Showing 101 - 110 of 3,485
Troubled Thai firm Energy Absolute gets nod for bond extension
Bloomberg News, Published on 23/08/2024
» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.
Thaksin: ‘No deal’ to bring me home
Published on 22/08/2024
» Former prime minister Thaksin Shinawatra said on Thursday that no political deal was made with his conservative rivals to allow his return from 15 years of exile last year.
Malaysia shines as foreign investors return, as Thailand stumbles
Reuters, Published on 22/08/2024
» SINGAPORE - Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
Banpu Power eyeing more power plants in US
Yuthana Praiwan, Published on 21/08/2024
» SET-listed Banpu Power, the power generation arm of energy conglomerate Banpu Group, is keen on acquiring more energy assets in the US to boost revenue from growing energy demand in the country.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
Villa Market remains upbeat
Business, Kuakul Mornkum, Published on 21/08/2024
» The high level of household debt won't significantly impact Villa Market, according to Villa Market JP Co, the operator of the supermarket chain, as the company targets the high-income segment.
Thai leadership change highlights political risk
Business, Published on 21/08/2024
» The Thai parliament's swift approval of new Prime Minister Paetongtarn Shinawatra, who received royal endorsement on Aug 18, should help to preserve policy continuity, but recent developments highlight the potential for the country's volatile politics to have an impact on policymaking and investor confidence.