Showing 1 - 10 of 15
FWD intent on expanding market share
Business, Nareerat Wiriyapong, Published on 21/09/2024
» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.
Ailing EA lands cluster of three-year loans worth B8bn
Business, Nareerat Wiriyapong, Published on 10/08/2024
» Thirteen financial institutions and funds have agreed to provide three-year loans worth 8 billion baht to Energy Absolute Plc (EA) to ease the short-term liquidity crunch faced by the embattled renewable energy firm.
EA eyes bond repayment delays amid fraud claims
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Shares of Energy Absolute (EA) sank yesterday after the listed renewable energy company said it would seek the approval of its bondholders to delay payment on two bond tranches worth 5.5 billion baht, signalling that the company's financial woes, caused by the alleged fraud involving two executives, are getting worse.
Maguro poised for aggressive expansion
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.
Thailand heading for decade of low growth
Business, Nareerat Wiriyapong, Published on 02/08/2024
» The Thai economy is projected to expand by an average of 2.8% per year over the next decade, boosted by a tourism rebound, its status as a regional automotive hub, and the regionalisation of large Thai conglomerates, says a DBS Bank report.
Baht set to further strengthen this year despite headwinds
Nareerat Wiriyapong, Published on 01/08/2024
» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.
Digital wallet details fail to rally SET
Business, Nareerat Wiriyapong, Published on 25/07/2024
» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.
Thai ESG Fund expected to receive cabinet green light on Tuesday
Business, Nareerat Wiriyapong, Published on 23/07/2024
» The cabinet is expected to endorse the new Thai ESG Fund on Tuesday, with analysts hoping the revised conditions of the environmental, social and governance (ESG) focused fund will boost trading on the Stock Exchange of Thailand (SET) by 40-50 billion baht a year.
Analyst sees scant impact from digital wallet
Business, Nareerat Wiriyapong, Published on 13/07/2024
» The government's flagship digital wallet policy can improve the economy by only 0.4 percentage points, mostly in 2025, after the project's budget was reduced by 50 billion baht to 450 billion, as uncertainties remain regarding the funding, according to an analyst.
Why is the SET in a protracted slump?
Business, Nareerat Wiriyapong, Published on 11/07/2024
» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.