Showing 1 - 10 of 97
Exchange rates tipped for shaky 2021
Business, Pathom Sangwongwanich, Published on 08/01/2021
» Volatility and malleability are key themes for this year's foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand's surpluses in trade and current accounts, say economists.
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
CPF staves off pork problems with Q3 profit surge
Business, Pathom Sangwongwanich, Published on 15/11/2019
» SET-listed Charoen Pokphand Foods (CPF), the agro-industrial and food conglomerate, reported a 23% rise in third-quarter net profit despite lower sales revenue, thanks to a recovery in pork prices and improved overseas aquaculture business.
CP chief discusses automation
Business, Pathom Sangwongwanich, Published on 13/08/2019
» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.
TU reports lower profit, sales as strong baht stings
Business, Pathom Sangwongwanich, Published on 22/02/2019
» SET-listed Thai Union Group Plc (TU), the global seafood conglomerate, reported lower net profit and sales last year, struggling to rebound from a poor first-quarter result as the baht appreciated.
BoT: Baht climbs as greenback slips
Business, Pathom Sangwongwanich, Published on 24/01/2019
» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.
Osotspa IPO launch to lead 2018 in size
Business, Pathom Sangwongwanich, Published on 20/09/2018
» Century-old consumer goods conglomerate Osotspa Plc expects to launch an IPO early next month in a deal expected to be the largest corporate fundraiser this year.
Tisco sees B7bn foreign sell-off on tepid Q2 earnings
Business, Pathom Sangwongwanich, Published on 10/08/2018
» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.
World Bank sees growth let-up
Business, Pathom Sangwongwanich, Published on 07/06/2018
» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.
7-Eleven aims for regional omnipresence
Business, Pathom Sangwongwanich, Published on 23/04/2018
» With an ubiquitous domestic presence, the 7-Eleven convenience store chain is looking to expand its footprint in Asia-Pacific to carry out its regional growth vision, says Charoen Pokphand (CP) Group chief executive Suphachai Chearavanont.