Showing 1 - 10 of 12,210
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Demand for private jets on the rise
Business, Molpasorn Shoowong, Published on 27/07/2024
» The business jet market in Asia has become more diverse without any significant domination by China, thanks to growing numbers of clients across the region who are opting for private aircraft to enhance their operations, according to Dassault Aviation.
Bangladesh's youth uprising has Arab Spring echoes
News, Published on 27/07/2024
» In recent weeks, the Bangladeshi government has cracked down violently on students demanding equitable access to coveted government jobs amid an unemployment crisis. To contain the protests, authorities have shut down all educational institutions, imposed a strict curfew, and cut off internet access. Thousands of police officers and paramilitaries have been patrolling the streets, and more than 170 people have died.
Prepare for a rough ride
Business, Published on 27/07/2024
» As we approach the midpoint of the third quarter, the economic and financial market picture is becoming clearer. First, the US Federal Reserve is likely to cut interest rates soon. Second, the US presidential race is likely to intensify. And third, China's economic slowdown is decelerating, implying the need for more stimulus. But the signals from the Beijing government have been to focus more on quality growth than quantity.
Finance Ministry raises GDP growth expectations
Published on 26/07/2024
» Thailand's economy is expected to grow 2.7% in 2024, the Ministry of Finance said on Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.
EXIM Thailand Launches First THB Blue Bond
Published on 26/07/2024
» Dr. Paopoom Rojanasakul, Deputy Minister of Finance, congratulated Mr. Bundit Sapianchai, Chairman of the Board of Executive Directors, Export-Import Bank of Thailand (EXIM Thailand); Dr. Warotai Kosolpisitkul, Chairman of EXIM Thailand’s Risk Oversight Committee; and Dr. Rak Vorrakitpokatorn, EXIM Thailand’s President; along with Mr. Kenichi Yamato, President and Chief Executive Officer of Bank of Ayudhya Public Company Limited (BAY); Ms. Paphakorn Ratanasate, Senior Executive Vice President, Investment and Financial Management Group, Government Savings Bank (GSB); Mr. Kosintr Puongsophol, Financial Sector Specialist, Economic Research and Regional Cooperation Department, Asian Development Bank (ADB); and representatives of investors and customers of EXIM Thailand at a press conference to announce the notable success of EXIM Thailand’s issue and offering of a Blue Bond, with BAY and GSB as lead underwriters at EXIM Thailand’s Head Office on July 26, 2024.
Govt Savings Bank soft loan programme attracts strong demand
Business, Wichit Chantanusornsiri, Published on 26/07/2024
» A soft loan scheme administered by the Government Savings Bank (GSB) has initially attracted demand tallying 70-80 billion baht out of the 100 billion-baht total, according to Finance Minister Pichai Chunhavajira.
Thailand cuts car manufacturing target to 1.7m in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.
Price index of vacant land dips in Q2
Kanana Katharangsiporn, Published on 26/07/2024
» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.
Household debt pressures growth
Business, Nuntawun Polkuamdee, Published on 26/07/2024
» The high level of household debt has continued to pressure economic growth and is holding back investors' decision on whether or not to invest more, a recent survey conducted by the Association of Investment Management Companies (AIMC) has found.