Showing 1 - 10 of 8,091
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
All eyes on the new government
Business, Published on 08/07/2023
» We believe domestic politics will dominate the SET index direction in July as the new government takes shape, with the first vote to select the prime minister just days away.
Chinese tech firms handed massive fines
Published on 07/07/2023
» BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.
Chinese students a bonanza for listed international school
Published on 06/07/2023
» The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only SET-listed school operator and turned its chief executive officer into a multimillionaire.
Private sector lauds speaker choice
Business, Phusadee Arunmas, Published on 05/07/2023
» Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.
Minor to acquire rights to Sizzler
Business, Pitsinee Jitpleecheep, Published on 28/06/2023
» Minor International Plc (Mint), an operator in the hospitality, restaurant and lifestyle sector, on Tuesday announced it would acquire a 100% stake in Singco Trading Pte, the intellectual property holder of the restaurant brand Sizzler, except in the US, Guatemala and Puerto Rico.
Thai stock index remains low amid foreign sell-off
Business, Nareerat Wiriyapong, Published on 24/06/2023
» The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.