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Search Result for “$8 billion”

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BUSINESS

Asian bourses advance but SET could see volatility

Business, Nuntawun Polkuamdee, Published on 04/02/2023

» RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.

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BUSINESS

MTL growth set to match overall sector

Business, Nuntawun Polkuamdee, Published on 31/01/2023

» Muang Thai Life Assurance (MTL) expects to grow in line with the overall insurance industry this year, saying the cooling global economy would have a minimal impact on insurance policy renewals as consumers are more health-conscious following the Covid-19 pandemic.

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BUSINESS

Business is booming for BDMS

Business, Nuntawun Polkuamdee, Published on 28/01/2023

» From its origins owning a small hospital 50 years ago, today Bangkok Dusit Medical Services (BDMS) has become the largest hospital network in Asia-Pacific.

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BUSINESS

SET gains as Asian bourses enjoy upbeat week

Business, Nuntawun Polkuamdee, Published on 28/01/2023

» RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

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BUSINESS

J.P. Morgan bullish on Thai bourses

Business, Nuntawun Polkuamdee, Published on 19/01/2023

» Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.

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BUSINESS

Oil funds generate best returns for second consecutive year

Business, Nuntawun Polkuamdee, Published on 18/01/2023

» Oil funds offered the highest cumulative return in 2022 of 14.6%, topping the list for the second year in a row, while technology funds were the main laggard, with a negative return of 43.5%, according to investment research and financial services firm Morningstar.

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BUSINESS

China optimism spurs Asian shares higher

Business, Nuntawun Polkuamdee, Published on 14/01/2023

» RECAP: Asian markets mostly rose again yesterday on optimism about the impact of China reopening on regional corporate performance, while the dollar remained under pressure after data showed a further slowdown in US inflation.

BUSINESS

Thai brokerages upbeat on H1 for local markets

Business, Nuntawun Polkuamdee, Published on 13/01/2023

» China's reopening, continued inflows of foreign funds, and anticipated spending for Thailand's national election scheduled for early May should put the Thai stock market in the spotlight in the first half this year, according to analysts.

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BUSINESS

Corporate bonds again to exceed B1tn tally

Business, Nuntawun Polkuamdee, Published on 12/01/2023

» The Thai Bond Market Association (ThaiBMA) expects the value of corporate bonds to remain elevated this year as corporates look to lock in financial costs as interest rates rise.

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BUSINESS

Investor confidence bullish despite risks

Business, Nuntawun Polkuamdee, Published on 11/01/2023

» The investor confidence index (ICI) remained in the bullish zone last month, thanks to expected gains from China's reopening and a substantial growth in profit for Thai listed companies, says the Federation of Thai Capital Market Organizations (Fetco).