Showing 21 - 30 of 2,623
Strong big-cap results help SET in turbulent July
Business, Published on 10/08/2024
» The Stock Exchange of Thailand underwent a significant mood swing in July, trading between 1,286.79 and 1,332.76 points. Early in the month, market uncertainty ratcheted higher as the share price of troubled Energy Absolute (EA) plunged.
Ratch adds solar farm in Philippines to its portfolio
Business, Yuthana Praiwan, Published on 07/08/2024
» SET-listed Ratch Group, the power generation subsidiary of the Electricity Generating Authority of Thailand, is expanding its renewable energy portfolio, with the latest addition being the 74-megawatt Calabanga solar farm in the Philippines, which recently commenced operations.
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.
MINT Announces 74% Net Profit Growth In 1H24
Published on 06/08/2024
» Minor International Public Company Limited (MINT) announced net profit of THB 3,969 million for the first half of 2024, a 74% increase from the same period in 2023. This robust profit growth builds on last year’s high net profit base and reflects the strength of MINT’s business model as well as the continued resilience of the global travel industry. MINT’s core profit for 1H24 (profit after excluding extraordinary items) saw a solid 22% y-y growth for 1H24.
Foreign investors set to increasingly focus on Asean, Thailand
Business, Somruedi Banchongduang, Published on 06/08/2024
» CIMB Thai (CIMBT) anticipates increased opportunities for foreign direct investment (FDI) in Thailand due to the global trend of relocating manufacturing bases amid heightened US-China trade tensions.
Look for strong earnings growth stories
Business, Published on 03/08/2024
» The Stock Exchange of Thailand exhibited a sideways trend during July, with the SET Index fluctuating within a narrow range of 1,286 to 1,330 points. Despite the limited upside, the index held above the prior low of 1,281.
Central Group secures future of iconic Berlin property
Post Reporters, Published on 02/08/2024
» Thailand's Central Group has completed the acquisition of the KaDeWe building on Tauentzienstraße, Berlin's most famous shopping street, as well as the assets of The KaDeWe Group, the operator of three luxury department stores – KaDeWe in Berlin, Oberpollinger in Munich and Alsterhaus in Hamburg.
High hopes for beefed up Vayupak Fund
Nuntawun Polkuamdee, Published on 29/07/2024
» A new fund is projected to start investing in the Stock Exchange of Thailand (SET) in the second half of 2024, boosting the index by about 90 points, says Bualuang Securities (BS).
World-lagging Thai stocks see investors moving money into regional rivals
Bloomberg News, Published on 27/07/2024
» For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unravelling, and not even cheap valuations can save the day.
New Major Development tie-ups target luxury housing
Business, Kanana Katharangsiporn, Published on 27/07/2024
» SET-listed developer Major Development (MJD) will form joint ventures with two additional Japanese partners in luxury residential projects to diversify risk and expand its portfolio of sites.