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Somkid looks to foreign investments
June 29, 2016 1:00 am

Somkid looks to foreign investments

DEPUTY PRIME Minister Somkid Jatusripitak has instructed officials to devise attractive investment packages in an attempt to get foreign investors to set up operations in new industrial estates, including those planned for U-tapao and the Eastern...

Krungsri uses fortune-teller to boost online Car for Cash
June 29, 2016 1:00 am

Krungsri uses fortune-teller to boost online Car for Cash

KRUNGSRI AUTO, the automotive finance arm of Bank of Ayudhya, has launched an interactive electronic application form for its Car for Cash title-based loan service via www.car4cash.com, in an effort to drive loan growth from the digital channel by...

Limited Brexit's direct impact to Asia Pacific: S&P
June 28, 2016 6:46 pm

Limited Brexit's direct impact to Asia Pacific: S&P

The direct real impact on Asia-Pacific economies from the UK's decision to leave the EU (Brexit) is likely to be limited since the relevant linkages are weak, said S&P Global Ratings in a report published today titled "Brexit Impact...

SET outperforms post-Brexit but unlikely to cross 1,500: analyst
June 28, 2016 1:00 am

SET outperforms post-Brexit but unlikely to cross 1,500: analyst

THE STOCK Exchange of Thailand is likely to move sideways-up as it outperforms other emerging markets, but the impacts from last week’s “Brexit” vote will mean it has a hard time breaking the 1,500-points level by the end of this year.

Brexit seen as presenting new opportunities
June 28, 2016 1:00 am

Brexit seen as presenting new opportunities

GROUP Lease expects more mergers and acquisitions in regional and other markets, as potential takeover targets grow “cheaper” because of sharp volatility in the financial markets triggered by British voters’ decision to leave the European...

Troubled SMEs encouraged to enter rehab
June 28, 2016 1:00 am

Troubled SMEs encouraged to enter rehab

SMEs that are unable to carry on their businesses should not be shy about entering a rehabilitation process, according to the Office of Small and Medium Enterprise Promotion.

Navakij Insurance cuts income target amid tough competition
June 28, 2016 1:00 am

Navakij Insurance cuts income target amid tough competition

NAVAKIJ Insurance (NKI) plans to cut its target for premium income this year from the Bt3.5 billion hoped for earlier as a result of the fierce competition in the motor-insurance segment and the short-term effects of changes to its internal...

Lignite miner Sahakol plans IPO to expand
June 27, 2016 1:00 am

Lignite miner Sahakol plans IPO to expand

AFTER ENJOYING a stable income flow from 10-year contracts sealed with the Electricity Generating Authority of Thailand (Egat), Sahakol Equipment is gearing up to raise funds from the stock market because it is doubling the size of its business,...

KTB aims to keep 3rd place for profits
June 27, 2016 1:00 am

KTB aims to keep 3rd place for profits

KRUNGTHAI BANK hopes to maintain its achievement of having the third-highest operating profit before reserves in the Thai banking industry this year despite acknowledging that lending growth might be flat and that more loans to small and medium-sized...

KBank gives internships to Laotian
June 27, 2016 1:00 am

KBank gives internships to Laotian

KASIKORNBANK has initiated an internship programme for Laotian students, which it hopes will motivate them to pursue banking careers