Mover and shaker

Article Abstract:

Thailand's Phatra Thanakij securities and finance company keeps its dominant position through farsighted and often contrarian planning. Established in 1972, before most of its present competitors, it decided early to concentrate on wholesale financing and the market's top end. Thanks to that strategy and a client base consisting mostly of institutional investors, it has prospered in the country's long bear market, earning 2.4 billion baht in 1994, 90% more than the year before. Now it is looking at energy development and other projects.

Financial Services, Finance and Insurance, Management, Company Profile, Phatra Thanakit Company Ltd.

---

Different drummer: Thai firms allow profits, not policy

Article Abstract:

Thai govt officials are having little luck persuading businessmen to invest in particular countries or industries abroad. Thailand leads investment in Laos, but it lags in nearly every other regional market, raising fears that the country will lose out to Malaysia and Singapore as the region booms. Most Thai companies are busy enough at home, while others do not find the govt's preferred countries suitable or stable enough. Many neighboring countries also distrust Thailand due to past aggression.

Foreign investments, Asia

---

Capital idea

Article Abstract:

Thailand's capital markets are approaching their potential, giving large and well-known companies new fund-raising options and incidentally improving conditions for smaller firms. The Securities and Exchange Commission OK'd 43.7 billion baht worth of share offerings in the first half of 1996, and 46.3 billion in debt issues, up from 19.7 billion and 26 billion in the same period of 1995. The emergence of insurance companies and pension funds should also add depth and liquidity to the markets.

Commercial Banks, Commercial Banking, Banking industry, Economic aspects

Similar abstracts:

• Abstracts: Unilever Canada. Innovative icon
• Abstracts: Processed foods, confectionery and bakery products in France. Processed foods, confectionery and bakery products in Belgium
• Abstracts: Gathering storm: violence, party rifts shatter political calm. Divided we fall: party leadership coup weakens coalition member
• Abstracts: A new wave of pain. Coming of age
• Abstracts: No more denial. Anywhere but Asia. The best-laid plans ... Asia's markets refuse to conform to expectations

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.