Rescue for Thailand's banks may offer share gains

Article Abstract:

The Thai government's recapitalization of its banks sends mixed signals to shareholders and financial analysts alike. The government's bail-out program for banks intends to allow banks to issue subordinated bonds counted as capital, in exchange with government-issued bonds. There are those who agree that the scheme will largely benefit big banks like the Bangkok Bank and Thai Farmers Bank. On the other hand, there are those who believe that the scheme will greatly hurt the shareholders.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Banking Regulation, Banking industry, Laws, regulations and rules, Finance, Thailand, Corporate reorganizations, Banking law

---

Unicord's bid to cut ties to Bumble Bee reflects long struggle to bail red ink

Article Abstract:

Unicord PCL has announced that it has signed a letter of intent to sell financially-strapped Bumble Bee Seafoods Inc. to a consortium for $155 million. However, the consortium led by Chemical Banking Corp. noted that deal is still uncertain and criticized Unicord for prematurely making it public. Unicord had been eager to sell Bumble Bee Seafoods, which acquired in 1989, because its consistently poor financial performance.

Fresh or frozen prepared fish, Fresh & Frozen Packaged Fish, Fresh and Frozen Seafood Processing, Mergers, acquisitions and divestments, Fish (Food product), Seafood industry, Bumble Bee Seafoods L.L.C., Unicord PCL

---

Burma's rising economic tide leaves the average resident without a paddle

Article Abstract:

The Burmese government's bid to rapidly develop infrastructure, tourism and natural gas extraction has not translated into economic progress for the average Burmese resident. An efficient capital source for new businesses remains nonexistent, with complex regulations and fees further compounding the problem. In addition, foreign investment is restricted by an artificially low exchange rate.

Analysis, Economic aspects, Economic development, Myanmar

Similar abstracts:

• Abstracts: Closed-end Thailand funds offer low-risk bargains. Currency swings threaten recovery of ship repairers. Slim discounts cut appeal of U.S. closed-end funds
• Abstracts: Capital fright. More of the same: Japan's economic package fails to excite. Solo effort
• Abstracts: The day of the great postponement. Uniting enemies: Israel. Leap-frogging for peace
• Abstracts: Australia's firms look abroad to recruit executives: salaries are surging as companies seek talent outside the country, specifically in America
• Abstracts: Euro banks are highlight of Lyonnais sale. Unitas takes over KOP

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