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BUSINESS

Thailand affirmed at BBB+, outlook stable

Business, Published on 15/07/2023

» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:

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BUSINESS

China's express delivery sector continues expansion in June

Published on 16/07/2023

» BEIJING: China's courier sector registered expansion in June, according to a monthly industry index.

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BUSINESS

Britain signs treaty to join trans-Pacific trade pact

Published on 16/07/2023

» AUCKLAND, New Zealand: Britain on Sunday formally signed the treaty to join a major trans-Pacific trade pact, becoming the first new country to take part since its inception in 2018 and opening the way for members to consider other applications including from China and Taiwan.

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BUSINESS

Waiting for the dominoes to fall

Business, Post Reporters, Published on 17/07/2023

» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.

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BUSINESS

More players enter cybersecurity market

Business, Suchit Leesa-nguansuk, Published on 17/07/2023

» More companies have jumped into the cybersecurity market, which has ballooned in value to 13 billion baht as organisations embrace digital transformation.

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BUSINESS

Sky ICT set to acquire SAMCO for B500m

Business, Komsan Tortermvasana, Published on 17/07/2023

» SET-listed aviation technology company Sky ICT plans to acquire a 100% stake in Siam Administrative Management and Security Guards Co (SAMCO), a Thai security service.

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BUSINESS

SCN targeting 30-40% revenue growth

Business, Yuthana Praiwan, Published on 17/07/2023

» Growing demand for solar power driven by expensive electricity bills is expected to increase revenue for SET-listed Scan Inter (SCN), a compressed natural gas seller and clean power operator, which set a 30-40% revenue growth target this year.

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BUSINESS

TAT eyeing visitors from Middle East

Business, Molpasorn Shoowong, Published on 17/07/2023

» The Tourism Authority of Thailand (TAT) is targeting 400,000 visitors from the Middle East this year, including a new record for the Saudi Arabia market.

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BUSINESS

Calm approach on tax reforms urged

Business, Wichit Chantanusornsiri, Published on 17/07/2023

» The Finance Ministry's permanent secretary Krisada Chinavicharana is warning the new government that tax reforms to increase revenue must not cause a shock to the economy.

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BUSINESS

Hong Kong cancels trading as typhoon nears

Bloomberg News, Published on 17/07/2023

» HONG KONG: Hong Kong cancelled trading on the city’s $5.2 trillion stock market on Monday because of typhoon Talim.