Showing 1 - 10 of 180
Rival banks reap windfall from transferred cash
Business, Somruedi Banchongduang, Published on 19/02/2014
» Three large banks — Bangkok Bank (BBL), Siam Commercial Bank (SCB) and Kasikornbank (KBank) — are reaping a windfall from the current run on deposits at the state-owned Government Savings Bank (GSB), with a large portion of the 30 billion baht withdrawn from the GSB landing in their deposits accounts.
Mixed emotions from staff
Business, Pathom Sangwongwanich, Published on 19/02/2014
» ‘I feel bad for Khun Woravit, but I feel sympathy for the bank as well,” said a Government Savings Bank (GSB) employee who dressed in black to protest a troubled loan to the Bank for Agriculture and Agricultural Cooperatives (BAAC).
B44bn for Central's expansion
Business, Pitsinee Jitpleecheep, Published on 19/02/2014
» Despite many negative factors, the Central Group of Companies, the country’s largest retail chain, will increase its annual investment budget by 30% to 44 billion baht to expand its business both domestically and internationally this year.
SET keen to expand across region
Business, Nuntawun Polkuamdee, Published on 19/02/2014
» The Stock Exchange of Thailand (SET) is studying the establishment of a Greater Mekong Subregion (GMS) board to attract investors interested in putting money into companies, says executive vice-president Pakorn Peetathawatchai.
Thai Insurance policy rewards safe drivers
Business, Darana Chudasri, Published on 19/02/2014
» Thai Insurance (TIC) has launched a new car insurance product offering half off the first three years' net premium for customers with good driving records.
Kiatnakin clamps down
Business, Somruedi Banchongduang, Published on 19/02/2014
» Kiatnakin Bank promptly tightened its criteria for both loan approval and collection to control asset quality after non-performing loans (NPLs) rose by 04. to 0.5 percentage points in one month, says president Aphinant Klewpatinond.
Rich keen on London flats
Business, Kanana Katharangsiporn, Published on 19/02/2014
» After selling two units worth a combined 3 million pounds (162 million baht) last year to Thai buyers, Britain's Land Securities Group will launch a 118-billion-baht residential project in London's Victoria area to high net worth Thais.
Pruksa awaits end to turmoil
Business, Kanana Katharangsiporn, Published on 19/02/2014
» As the political situation becomes more uncertain, SET-listed developer Pruksa Real Estate Plc (PS) will delay land purchases, advertising and condo launches until the second quarter while offering a win-back programme to customers unable to receive unit transfers.
Hospitality school to be launched
Business, Chadamas Chinmaneevong, Published on 19/02/2014
» Regent Group, owner of the Regent Cha-am Beach Resort, expects its Regent Cha-am Hospitality School (RHS) will help to relieve the shortage of Thai hospitality workers, both here and across the region.
Executives hit back after names leaked
Business, Nanchanok Wongsamuth, Published on 19/02/2014
» With the Centre for Maintaining Peace and Order (CMPO) trying to cut the financial lifeline of anti-government protesters, business executives yesterday defended the act of providing funds for politicians as a personal right and said the public should not make an immediate link between an individual's sponsorship and his organisation.