COMMERCIAL banks have expressed confidence that their financial results this year will show sustained growth after most of them announced increases in net profit last year. Ten banks reported that net earnings for 2017 totalled Bt175.21 billion, up 4.4 per cent from 2016. Results from the listed commercial banks that have reported on their performance […]
Read MoreThai companies wanting to raise public funds via Initial Coin Offerings (ICOs) using cryptocurrencies should be required to follow the strict rules and regulations on Initial Public Offerings (IPOs), currently applied to stocks and other financial instruments, said experts. The cryptocurrency hype in Thailand has stepped up following an announcement from listed Thai firm Jaymart’s […]
Read MoreMANILA, Philippines — Philippine economic growth in the third quarter of 2017 was revised upwards from 6.9 percent to seven percent, the Philippine Statistics Authority (PSA) said. Contributing to the upward revision were gains in manufacturing, trade and repair of motor vehicles, motorcycles, personal and household goods, and mining and quarrying. PSA said it revised […]
Read MoreINVEST Malaysia, an event organised annually for the global investing audience, takes place next week, just in case many are not aware yet. It will be the last one before Prime Minister Datuk Seri Najib Tun Razak faces the people in the general election (GE). The event usually takes place in the period of April […]
Read MoreTEMPO.CO, Jakarta – Financial Services Authority (OJK) chairman Wimboh Santoso said the growth of bank loan during 2017 was quite well. The loans grew 8 percent from the target set at 10 to 12 percent. However, Wimboh claimed that he was not satisfied with the achievement. “It should be higher in the future,” he said in Jakarta, on Thursday, […]
Read MoreMANILA, Philippines — The Philippine economy likely grew 6.7 percent during the last three months of 2017 on account of strong domestic demand, Moody’s Analytics said. “The Philippines’ economy has been a standout in recent years, underpinned by strong domestic demand and favorable demographics,” Moody’s said in its January 18 market outlook. “Domestic demand likely […]
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Thailand
