2018
» SHANGHAI: It was looking like a banner year for business in China. The US clothing company was expecting a 20% jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach.
Jack Ma plays coy about self-driving plans
Business, Jesus Alcocer, Published on 21/04/2018
» Alibaba supremo Jack Ma has disclosed that the company is starting work on autonomous technology, but he did not mention when or how the company plans to roll it out in Southeast Asia.
General Electric reports $1.2bn loss in Q1
AFP, Published on 20/04/2018
» NEW YORK: General Electric reported a US$1.2 billion loss in the first quarter Friday following a large legal charge, but shares surged after operating profits topped analyst expectations.
Bangkok Bank, Kasikorn post faster profit growth, face fee income strains
Reuters, Published on 20/04/2018
» Two of Thailand's top banks posted a faster pace of quarterly profit growth as an expanding economy boosted demand for loans and financial services, but intensifying competition from non-bank players is set to put pressure on their results this year.
Analysts undecided on KTB-TMB merger
Business, Nuntawun Polkuamdee & Somruedi Banchongduang, Published on 20/04/2018
» A merger between Krungthai Bank (KTB) and TMB Bank is possible because the Finance Ministry is a major shareholder in both financial institutions, analysts say, although the benefits of such a deal remain unclear.
Siam Commercial Bank profits drop as costs rise
Reuters, Published on 19/04/2018
» Second-ranked Siam Commercial Bank on Thursday reported a 4.6% decline in first-quarter net profit due to rise in costs and investments in digital banking.
Philippine stocks pummelled further by rate-hike fears
Bloomberg, Published on 19/04/2018
» The problems keep piling up for Philippine stocks, the world’s worst performers this year.
Central bank: Split vote on rates no signal for tightening
Reuters, Published on 11/04/2018
» A split vote to hold its benchmark interest rate last month was not a signal for monetary policy tightening, an assistant central bank governor said on Wednesday.