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BUSINESS

Seeking a balance

Asia focus, Erich Parpart, Published on 01/10/2018

» As returns in Australia, Hong Kong, Japan and New Zealand shrink in the face of high demand and increased restrictions, real-estate investors in Asia are looking for new places to go, with Malaysia and Thailand among their targets.

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BUSINESS

Talk of end to easy money keeps stocks subdued

Business, Published on 03/07/2017

» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.

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BUSINESS

NFC chairman calls for farming reform

Business, Wichit Chantanusornsiri, Published on 14/11/2016

» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.

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BUSINESS

SEC hurries to acquire blockchain trading advantage

Business, Nuntawun Polkuamdee, Published on 07/11/2016

» The Securities and Exchange Commission (SEC) is studying the possibility of issuing licences for blockchain-based securities trading as it seeks to encourage the local stock market to gain first-mover advantage in the new technology race.

BUSINESS

Weakness in europe keeps global equities subdued

Business, Published on 31/10/2016

» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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THAILAND

OAG offers to launch Klong Dan review

News, Post Reporters, Published on 16/05/2016

» The Office of the Auditor-General (OAG) has proposed filing a petition to the Supreme Administrative Court asking it to reconsider the Klong Dan wastewater treatment case in which the court ruled the government must pay almost 10 billion baht in compensation to the project contractor.

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BUSINESS

Global shares sink in bad case of China syndrome

Business, Published on 11/01/2016

» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.

BUSINESS

Asian markets await jobs data with bated breath

Business, Published on 05/10/2015

» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.