Showing 1-10 of 87 results
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Joined at the hip
Business, Post Reporters, Published on 22/01/2024
» The Thai tourism industry posted a disappointing result in terms of arrivals from China last year, recording only 3.5 million visitors, falling far short of the original goal of 5-7 million.
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K-Asset touts Indian stocks as economy surges
Nuntawun Polkuamdee, Published on 22/01/2024
» Investors are recommended to start accumulating Indian stocks for long-term investment as the country of more than 1.4 billion people is expected to become the world's third-largest economy in 2030, according to Kasikorn Asset Management (K-Asset).
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Economy in China is running low on fuel
Oped, Published on 28/12/2023
» Earlier this month, the ratings agency Moody's cut its outlook on China's sovereign credit rating to negative, citing risks from a deepening property crisis and a prolonged growth slowdown. In fact, Moody's now predicts that annual economic growth will fall to 4% in 2024 and 2025, before slowing further, to 3.8%, on average, for the rest of the decade. Potential growth will decline to 3.5% by 2030. A major driver of this slowdown will be "weaker demographics".
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China worries send Asian shares lower again
Business, Published on 19/08/2023
» RECAP: Shares in Asia continued to decline yesterday against the backdrop of worries about the Chinese economy and property sector and higher global interest rates.
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Political uncertainty taking toll on bourse
Business, Published on 23/05/2023
» After losing 3% last week, the Stock Exchange of Thailand (SET) index is likely to remain on a downward trend amid lingering concerns and fiscal uncertainties after the general election, analysts say.
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Making ESG ratings count for something
Oped, Published on 04/05/2023
» MSCI, one of the most influential gatekeepers of environmental, social, and governance ratings, is about to downgrade the ESG ratings of 31,000 investment funds in one fell swoop. The dramatic move comes after MSCI decided to update its methodology and require funds to meet higher standards for AA or AAA ratings. One would expect a move with such a potentially far-reaching impact on financial markets to be scrutinised in advance by regulators. Alas, ESG ratings providers (ERPs) have so far flown under the regulatory radar.
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Regional banks safe from US contagion
Business, Nareerat Wiriyapong, Published on 18/03/2023
» Asia-Pacific banks are resilient to risks related to the failures of their US peers, says Fitch Ratings, noting that regional banks have limited direct exposure to Silicon Valley Bank (SVB) and Signature Bank.
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A brief upturn in a punishing month for stocks
Business, Published on 25/06/2022
» Recap: Global stocks moved higher on Friday, heading for their first weekly gain in a month after fears of an economic recession, while inflation eased on declines in commodity prices.
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“Blue Finance” by Thai Union: Delectable Seafood with Sustainability
Published on 18/01/2022
» Established in 1977, Thai Union Group PCL began as a canned seafood manufacturer in Mahachai, Samut Sakorn. Today, Thai Union is a global seafood leader and one of the world’s largest canned tuna manufacturers, as seen by its $4.2 billion in revenue in 2020 and its 40,000-strong workforce committed to delivering sustainable seafood products to global markets.
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Thai Union 3Q21 sales growth benefits from ongoing business
Published on 09/11/2021
» • Continued 3Q21 sales growth of THB 35.5 billion, up by 2.2 percent year-on-year • High 3Q21 gross profit of THB 6.4 billion up by 1 percent year-on-year • Healthy 3Q21 net profit reported at THB 1.9 billion, down by 5.8 percent year-on-year
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