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Search Result for “Foreign exchange”

Showing 1 - 10 of 169

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OPINION

Being graft-free is good for business

News, Published on 25/09/2024

» Risks of corruption and bribery are key factors that multinational companies take into account when deciding to invest money or conduct business in Thailand. Early this month, a well-known US-based company selling farm and construction equipment paid $10 million (329 million baht) to settle charges from the US Securities and Exchange Commission after its Thai subsidiary was found bribing government officials to secure procurement contracts from the Department of Highways (DoH) and the Department of Rural Roads (DRR).

GENERAL

Caution urged on foreign pawning

Business, Nuntawun Polkuamdee, Published on 25/09/2024

» Stock market regulators are warning executives and major shareholders of listed companies to be careful about pawning their shares to foreign funds, saying it could results in losses and damage market confidence.

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PROPERTY

Myanmar condo transfers see surge

Business, Kanana Katharangsiporn, Published on 24/09/2024

» Condo transfers to buyers from Myanmar in the first half of 2024 surpassed the total for 2023, which had set a record.

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GENERAL

Baht at 19-month high against US dollar

Business, Published on 24/09/2024

» The baht surged to a 19-month high against the dollar, driven by a weaker US currency and profit-taking in gold.

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GENERAL

Analysts raise year-end target for SET

Business, Nuntawun Polkuamdee, Published on 24/09/2024

» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.

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THAILAND

Bangkok's Chula Uni relocates launch of book critical of military off-campus

Online Reporters, Published on 23/09/2024

» Chulalongkorn University has cancelled a plan to use its campus to hold a seminar and book launch for a book – authored by one of its own scholars – on the role of the military in Thailand.

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GENERAL

All eyes on Thai baht

Business, Published on 23/09/2024

» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.

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GENERAL

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.

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GENERAL

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.

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LIFE

Discover 4 Inspiring Zones on the LG Floor at SX 2024

Published on 20/09/2024

» The Sustainability Expo (SX) 2024, ASEAN’s largest event focused on sustainable innovation, returns from 27th September to 6th October 2024 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok. As a premier platform for exploring global sustainability practices and solutions, SX 2024 invites individuals, businesses, and governments to collaborate and engage in creating a more sustainable future. With a theme centred on “Sufficiency for Sustainability,” inspired by Thailand's Sufficiency Economy Philosophy (SEP) and the United Nations Sustainable Development Goals (UNSDGs), the expo promises a holistic view of environmental, social, and economic sustainability.