Ayudhya

After some contemplation (this place seems to call for it!), I ventured to Ayudhya, which is two-hours by car from Bangkok.

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Last week, for example, HSBC Holdings PLC said it had agreed to sell its retail banking and wealth management business in Thailand to Bank of Ayudhya, for approximately $112 million.

Malaysia's CIMB Bank Optimistic About Indonesian Banking Eric Bellman 2012

Cambodian troops took advantage of Thai weakness (exacerbated by 1569 Burmese sacking of Ayudhya) to raid Thai territories.

c. Cambodia 2001

A Thai prince and supporters fled to Cambodia when Ayudhya fell to Burmese army.

c. Cambodia 2001

Each kingdom—such as Angkor, Ayudhya, Majapahit—formed concentric circles of influence radiating out from a center representing the ruler (whose authority generally became weaker the further from the center an area was located), and moving toward more distant or geographically remote territories.

4. Southeast Asia, c. 900-1557 2001

BANGKOK, July 20 Reuters - Thailand's fifth-largest lender Bank of Ayudhya , owned 30 percent by General Electric , reported a 39 percent rise in quarterly net profit on Wednesday, boosted by strong loan growth especially from retail clients.

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Bank of Ayudhya Pcl, the Thai lender partly owned by General Electric Co., said it will buy HSBC's consumer banking business in Thailand, for about 3.56 billion baht $115 million, in a statement today.

BusinessWeek.com -- Top News 2012

Thai banks remain attractive and are drawing buying interest from fund managers, including Abeerdeen, ING and Ayudhya asset management firms, given low valuations and robust bottomlines.

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A call and text message seeking comment from Thailand Central Bank spokeswoman Sirithida Panomwan Na Ayudhya was not returned after business hours.

BusinessWeek.com -- Top News 2011

Now of the 227 factories operating in the zone, only 15 percent have restarted production, according to Nipit Arunvongse Na Ayudhya, the managing director of the company that manages the Nava Nakorn industrial zone, one of the largest in Thailand and located just north of Bangkok.

NYT > Home Page By THOMAS FULLER 2012