Showing 1 - 10 of 90
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
SET devises plan for foreign firms, family businesses
Business, Published on 06/06/2024
» The Stock Exchange of Thailand (SET) has developed a strategic business plan to attract foreign industries with operations in Thailand as well as family businesses to list on the Thai bourse, aiming to prop up market capitalisation.
Economy in need of revival
Business, Published on 03/06/2024
» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.
KBank stays bullish on corporate loans
Business, Somruedi Banchongduang, Published on 28/05/2024
» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.
Finance Ministry to optimise portfolio
Business, Nuntawun Polkuamdee, Published on 27/05/2024
» The Finance Ministry wants to review its shareholdings in stocks, aiming to adjust its asset portfolio and sell some shares to build up state coffers.
Asset managers post mixed results
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
Aberdeen anticipates stock market recovery in second half
Business, Nuntawun Polkuamdee, Published on 16/05/2024
» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.
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.
Bitcoin slumps as Fed vows to keep rates steady longer
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Bitcoin tumbled to a two-month low of around US$57,000 after Federal Reserve chairman Jerome Powell remarked that interest rates are likely to stay higher for longer as the central bank tries to stamp out stubborn inflation.
Calculating the cost of war
Business, Published on 29/04/2024
» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.