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Search Result for “Southeast”

Showing 1 - 10 of 266

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INVESTMENT

Slowdown weighs on current account

Business, Nareerat Wiriyapong, Published on 16/05/2024

» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.

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GENERAL

CGSI targets top 3 brokerage spot

Business, Nareerat Wiriyapong, Published on 11/05/2024

» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.

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GENERAL

Delta lays out investment plans

Business, Nareerat Wiriyapong, Published on 13/03/2024

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.

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GENERAL

Influx seen boosting economy

Business, Nareerat Wiriyapong, Published on 27/02/2024

» Thailand's tourism upturn should get a boost from China's launch of measures to boost its economy, with more Chinese travellers expected to arrive in Thailand to drive the Thai economy to growth of at least 3% this year, analysts say.

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GENERAL

Gulf Binance aims to be market leader

Business, Nareerat Wiriyapong, Published on 16/02/2024

» Gulf Binance Co, a joint venture between the world's largest crypto exchange and SET-listed Gulf Energy Development, aims to become the top player in Thailand's thriving digital asset exchange market within two years.

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GENERAL

SJWD plans to spend B2.5bn on expanding network

Business, Nareerat Wiriyapong, Published on 06/02/2024

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), is set to invest nearly 2.5 billion baht to acquire shares of logistics companies in Thailand and Malaysia as it expands its logistics and supply chain business in Southeast Asia.

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GENERAL

The showdown over interest rates

Business, Nareerat Wiriyapong, Published on 11/01/2024

» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.

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GENERAL

Delta forecasts double-digit revenue uptick next year

Business, Nareerat Wiriyapong, Published on 22/12/2023

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, targets double-digit revenue growth next year thanks to its manufacturing expansion and product diversification.

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GENERAL

SET listing powers ANI's regional growth

Business, Nareerat Wiriyapong, Published on 16/12/2023

» With fresh funding mobilised from the Stock Exchange of Thailand, Asia Network International Plc (ANI) aims to expand its network of cargo general sales agents (GSAs) across Asia and beyond, partly through mergers and acquisitions.

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GENERAL

Funding Societies eyes strong growth

Business, Nareerat Wiriyapong, Published on 14/11/2023

» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.