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.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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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.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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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.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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