Healthy debut for LH Bank
Land and Houses Retail Bank (LH Bank) expects approval from authorities for an upgrade to commercial bank status by August
Land and Houses Retail Bank (LH Bank) expects approval from authorities for an upgrade to commercial bank status by August
TUF announced its 2011's first-quarter results today with year-on-year growth in sales by 49% in US dollar term and 39% in Thai baht term.
LH Financial Group will start trading on the Stock Exchange of Thailand on May 10 as the first listing by a commercial bank in the 15-year period.
SET still holds long-term potential for investors willing to endure occasional volatility. Despite high volatility and dips last week, the Thai stock market is still considered attractive for long-term investors who want to start accumulating good stocks at discounted prices or long-term equity funds, say analysts.
GFPT Plc, a listed integrated poultry producer, plans to invest 1 billion baht this year to set up new broiler and grandparent chicken farms to supply its joint-venture processing plant.
Charoen Pokphand Foods (CPF) has identified India, Vietnam, Russia and the Philippines as its top priority markets for expansion in a five-year business plan.
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