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Opinion: Thailand still stained by red shirt recollections

September 01, 2010  

The country is enjoying good GDP growth and a rising stock exchange, but foreign investors look set to stay away until genuine progress is made bridging the gap between the country’s urban and rural populace. It could even mean an early election, writes Chris Wright.

Thai finance minister Korn Chatikavanij and Stock Exchange of Thailand president Charamporn Jotikasthira were being chaperoned around Asia by Credit Suisse last week, in an attempt to rehabilitate Thailand’s reputation among foreign investors in the wake of the red shirt...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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