The Thai Bond Market Association believes that the issuance of corporate bonds will continue to expand as more and more corporates are seeking to raise funds in this way. The total value of such bond issues could reach an all-time high this year.
Krungthai Bank and CIMB Thai Bank are the last two lenders to announce their third-quarter performances, both reporting higher net profits year on year, but their non-performing loans (NPLs) increased significantly as well.
The Stock Exchange of Thailand says it will showcase the attractiveness and strength of the Thai capital market and the economy among foreign institutional investors in roadshows in the United States, Malaysia and Singapore in October and November,...
Japan is eyeing Thailand for use as a trade hub and is happy the Kingdom is changing its regulations to facilitate the setting up of an international trading headquarters in the country, according to a Thai deputy prime minister.
Global equities markets saw a major meltdown in the last few weeks as investors dumped equities in favour of bonds.
Government Housing Bank targets double-digit annual growth through 2019 to reach outstanding loans of Bt1 trillion by that year, president Angkana Chaimanat said. She added that up to 51 per cent of new mortgages throughout that period would be for...
Sluggish progress put down to declining household wealth
Global insurance consultancy Towers Watson says foreign insurers looking to merge with or acquire a Thai insurer will choose one with a strong distribution channel.
Siam Commercial Bank has reported third-quarter net profit of Bt13.25 billion, up 4.2 per cent from the same quarter last year but down 10 per cent from the previous quarter.
KASIKORNBANK projects franchise business will grow by 10 per cent to Bt260 billion this year, driven mainly by the food, education and service industries.