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Showing 121 - 130 of 156

BUSINESS

SEC snags 7 illicit traders from China

Business, Pathom Sangwongwanich, Published on 12/06/2018

» The Securities and Exchange Commission (SEC) has accused seven Chinese nationals for their involvement with unauthorised securities business operation in Thailand.

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BUSINESS

IFEC ordered to hold meeting

Business, Pathom Sangwongwanich, Published on 08/06/2018

» The Securities and Exchange Commission (SEC) has ordered embattled Inter Far East Energy Corporation Plc (IFEC) to immediately hold a shareholders' meeting to proceed with selecting new directors and resume the company's operations.

BUSINESS

World Bank sees growth let-up

Business, Pathom Sangwongwanich, Published on 07/06/2018

» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.

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BUSINESS

Expenses push Pace to post massive impairment loss

Business, Pathom Sangwongwanich, Published on 17/05/2018

» SET-listed Pace Development Corporation Plc's net loss widened by 610% year-on-year in the first quarter, due to impairment loss in investments and increased selling expenses from the property business.

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BUSINESS

Thai AirAsia parent's Q1 profit jumps 76%

Business, Pathom Sangwongwanich, Published on 15/05/2018

» SET-listed Asia Aviation Plc (AAV), a major shareholder of Thai AirAsia Co Ltd (TAA), has reported a 76% year-on-year rise in its first-quarter net profit, buoyed by strong growth in number of passengers carried, high demand during peak season and the baht appreciation.

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BUSINESS

BoT pegs losses to strong baht mitigation

Business, Pathom Sangwongwanich, Published on 08/05/2018

» The Bank of Thailand has attempted to allay concerns about its accumulated losses by clarifying that they stem from its financial operations to mitigate baht appreciation through foreign currency purchases.

BUSINESS

PTTEP posts 21% Q1 net profit on oil prices, higher baht

Business, Pathom Sangwongwanich, Published on 27/04/2018

» SET-listed PTT Exploration and Production Plc (PTTEP), an oil and gas drilling firm, posted a substantial rise in net profit buoyed by higher global oil prices and lower income tax expenses resulting from the baht appreciation.

BUSINESS

GL files criminal case against JTA and 3 people

Business, Pathom Sangwongwanich, Published on 26/04/2018

» Group Lease Plc (GL) has filed a criminal case against J Trust Asia Pte Ltd (JTA) and three individuals on the grounds of jointly submitting a business rehabilitation petition under the pretence that GL's financial condition requires such a plan.

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BUSINESS

BTS ad seller VGI buying 23% of Kerry Express

Business, Pathom Sangwongwanich, Published on 25/04/2018

» SET-listed VGI Global Media Plc, a provider of media space in the skytrain system, has agreed to purchase a 23% stake in Kerry Express Thailand Ltd in a bid to set up parcel collection points at BTS stations.

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BUSINESS

7-Eleven aims for regional omnipresence

Business, Pathom Sangwongwanich, Published on 23/04/2018

» With an ubiquitous domestic presence, the 7-Eleven convenience store chain is looking to expand its footprint in Asia-Pacific to carry out its regional growth vision, says Charoen Pokphand (CP) Group chief executive Suphachai Chearavanont.