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Two firms woo LH Bank to be major shareholder
April 25, 2015 1:00 am

Two firms woo LH Bank to be major shareholder

LAND and Houses Bank has been approached by two companies that have received nano-finance licences, asking the bank to be a major shareholder, as they want keep down the cost of funding to support their lending.

SEC forum presents Kasetsart University's research on 'noise...
April 25, 2015 1:00 am

SEC forum presents Kasetsart University's research on 'noise...

THE Securities and Exchange Commission presented research papers from Kasetsart University at the third "SEC Working Papers Forum" on "noise traders" at the Stock Exchange of Thailand.

New regulations governing state banks in place by January, BOT says
April 25, 2015 1:00 am

New regulations governing state banks in place by January, BOT says

NEW regulations to cover the governance, profitability and accountability of eight specialised financial institutions (SFIs), better known as state banks, will be fully effective by the beginning of next year, the Bank of Thailand says.

Kiatnakin Bank expects NPL rate to hit 7% in second quarter
April 24, 2015 1:00 am

Kiatnakin Bank expects NPL rate to hit 7% in second quarter

Kiatnakin Bank's non-performing-loan ratio is likely to keep climbing to 7 per cent this quarter from 6.5 per cent last quarter because of the continuing economic deceleration and pressure from high household debt on small and medium-sized...

Singha Estate adopts 'synergy partnership' model
April 24, 2015 1:00 am

Singha Estate adopts 'synergy partnership' model

Singha Estate has set aside an investment budget of Bt20 billion for this year under a "synergy partnership" model.

NMG seeks probe on share-holding ruling
April 24, 2015 1:00 am

NMG seeks probe on share-holding ruling

Nation Multimedia Group yesterday submitted a petition to National Reform Council (NRC) and National Legislative Assembly (NLA) to urge them to probe a March 30 ruling of the national broadcasting regulator, on whether it was unlawful and...

Evolution spins off restaurants
April 24, 2015 1:00 am

Evolution spins off restaurants

Evolution Capital has spun off its fast-service restaurant business to Evolution Foods (Thailand), a new joint venture with Wuttisak Limphanit, the founder of the eponymous beauty and skincare clinic.

Fierce rivalry takes toll on MCOT results
April 23, 2015 1:00 am

Fierce rivalry takes toll on MCOT results

MCOT's financial results for the first quarter will be below the company's expectations as a result of intense competition in the TV broadcasting industry, according to the head of the state media enterprise.

ICBC (Thai) upbeat over status as yuan clearing bank
April 23, 2015 1:00 am

ICBC (Thai) upbeat over status as yuan clearing bank

THE Industrial and Commercial Bank of China (Thai) - ICBC (Thai) - hopes that being the yuan clearing bank in Thailand will support its vision to be the financial bridge between Thai and Chinese customers, and also strengthen its wholesale business.

KResearch sees slim gains for banks
April 23, 2015 1:00 am

KResearch sees slim gains for banks

BANKS in the remaining quarters of this year will probably not show impressive profits as they might have to maintain a high level of provisioning and cost controls after signs in the first quarter showed the economic recovery was slower than...