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BUSINESS

BMA mulls transferring new rail lines

Supoj Wancharoen, Published on 02/08/2022

» Bangkok governor Chadchart Sittipunt now wants to transfer two new electric rail projects to the Mass Rapid Transit Authority of Thailand (MRTA), while City Hall is still struggling to clear up problems surrounding the Green Line’s concessions.

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BUSINESS

Investors cheer central banks, Jasmine buoys set

Business, Published on 26/09/2016

» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

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BUSINESS

Oil rout, China weakness-keep-stocks-on-back-foot

Business, Published on 18/01/2016

» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.