Showing 1 - 10 of 56
Asian shares advance on tech rally, rate optimism
Business, Published on 14/09/2024
» RECAP: Most Asian equity markets advanced on Friday, following a tech rally on Wall Street, while US economic data sustained expectations that the Federal Reserve would start cutting interest rates next week.
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
Tourism bucks northern Thailand's Q2 economic decline
Panumate Tanraksa, Published on 01/09/2024
» CHIANG MAI: The economy in northern Thailand slowed in the second quarter, marking a slight decrease from Q1 due to the high cost of living and lack of economic stimulus programmes, said Pornvipa Tangcharoenmonkong, the Northern Office director of the Bank of Thailand (BoT).
Nippon Steel units seeking BoI support
Business, Post Reporters, Published on 30/08/2024
» Thai steel manufacturers G Steel and GJ Steel are seeking investment incentives from the Board of Investment (BoI) to support a development worth 4.5 billion baht that aims to address the pressing challenges faced in the local steel market while producing fewer carbon dioxide emissions.
Digital handout delay could spark rate cut
Business, Published on 28/08/2024
» The Bank of Thailand could be prompted to cut the policy rate sooner than expected if the new government decides to delay the implementation of the digital wallet policy from the fourth quarter of this year, causing a severe drag on the Thai economy, say analysts.
Traders on sidelines awaiting signals from Fed chief
Business, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
Ratanarak Group increasing its shareholding in Siam City Cement
Published on 19/08/2024
» Today, the largest shareholder in Siam City Cement, the Ratanarak Group, has acquired an additional stake of 25.54% from Jardine Cycle and Carriage Ltd, increasing its combined shareholding to approximately 71.88%. This acquisition will be followed by a mandatory tender offer available to all remaining minority shareholders. Regardless of the outcome of the mandatory tender offer, it is understood that Siam City Cement will remain a public company listed on the Stock Exchange of Thailand in compliance with applicable listing requirements. The Ratanarak Group, the founders of Siam City Cement back in 1969, will after this acquisition be the sole major and controlling shareholder.
Talks aim to tackle Chinese lorries in Thailand
Phusadee Arunmas, Published on 19/08/2024
» The Commerce Ministry is preparing to hold discussions with logistics service providers concerning the impact of nominees from China on the transportation sector.
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
UOB helps push towards low carbon economy
Business, Published on 06/08/2024
» Large corporations in Thailand have made clear progress towards reducing their carbon footprint in support of the nation's efforts towards a low carbon economy.