Showing 1-10 of 218 results
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Indorama allots $1.89bn capex for 3 years
Business, Nareerat Wiriyapong, Published on 19/04/2024
» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.
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Axa predicts substantial revenue growth
Business, Nareerat Wiriyapong, Published on 07/12/2022
» Axa Insurance Plc, a Thai unit of the France-based global insurer Axa Group, aims to increase its revenue to 5.2 billion baht in 2023, up from an estimated 4.8 billion this year, by focusing on new products and expanding ties with strategic partners.
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Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
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Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
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Global slowdown threatens Thai growth
Business, Nareerat Wiriyapong, Published on 06/12/2023
» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.
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SET listing powers ANI's regional growth
Business, Nareerat Wiriyapong, Published on 16/12/2023
» With fresh funding mobilised from the Stock Exchange of Thailand, Asia Network International Plc (ANI) aims to expand its network of cargo general sales agents (GSAs) across Asia and beyond, partly through mergers and acquisitions.
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Gold stays buoyant as Asian bourses rally
Business, Nareerat Wiriyapong, Published on 09/05/2023
» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.
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Bitkub seeks local partner for overseas expansion
Business, Nareerat Wiriyapong, Published on 26/11/2022
» Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.
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Hands-on for success
Asia focus, Nareerat Wiriyapong, Published on 24/05/2021
» As the top executive in charge of the fast-growing Asean, India and Australia-New Zealand markets of Delta Electronics, Jackie Chang is entirely occupied with work on weekdays.
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Fragile, uneven recovery
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.
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