Showing 1 - 10 of 45
Sugar production ample despite effects of drought
Business, Lamonphet Apisitniran, Published on 05/09/2024
» Domestic sugar supply was sufficient to serve demand in the industrial and household sectors this year, with total consumption tallying 1.27 million tonnes in the first half, says the Office of the Cane and Sugar Board (OCSB).
KSL pulls out investment in Cambodia
Business, Lamonphet Apisitniran, Published on 05/07/2024
» The expansion of the sugar business from Thailand into Cambodia has hit a roadblock as Khon Kaen Sugar Industry Plc (KSL), Thailand's third-largest sugar producer, decided to withdraw its investment because of unfavourable business conditions.
Khon Kaen Sugar Industry Plc forecasts sugar price edging lower this year
Business, Lamonphet Apisitniran, Published on 21/06/2024
» Global sugar prices are expected to stand at US$0.22-23 per pound in 2024, only slightly lower than a range of 25-26 cents per pound in the first half of this year, which was the highest rate recorded in 12 years, according to Thai sugar producer Khon Kaen Sugar Industry Plc (KSL).
Singaporeans flock to Malaysia for bargains as dollar hits record high
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.
Opportunity knocks amid sweetener scares
Business, Lamonphet Apisitniran, Published on 05/08/2023
» Concerns over aspartame, an artificial sweetener, emerged recently when the World Health Organization revealed in July that it may be carcinogenic.
Asian shares advance as Fed pause lifts hopes
Business, Published on 17/06/2023
» RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.
Sugar cane decline to hit KSL production
Business, Lamonphet Apisitniran, Published on 16/06/2023
» Khon Kaen Sugar Industry Plc (KSL), Thailand's third-largest sugar producer by sales volume, expects sugar cane output for its factories to decrease by 10-15% to 5 million tonnes in the new 2023-24 crop year because of drought.
Asian shares fall as rate fears return
Business, Nuntawun Polkuamdee, Published on 08/10/2022
» RECAP: Asian markets fell yesterday as optimism that had fuelled earlier buying gave way to nervousness ahead of a US jobs report that could determine Federal Reserve rate hike plans.
Inflation fears continue to sap global sentiment
Business, Published on 02/07/2022
» Recap: Global shares were mixed yesterday as concerns over inflation, the global economic slowdown and the prolonged Russia-Ukraine war continue to weigh on investor sentiment.
War news and rate worries keep equities in check
Business, Published on 26/03/2022
» Recap: Global stocks headed for a second consecutive down week as investors tracked developments in Ukraine and assessed the economic risks from US Federal Reserve policy tightening to curb inflation.