Showing 61 - 70 of 2,534
Asian shares ease back on profit-taking
Business, Published on 22/06/2024
» RECAP: Asian shares ended the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the US dollar pushed the Japanese yen towards the intervention zone.
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.
EGG Digital rolls out latest deep analytics solution
Business, Komsan Tortermvasana, Published on 21/06/2024
» EGG Digital, a leading big data analytics and digital marketing consultancy, has launched its latest deep analytics solution to equip Thai businesses with a strategic marketing tool for planning, ensuring greater precision and effectiveness.
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Bank of Thailand governor warns against tweaking inflation target
Published on 18/06/2024
» Bank of Thailand Governor Sethaput Suthiwartnarueput on Tuesday warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic growth.
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
PM: New inflation target should increase rate-cut odds
Published on 13/06/2024
» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.
UOB Thailand appoints Mr Richard Maloney as its new Chief Executive Officer
Published on 11/06/2024
» UOB Thailand announced June 11, 2024, that Mr Richard Maloney has been appointed as its new Chief Executive Officer, effective 1 July 2024. He will succeed Mr Tan Choon Hin, who will relinquish the position after leading UOB Thailand since 2016. Mr Tan will return to Singapore and take on a new role as Deputy Head of Group Governance, Risk and Compliance. Ms Vira-Anong C Phutrakul will be appointed as Head, Wholesale Banking and Deputy CEO of UOB Thailand.
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.