Search Result for “exchange”

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Typhoon Gaemi forces Philippines, Taiwan to halt work

Published on 24/07/2024

» MANILA/YILAN: Typhoon Gaemi and a southwest monsoon brought heavy rain on Wednesday to the Philippine capital region and northern provinces, prompting authorities to halt work and classes, while stock and foreign exchange trading were suspended.


EA reschedules bills of exchange payment

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.


Ministry to divest from 25 companies

Business, Wichit Chantanusornsiri, Published on 24/07/2024

» The State Enterprise Policy Office (Sepo) looks set to divest Finance Ministry shares in 25 non-listed firms, with a total estimated value of 20 billion baht.


Rebooting the Asean Regional Forum

Oped, Kavi Chongkittavorn, Published on 23/07/2024

» When Asean foreign ministers met in Singapore in 1994, they all concurred that dialogue and consultations on political and security issues among major powers and Asean members would be essential in preserving peace and stability in the Asean region. A year later, the Asean Regional Forum (ARF) held its inaugural meeting, which took place in Bangkok and had 18 members, including the Asean 10.



Deal on tollway fare ‘poorly thought out’

Post Reporters, Published on 23/07/2024

» The Democrat Party has voiced strong opposition to Transport Minister Suriya Jungrungreangkit’s proposal to grant a 30-year extension to the operator of the Don Muang Tollway in exchange for a fare reduction to 50 baht.



Thai ESG Fund expected to receive cabinet green light on Tuesday

Business, Nareerat Wiriyapong, Published on 23/07/2024

» The cabinet is expected to endorse the new Thai ESG Fund on Tuesday, with analysts hoping the revised conditions of the environmental, social and governance (ESG) focused fund will boost trading on the Stock Exchange of Thailand (SET) by 40-50 billion baht a year.



Profits of 10 listed banks for H1 rise 3.7% to B126.4bn

Somruedi Banchongduang, Published on 23/07/2024

» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.



ANA preserves load factor on Thailand-Japan routes

Business, Molpasorn Shoowong, Published on 22/07/2024

» Despite a weak yen, Japanese carrier ANA has maintained the load factor on Thailand-Japan routes at the same robust level as 2019, with more of its passengers being Thai tourists as well as long-haul travellers transiting in Japan.



Scandal stalks stocks

Published on 22/07/2024

» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.


KPS prepping three new surgery centres

Business, Kuakul Mornkum, Published on 22/07/2024

» Kasemrad Plastic Surgery (KPS), a subsidiary of the SET-listed Bangkok Chain Hospital Plc (BCH), believes the Thai cosmetic surgery market is still growing and plans to launch three new surgery centres in 2025.