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Plan in works to cool some SET stocks
November 21, 2014 1:00 am

Plan in works to cool some SET stocks

The Securities and Exchange Commission expects to finalise its plan to tame the overheated stock market in one week after consultation with collaborators, which could end up stifling some trading as speculative transactions dry up.

L&H eyes Bt10-billion hospitality REIT in 2015
November 21, 2014 1:00 am

L&H eyes Bt10-billion hospitality REIT in 2015

Land and Houses might launch a hospitality real-estate investment trust next year worth Bt10 billion after offering its first retail REIT, the Bt6.22-billion LH Shopping Centres Leasehold Real Estate Investment Trust or LHSC at the end of this year.

SET-listed firms report higher 9-month nets
November 21, 2014 1:00 am

SET-listed firms report higher 9-month nets

Companies listed on the Stock Exchange of Thailand reported overall net profit of Bt614.41 billion in the first nine months of this year, up slightly from a year earlier, while sales rose 6.1 per cent to Bt8.58 trillion.

SCB to broaden overseas footprint through Mizuho partnership
November 20, 2014 1:00 am

SCB to broaden overseas footprint through Mizuho partnership

Thailand's third-largest bank by assets, Siam Commercial Bank, has formed a strategic partnership with Mizuho Bank, one of Japan's mega-banks, to strengthen SCB's overseas business.

Insurer posts growth in first 3 quarters
November 20, 2014 1:00 am

Insurer posts growth in first 3 quarters

Allianz Ayudhya Assurance has reported robust performance for the first nine months of this year, in both first-year premiums (FYP) and gross written premiums (GWP), thanks to the steady growth in demand for life and health coverage, according to...

Thai industrial sentiment rises in October
November 20, 2014 1:00 am

Thai industrial sentiment rises in October

The latest survey of 1,144 Thai firms shows that the Thai Industries Sentiment Index (TISI) for October 2014 improved to 87.5 from 86.1 in September due to higher overall purchase orders, sales, production output and companies' operations...

AIS earmarks up to Bt20 bn for spectrum licence bid next year
November 19, 2014 1:00 am

AIS earmarks up to Bt20 bn for spectrum licence bid next year

Advanced Info Service (AIS), the country's largest mobile-phone operator, is prepared to bid between Bt15 billion and Bt20 billion for a telecom-spectrum licence at the next auction by the National Broadcasting and Telecommunications...

K-SME plans to invest Bt50m in SMEs next year
November 19, 2014 1:00 am

K-SME plans to invest Bt50m in SMEs next year

K-SME Venture Capital expects to invest about Bt50 million in three small and medium-sized enterprises in 2015 after investing this year in two high-potential SMEs, Tee Entertainment and Zinco, with combined value of Bt49 million.

Lower SME demand cuts Q3 loan growth
November 19, 2014 1:00 am

Lower SME demand cuts Q3 loan growth

The banking industry in the third quarter posted an eighth consecutive quarterly drop in loan growth due to lower demand from small and medium-sized enterprises while large corporates turned to different funding sources, according to the Bank of...

CIMBT targets younger card users
November 18, 2014 1:00 am

CIMBT targets younger card users

CIMB Thai Bank plans to expand its credit-card business to younger customers if it can achieve four objectives.