Showing 11 - 20 of 3,556
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Malaysia's economy grows annual 4.2% in Q1 on export rebound
Published on 17/05/2024
» KUALA LUMPUR - Malaysia's economy expanded 4.2% in the first quarter of 2024 from a year earlier, beating market expectations on higher household spending and a turnaround in exports, government and central bank data showed on Friday.
Aberdeen anticipates stock market recovery in second half
Business, Nuntawun Polkuamdee, Published on 16/05/2024
» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.
Bangkok occupancy rates bounce back in Q1
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Hotel occupancy rates in Bangkok during the first quarter of 2024 bounced back close to pre-pandemic levels, primarily fuelled by an influx of Mice (meetings, incentives, conferences and exhibitions) travellers.
Platinum Invites You to Show “Fresh Idea” with “Fresh Fashion”
Published on 13/05/2024
» Mrs. Suthita Bhirombhakdi, Executive Vice President of The Platinum Group Public Company Limited, stated that, as ASEAN’s leading fashion shopping centre for wholesale and retail, Platinum Fashion Mall offers fashion products that are always fresh and up to date, winning the hearts of both Thai and foreign customers for a long time. At the end of 2023, the “Platinum PROUD” campaign was launched to celebrate the 18th anniversary, emphasising the brand refresh under the concept of “Platinum Bringing Fresh Fashion to You” through viral videos on social media channels. The campaign has received positive feedback, with many influencers, KOLs, and shoppers showing interest in using the service, creating looks, and sharing their fun shopping experiences.
UOB slashes GDP growth to 2.4%
Business, Nareerat Wiriyapong, Published on 09/05/2024
» Singapore-based United Overseas Bank (UOB) is preparing to downgrade Thailand's GDP growth forecast this year to 2.4% from 2.8%, though it expects the Bank of Thailand to trim interest rates twice to 2% by year-end to prop up the economy.
Srettha defends wage hike plan as businesses voice concern
Published on 07/05/2024
» Prime Minister Srettha Thavisin on Tuesday defended his plan to introduce a nationwide daily minimum wage of 400 baht (US$10.88) as a necessary move for the economy, as business groups voiced concerns about the impact of higher wage costs.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
K-Asset favours diversification to reduce risk
Nuntawun Polkuamdee, Published on 06/05/2024
» Kasikorn Asset Management (K-Asset) expects the Thai stock market to fall in the second quarter as US inflation and interest rates slowly decrease, recommending investors diversify their risk by investing in the US and Indian stock markets.
How elections bring about a cycle of devaluation
Oped, Jeffrey Frankel, Published on 01/05/2024
» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.