Showing 1 - 10 of 1,102
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.
Foreign pilots allowed to fly domestic routes
Business, Molpasorn Shoowong, Published on 21/09/2024
» The Labour Ministry plans to temporarily allow foreign pilots to fly domestic routes through wet lease arrangements for airlines, but future requests from other airlines will be considered on a case-by-case basis.
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
Ministries told to expedite investment outlay
Business, Wichit Chantanusornsiri, Published on 21/09/2024
» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.
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.
Samyan Mitrtown to break even in three years
Business, Kanana Katharangsiporn, Published on 21/09/2024
» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.
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.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Deeper Dive: Thailand, tourism and global harmony
Published on 20/09/2024
» Thailand’s recent relaxation of visa restrictions was necessary for both the economy and social stability, says a leading travel historian, because the kingdom is deeply dependent on tourism.