Showing 1 - 8 of 8
Fear of fallout over baht's rise
Business, Published on 22/01/2018
» The baht's continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise.
Mobius still bullish on Thai equities market
Business, Darana Chudasri, Published on 18/01/2018
» Thailand remains a stellar investment destination among emerging markets, with its bull run expected to continue because of the country's sound economic fundamentals, says veteran investor Mark Mobius.
BAY, TMB, CIMBT report net profit rise
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Ayudhya (BAY), TMB Bank (TMB) and CIMB Thai Bank (CIMBT) saw their unaudited consolidated net profit surge last year thanks to increases in their operating income.
Thailand IPO and M&A activity to peak in 2019
Business, Published on 10/01/2018
» Thailand's dealmaking cycle is predicted to peak in 2019, with the value of both mergers and acquisitions (M&A) and initial public offerings (IPO) forecast to climb over the next two years, before easing back in 2020, according to the third edition of the Global Transactions Forecast, issued by Baker McKenzie and Oxford Economics.
Baht crosses over 32 benchmark
Business, Published on 13/01/2018
» The baht extended its gains on Friday, trading at below 32 to the US dollar and ending the first two weeks of the year up 2%, while exporters have asked the central bank to take measures to put the baht in line with its trade counterparts to retain a competitive advantage.
Tax perk value beats target by 35 times
Business, Wichit Chantanusornsiri, Published on 12/01/2018
» Tax incentives to promote domestic investment have received overwhelming support from the private sector, with combined investment applications worth 281 billion baht last year, 35 times higher than the target, says Pornchai Thiraveja, an adviser to the Fiscal Policy Office (FPO).
Private sector urges BoT to act on baht
Business, Lamonphet Apisitniran, Published on 11/01/2018
» The private sector has asked the government and the Bank of Thailand to hold a meeting on finding ways to curb the baht's rapid gains, which is putting the baht among the top-performing currencies in Asia.
Thai banks forecast at least 4% growth for 2018
Business, Somruedi Banchongduang, Published on 09/01/2018
» The research houses of two Thai banks have painted an upbeat picture for the country's economic growth in 2018, forecasting its pace will be at least 4%, underpinned by exports, domestic investment and tourism.