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BUSINESS

Thanathorn to hand over reins

Business, Published on 30/03/2018

» Thanathorn Juangroongruangkit will in all likelihood hand the leadership of auto parts maker Thai Summit to his younger brother Sakulthorn, as the 39-year-old billionaire moves into the political sphere.

BUSINESS

Investors heartened by signals from Fed

Business, Published on 31/07/2017

» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.

BUSINESS

Anxiety over Syria, North Korea keeps lid on stocks

Business, Published on 18/04/2017

» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.

BUSINESS

Stocks move upward as us rate-hike concerns ease

Business, Published on 11/07/2016

» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.

BUSINESS

High costs and weak economy deter adoption

Asia focus, Nareerat Wiriyapong, Published on 26/10/2015

» Driven by a growing shortage of workers and increased wages, Thai businesses have eagerly embraced automation to cut costs and improve productivity, but more government incentives would help to accelerate such development, executives say.

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BUSINESS

Key challenges for 2015

Business, Post Reporters, Published on 05/01/2015

» Thais are hopeful that the Year of the Goat will be an easier and more prosperous one than the rough and bumpy Year of the Horse. 

BUSINESS

Asian shares slip after week's rallies

AFP, Published on 13/02/2014

» HONG KONG - Asian shares fell on profit-taking Thursday following four strong sessions as a rally on Wall Street fizzled out, but Sydney pared earlier losses caused by data showing Australian unemployment at a 10-year high.