Showing 51 - 60 of 2,483
Asian stocks advance on hopeful rate outlook
Business, Published on 09/03/2024
» RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.
Consumer confidence still rising
Business, Phusadee Arunmas, Published on 08/03/2024
» Thai consumer confidence rose in February, reaching its highest level in 48 months as government stimulus measures and a rebound in tourism revitalised economic activities, according to a survey released yesterday.
SCB predicts flat growth for SME, retail segments
Business, Somruedi Banchongduang, Published on 07/03/2024
» Siam Commercial Bank (SCB), the banking business unit under SCB X Plc, expects no growth in small and medium-sized enterprise (SME) and retail loans this year, citing the fragile financial conditions of these two customer segments.
World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
World Bank says Thai interest rates appropriate
Published on 06/03/2024
» Thailand’s interest rate levels are appropriate for current conditions and are neutral, the World Bank said on Wednesday.
Why is China's economic performance stalling?
Oped, Published on 06/03/2024
» It has been a year since China relaxed the zero-Covid measures that had been stifling economic activity, but the country has yet to experience the rebound that policymakers and pundits anticipated. Instead, economic indicators from the past year have painted a disheartening picture.
CPN posts substantial uptick for 2023 reported results
Business, Published on 02/03/2024
» Retail and property developer Central Pattana Plc (CPN) reported net profit of 15.1 billion baht in 2023 on total revenue of 46.8 billion, increases of 40% and 26% year-on-year, respectively.
Favourable US inflation report cheers investors
Published on 02/03/2024
» RECAP: Most Asian equity markets advanced yesterday, led by Japan, as US stocks reached fresh highs after the Federal Reserve's preferred inflation indicator met consensus forecasts.
Use cases studied for open data
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand expects initial use cases under its open banking policy to be implemented next year, aiming to provide consumers with better access to financial services.
SCB acquires 100% of Vietnamese lender
Published on 28/02/2024
» Siam Commercial Bank confirmed on Wednesday that it has reached an agreement to acquire 100% of the shares in the consumer finance lender Home Credit Vietnam in a deal worth 31 billion baht.