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Loan syndication up for investment abroad
November 20, 2009
... syndication to Thoresen Thai Agencies (TTA). While KBank is lending half, KTB has offered $50 million, and the rest is made up by the Export-Import Bank of Thailand and Mizuho Corporate Bank.Thiti Tantikulanan, head of capital markets at KBank, said the bank now commanded 30-40 per cent of the $2-billion syndicated-loan market...
business

Schools learn about going green
November 19, 2009
Wat Nong Khan (Jai Phitthayakhan) School began separating its litter 10 years ago after teachers noticed a lot of garbage scattered on the side of roads leading to the school. It later initiated other activities.Prot Supapong, director of the school, said: Our environ mental projects cover three areas - garbage...
national

KBank, SCB expect robust lending growth
November 18, 2009
KBank expects loan growth of 7-9 per cent, while SCB expects its to be double that of the country s economic growth rate.KBank president Prasarn Trairatvorakul said loans might expand 3 per cent this year, down from a previous target of 4-5 per cent. In the first nine months of the year, the bank saw slightly negative...
business

CIMB hopes for SET listing mid-2010
November 17, 2009
CIMB will be the first company under the new dual-listing rules that start this December 1. The Thai listing will be completed in the first half of next year pending approval from shareholders and regulators.Announcing the plan, CEO Nazir Razak said the listing on the Thai bourse showed the group s commitment...
business

Guru Speak: Monetary-policy conundrum during global recovery
November 16, 2009
Early last month, the Reserve Bank of Australia became the first central bank in advanced economies to kick off policy interest-rate hikes. Although the slowdown in unemployment and rising inflationary pressures were the main reasons, it is suspected that rising asset prices were also an important reason behind...
business

PTT, PTTEP shares drag index down 3%
November 13, 2009
... day at 696.72.Asia Plus Securities CEO Kongkiat Opaswongkarn attributed the fall mainly to the MSCI adjustment.Patareeya Benjapholchai, president of the Stock Exchange of Thailand, said investors were also concerned about the diplomatic wrangling with Cambodia. The MSCI adjustment witnessed the inclusion of Kasikornbank...
business

Agressive state lending lifts economic growth
November 12, 2009
Government revenue in October, the first month of the current fiscal year, also surpassed the target by 16 per cent, rising almost 22 per cent year on year. In August, the government asked six specialised financial institutions (SFIs) to increase their combined lending for the calendar year from Bt625...
business


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