Showing 11 - 20 of 110
New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
Coalition talks spook markets amid split over LM
Bloomberg News, Published on 19/05/2023
» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.
Tycoon’s property unit to boost spending on tourism boom
Bloomberg News, Published on 16/05/2023
» The property and hotel development unit of Thailand’s richest man plans to more than double spending for acquisitions and development of hotel resorts and commercial properties this year as tourism booms.
Stocks move sideways as foreigners unload on rate outlook
Bloomberg News, Published on 09/02/2023
» A rally in Thai equities that sent the benchmark SET Index to a fourth straight monthly gain in January is losing steam as foreign investors pulled out money for eight straight days, the longest stretch of withdrawals in more than seven months.
JPMorgan expects more IPOs, takeovers as baht gains
Bloomberg News, Published on 24/01/2023
» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
Thai stocks are top pick in Asean on tourism outlook: JPMorgan
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
Best passports for travellers to hold in 2023
Bloomberg News, Published on 11/01/2023
» SINGAPORE: Japan starts 2023 with the world’s most powerful passport, allowing visa-free entry to 193 global destinations, according to the latest Henley Passport Index, which the country tops for the fifth consecutive year.
Asian factories still under pressure as demand slows
Bloomberg News, Published on 03/01/2023
» SINGAPORE: Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand.
Osaka plans for its casino debut
Bloomberg News, Published on 08/12/2022
» LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.
Vietnamese EV maker VinFast files for US IPO
Bloomberg News, Published on 07/12/2022
» HANOI: VinFast, an electric carmaker backed by Vietnam’s richest man trying to take on Elon Musk’s Tesla Inc, has filed for an initial public offering in the United States just as it prepares to deliver its first sport utility vehicles (SUVs) to California customers later this month.