Thai Bank of Ayudhya buys Nomura's Thai securities unit for $155.3 million
BANGKOK : Thailand's Bank of Ayudhya Pcl (BAY) announced in a filing on Thursday it would acquire Nomrua's securities unit in Thailand for $155.3 million. Japan's Mitsubishi UFJ Financial Group holds a 76.9 per cent stake in Bank of Ayudhya, Thailand's fifth largest bank by assets. The transaction is subjec
48-year-old man found dead after early morning fire in Jurong East flat
A fire in a flat at Block 236 Jurong East Street 21 left one person dead early Tuesday morning (Aug 16). Read more at stomp.straitstimes.com Read more >>
World Bank keeps Thai GDP growth outlook at 2.9% this yearBANGKOK : Thailand's economy is expected to grow 2.9 per cent this year, unchanged from a forecast in April, supported by private consumption and tourism recovery, the World Bank said on Wednesday.Southeast Asia's second-largest economy is projected to reach pre-pandemic levels in the fourth quarter of 20
Thai economy to show further improvement in June as curbs ease -central bankBANGKOK : Thailand's economy improved in May and activity showed a further recovery in June, supported by increased spending, exports, and a pickup in tourism as pandemic restrictions eased, central bank officials said on Thursday.Risk factors being monitored, however, included an increase in costs and pr
Thai factory output unexpectedly drops 2.1% y/y in MayBANGKOK : Thailand's manufacturing production index (MPI) in May unexpectedly fell 2.11 per cent from a year earlier, weighed down by lower production of cars, hard disk drives and plastic pellets, the industry ministry said on Wednesday.That compared with a forecast 1.50 per cent rise in output in a Reut
With Thirteen Lives, director Ron Howard revisits Thai cave rescueThe film – which stars Joel Edgerton, Colin Farrell and Viggo Mortensen – retells the story of the spectacular rescue of the 12 boys and their coach who, in June 2018, found themselves trapped in Tham Luang cave for more than two weeks.
Mucky business: Thai prisoners clean Bangkok sewers after Covid-19 delayBANGKOK — Flecked with sewage, a Thai prisoner grapples with an overflowing bucket as he and his fellow inmates clean Bangkok's congested drains for the first time in two years. And American inmates think they got it rough
China's central bank to step up policy implementation to spur growthBEIJING : China's central bank said on Wednesday it will step up the implementation of prudent monetary policy and keep liquidity reasonably ample, in a bid to support the slowing economy.The People's Bank of China (PBOC), in a statement after the conclusion of a quarterly meeting of its monetary policy c
t to approval from the Thai central bank, BAY said.LinkedIn BANGKOK : Thailand's economy is expected to grow 2.LinkedIn BANGKOK : Thailand's economy improved in May and activity showed a further recovery in June, supported by increased spending, exports, and a pickup in tourism as pandemic restrictions eased, central bank officials said on Thursday.LinkedIn BANGKOK : Thailand's manufacturing production index (MPI) in May unexpectedly fell 2.
Source: Reuters .