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Search Result for “$8 billion”

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INVESTMENT

Upbeat ETF outlook spurs Ethereum

Business, Nuntawun Polkuamdee, Published on 24/05/2024

» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.

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GENERAL

Exports rebound to record 6.8% growth in April

Business, Phusadee Arunmas, Published on 24/05/2024

» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.

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GENERAL

Tourism revival spurs aviation tech

Business, Komsan Tortermvasana, Published on 24/05/2024

» An influx of tourist arrivals and their use of airport tech applications has benefited aviation technology and airport services projects.

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THAILAND

DTP Invests in Thailand and Abroad for DTGO

Published on 23/05/2024

» 23 May 2024, Bangkok – DTGO Prosperous Limited (DTP), an investment and financial management company within DTGO, is continuing its international capital investment, expanding its investment base around the world with a focus on high-quality real estate that is already in operation and ready to generate steady income.

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GENERAL

April export growth beats forecasts

Published on 23/05/2024

» The dollar value of Thai exports rose 6.8% in April from a year earlier, the Ministry of Commerce said on Thursday, beating analysts’ expectations.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

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GENERAL

Shanghai meeting paves way for more investment

Chairith Yonpiam, Published on 22/05/2024

» Thai trade representative Narumon Pinyosinwat discussed avenues for trade and investment between Thailand and Shanghai during a meting on Wednesday in the Chinese city with Zhao Zhuping, deputy secretary-general of the municipal government.

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GENERAL

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

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GENERAL

Cassava exports in Q1 suffer 16.4% decline

Business, Phusadee Arunmas, Published on 22/05/2024

» Thai exports of cassava and cassava products decreased by 16.4% year-on-year in the first quarter, as cassava chip output declined.