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Archive for June, 2008

Financial One introduces online one stop insurance shopping

Financial One, the leading provider of online financial shopping center, has introduced an instant insurance matchmaking services to provide a stage where buyers and providers of insurance policies can meet nationally online.
No matter where is the buyer’s location, Financial One matches the best insurance packages of multi premium providers with prices comparisons to pick from.
Financial [...]

SET expect to see investors returning in 2nd half

The Stock Exchange of Thailand’s chairman Pakorn Malakul commented on Friday that foreign investors will be returning to the Thai market in the second half of the year, referring the ease in current political strife.
He said fundamentals and performances of the listed companies remain attractive to foreign investors.
“I think foreign investors will return to buy [...]

Finance Minister Surapong Suewonglee expressed confident on Friday that investors have a positive view towards the parliamentary debate and the result, which help eased political tension.

Tisco withdraws from pursuit of BankThai stake

Tisco Bank said on Wednesday it has withdrawn form negotiations to buy 42 per cent stake in BankThai following the pressures from political strife.
Tisco shares were suspended on Wednesday after the Thai-language newspaper Post Today reported that it had file a bidding to buy stake in BankThai from the central bank rescue arm Financial Institutions [...]

BankThai seeks pending on sales of its shares

BankThai (BT) is asking the Stock Exchange of Thailand on Thursday to suspend transactions of its shares while it waits for a result of talks on sale of a 42 per cent stake by an arm of the central bank Financial Institutions Development Fund (FIDF).
BankThai said it had been informed by FIDF that there had [...]

8 markets link up for real-time trade

Six international stock exchanges agree to establish links for real time direct shares trading, according to Phillip Securities.
The brokerage house said, upon completion of online trading system, local investors will be allowed to trade stocks from eight different major markets on July 22, consisting of Nasdaq, the New York Stock Exchange, the American Stock Exchange, [...]

Commerce Minister Mingkwan Sangsuwan said he will soon step down from the post—citing deteriorating support from the People Power Party.

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