Showing 1 - 10 of 52
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Thailand's new premier faces a daunting to-do list
Business, Post Reporters, Published on 16/09/2024
» Business leaders and economists have urged the government of Prime Minister Paetongtarn Shinawatra to address both short-term problems and structural economic issues simultaneously.
Asian shares advance on tech rally, rate optimism
Business, Published on 14/09/2024
» RECAP: Most Asian equity markets advanced on Friday, following a tech rally on Wall Street, while US economic data sustained expectations that the Federal Reserve would start cutting interest rates next week.
Countries that are in step must trade together
Oped, Published on 14/09/2024
» Donald Trump and Kamala Harris agree on little except a disdain for free trade. Ahead of the 2024 US presidential election, Mr Trump has threatened a 10% across-the-board tariff on imports, while Ms Harris, whose policy positions remain murky, has indicated that she would follow in President Joe Biden's footsteps with "targeted and strategic tariffs". American politicians' free-trade enthusiasm of the 1980s and 1990s has vanished, and this scares other countries, which know that the United States -- despite its wobbles and foibles -- remains the world's most attractive trading partner.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Investors rejoice in stable politics
Business, Nuntawun Polkuamdee, Published on 06/09/2024
» Thai stocks skyrocketed yesterday, posting the highest gain since March last year and breaking the 1,400-point barrier.
Bangchak Drives Sustainable Growth with Bold 2030 Targets
Published on 03/09/2024
» Bangchak Corporation Public Company Limited celebrated its success in the first half of 2024, marking its 40th anniversary as it steps into its fifth decade. This milestone year has been characterised by synergy realisation, transformation, and growth, all driven by a clear strategic vision that coordinates excellence within the group to enhance efficiency, ensure continuous business expansion, and maintain financial discipline. The company targets an EBITDA of THB 100 billion by 2030, reaffirming its leadership in the Thai energy sector and establishing a solid foundation for sustainable growth.
Chulalongkorn University Honours Thailand’s Most Powerful Brands
Published on 02/09/2024
» The Department of Marketing at Chulalongkorn Business School hosted the “Most Powerful Brands of Thailand 2024” awards ceremony, recognising excellence across 29 product categories. This event represents the most extensive brand survey in Thailand. Professor Dr. Wilert Puriwat, D.Phil. (Oxon.), Acting President of Chulalongkorn University, presided over the ceremony and presented the awards to brand executives at Chulalongkorn University's auditorium.
Sightseeing in Songkhla
Life, Pattarawadee Saengmanee, Published on 29/08/2024
» Even though it was a gloomy day, we could still clearly see Songkhla's landscape from where we stood atop the ancient Fort No.9. Constructed out of stone to accommodate cannons, it is located on a plain that connects the foothill of Khao Noi and the southwestern town corner.