Published: January 21, 2021
Krungsri (Bank of Ayudhya and its business units) has announced net profits of Bt23.04 billion for 2020, representing a 14.5 per cent drop from its net profit in 2019. The bank attributed the sharp drop to provisioning for future uncertainties given the Covid-19 outbreak in mid-December and the fragile outlook for economic recovery.
Published: August 05, 2020
Airports of Thailand (AOT) stands to lose more than Bt133 billion from its decision to change the minimum guaranteed payment method to help duty-free giant King Power amid the Covid-19 crisis, a stock analyst at Kasikorn Securities said on Tuesday (August 4).
Published: August 03, 2020
Almost Bt80 billion was wiped off the value of Airports of Thailand (AOT) today when its stock price dropped 8.7 per cent to Bt49.75 per share following the board's move to assist King Power Duty Free (KPD) without first consulting shareholders.
Published: July 02, 2020
WASHINGTON - The Trump administration is weakening taxpayer safeguards in its agreements with companies working on novel-coronavirus drugs, which could prevent regulators from curbing prices for future vaccines and treatment, a consumer group said Wednesday.