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BUSINESS

China data shows economic momentum flagging

AFP, Published on 14/08/2018

» BEIJING: The Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record low in the first seven months of the year and retail sales slowed.

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BUSINESS

SET down 19.21 points to 1,686.75 at midday

Online Reporters, Published on 14/08/2018

» The Stock Exchange of Thailand's main index went down 19.21 points, or 1.13%, to close at 1,686.75 points at the end of trading session this morning. The trade value was 29.39 billion baht, with 7.35 billion shares traded.

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BUSINESS

SET down 18.90 points to 1,687.06 at opening

Online Reporters, Published on 14/08/2018

» Thai stocks opened down 1.11% at the start of trade this morning.

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BUSINESS

Chinese Mice travellers surging

Business, Suchat Sritama, Published on 14/08/2018

» The Thailand Convention and Exhibition Bureau (TCEB) is strengthening the China market with an aim to draw more than 160,000 Chinese business people to Thailand this fiscal year, which runs through September.

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BUSINESS

Covestro's third plant 'operational' by next year

Business, Lamonphet Apisitniran, Published on 14/08/2018

» Covestro Deutschland AG, a German supplier of polymer materials, has announced a third manufacturing plant for special film in Thailand.

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WORLD

Musk talking to Saudis about Tesla buyout

Reuters, Published on 14/08/2018

» Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia's sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down.

BUSINESS

Tisco Bank to limit damage as rates rise

Business, Somruedi Banchongduang, Published on 13/08/2018

» Tisco Bank is likely to settle for conservative growth in auto loans over the next few years as it aims to manage financial costs amid the upward trend in interest rates.

BUSINESS

PTT to debut LNG trading by year-end

Business, Yuthana Praiwan, Published on 13/08/2018

» SET-listed PTT Plc, the national oil and gas conglomerate, will launch a trading business for liquefied natural gas (LNG) by the end of this year.

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BUSINESS

Pracha Rat panel forecasts 9.2% export growth

Business, Phusadee Arunmas, Published on 13/08/2018

» Despite the escalating trade row between the US and China, Thailand's exports are expected to manage strong growth of 9.2% this year, fetching the country US$258.58 billion, says the Pracha Rat (People's State) steering committee on exports and outward foreign direct investment.

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BUSINESS

China's new travellers

Asia focus, Erich Parpart, Published on 13/08/2018

» When the tour boat Phoenix capsized and sank in rough seas off Phuket on July 5, the lives of hundreds of Chinese people changed forever as they dealt with the loss of 47 loved ones.