Showing 1 - 10 of 1,264
Caution urged on foreign pawning
Business, Nuntawun Polkuamdee, Published on 25/09/2024
» Stock market regulators are warning executives and major shareholders of listed companies to be careful about pawning their shares to foreign funds, saying it could results in losses and damage market confidence.
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
Central bank urged to reduce interest rates
Business, Phusadee Arunmas, Published on 17/09/2024
» The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.
Teka changes tack as condos dwindle
Business, Kanana Katharangsiporn, Published on 23/08/2024
» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
ARI-AMC to handle B30bn in bad loans
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» ARI-AMC, a joint venture between Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM), looks set to transfer non-performing loans (NPLs) from the bank worth 30 billion baht for management.
Thai Union Group's Q2 profits rise 14.2%
Business, Published on 09/08/2024
» Thai Union Group Plc posted a net profit of 1.2 billon baht in the second quarter this year, rising 14.2% year-on-year.
Thai Union's Q2 Profit Surges 14.2% to THB 1.2 Billion
Published on 08/08/2024
» Thai Union Group PCL reported a second-quarter net profit of THB 1.2 billion, a 14.2 percent year-on-year increase led by a sustained recovery in the Ambient, PetCare, and Value-added categories.
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
PTTEP Reports Strong H1 Performance and Dividend Payout
Published on 06/08/2024
» PTTEP announced its operational performance and key achievements for the first half of 2024, highlighting its strategic investment expansion in the Middle East to increase the company’s petroleum proved reserves. The Board of Directors has approved an interim dividend payment of THB 4.50 per share, while the company contributed over THB 30,170 million in royalties and tax to support national development.