Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.
The board of the National Broadcasting and Telecommunications Commission (NBTC) meeting on Wednesday approved in principle guidelines for the purchase of fixed broadband service 3BB by Advanced Info Service (AIS) and its investment in Jasmine Broadband Internet Infrastructure Fund (JASIF).
Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.