Showing 1-10 of 18 results
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Mercedes-Benz rides out Covid crisis
Published on 10/07/2020
» The German luxury carmaker Mercedes-Benz (Thailand) says it has managed to ride out the Covid-19 crisis, using digital marketing to attract customers and ending the first six months of 2019 with sales surging for two models.
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PTT raises $700m from 50-year bond
Published on 10/07/2020
» HONG KONG: PTT Plc, Thailand’s largest energy company, raised US$700 million from the sale of a 50-year bond in Asia's longest dollar corporate debt deal, and bankers believe the shift toward longer-dated terms in the region will continue.
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GPSC restructuring to elevate renewables ahead of schedule
Business, Yuthana Praiwan, Published on 10/07/2020
» National oil and gas conglomerate PTT says it will restructure its power generation arm, Global Power Synergy (GPSC), to hasten its transition to renewable energy despite revenue shortfalls resulting from the pandemic.
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IPOs to revive in second half
Business, Nuntawun Polkuamdee, Published on 10/07/2020
» Thailand's IPO market is expected to become active again in the second half, with 16 companies already approved by the Securities and Exchange Commission (SEC) to raise funds from the public.
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Mutual funds spur growth in trading
Business, Darana Chudasri, Published on 10/07/2020
» Trading of long-term corporate bonds in the secondary market continues to increase, driven by customer demand for higher returns from asset management firms, says the Thai Bond Market Association (TBMA).
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Hygiene and partnerships key for hotels
Business, Published on 10/07/2020
» The effects from Covid-19 could be prolonged even after the virus is contained. CBRE, a leading international property consultant, expects the hotel industry will see an added emphasis on hygiene, a redefined restaurant concept, new partnerships and design alterations.
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IRPC slashes capex to maintain liquidity
Business, Yuthana Praiwan, Published on 10/07/2020
» SET-listed IRPC Plc, the petrochemical arm of national energy conglomerate PTT Plc, is slowing investment in new projects, slashing its spending by 27.8 billion baht to maintain liquidity.
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FPO notes signs of uptick, acceleration since April
Business, Wichit Chantanusornsiri, Published on 10/07/2020
» The recovery of economic sentiment has gathered steam since April after the government managed to contain the coronavirus outbreak, says a senior official at the Fiscal Policy Office (FPO).
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United Airlines Warns It May Furlough 36,000 Staff
Business, Published on 10/07/2020
» United Airlines Holdings Inc. said it is exploring the possibility of shedding almost half its U.S. workforce, the first major domestic carrier to detail how deep the industry might have to retrench amid the pandemic-driven slump in passenger demand.
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Border trade activity down 9.7% in first 5 months
Business, Phusadee Arunmas, Published on 10/07/2020
» Thailand's cross-border trade fell by 9.7% year-on-year in the first five months of 2020 as the coronavirus ravaged the global economy and led neighbouring countries to close nearly all border checkpoints.
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