Showing 1 - 10 of 12
TU profits fall 20.2% in Q1 from foreign turmoil
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.
Osotspa IPO launch to lead 2018 in size
Business, Pathom Sangwongwanich, Published on 20/09/2018
» Century-old consumer goods conglomerate Osotspa Plc expects to launch an IPO early next month in a deal expected to be the largest corporate fundraiser this year.
Tisco sees B7bn foreign sell-off on tepid Q2 earnings
Business, Pathom Sangwongwanich, Published on 10/08/2018
» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.
Mutual funds propel bourse
Business, Pathom Sangwongwanich, Published on 20/12/2017
» Heavy year-end investment yesterday in mutual funds to reap tax exemptions helped push the Stock Exchange of Thailand (SET) index to its highest level in nearly 24 years.
Asia's economic agenda
Asia focus, Pathom Sangwongwanich, Published on 09/01/2017
» As the euphoria of New Year celebrations fades, it's time for a reality check as economies across Asia brace themselves for yet another year of macroeconomic and business challenges.
Thai stocks up on Japan's massive stimulus package
Business, Pathom Sangwongwanich, Published on 28/07/2016
» Thai shares yesterday joined in Asian stock market gains after Japan's Prime Minister Shinzo Abe unveiled a stimulus package of more than ¥28 trillion (9 trillion baht), exceeding initial estimates of ¥20tn.
Is another global crisis looming?
Business, Pathom Sangwongwanich, Published on 02/06/2016
» With a substantial amount of accumulated debt and banks becoming more vulnerable to loan delinquency, the global economic recovery remains in murky territory and another financial crisis cannot be ruled out, says an executive at an international investment management firm.
Central bank monitoring weaker baht
Business, Pathom Sangwongwanich, Published on 24/07/2015
» The rapid weakening of the baht could cause problems for the real economic sector, says a senior official at the Bank of Thailand.
BoT: No worries with forex trading
Business, Pathom Sangwongwanich, Published on 11/11/2014
» The Bank of Thailand sees no risks associated with foreign exchange or capital flows in allowing investors to pay for Thai shares in major foreign currencies but says further study is needed on the amount permitted for such transactions.
Amundi betting big on bourse
Business, Pathom Sangwongwanich, Published on 20/10/2014
» Despite foreign investors' recent sell-off of Thai shares, France's Amundi Asset Management is overweighting the Thai stock market, pointing out the military-appointed government's infrastructure development projects will act as a catalyst in boosting the economy.