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Search Result for “retail sales”

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INVESTMENT

Asian shares recover on hopes for policy support

Business, Published on 01/06/2024

» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.

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GENERAL

Minister unveils effort to shrink credit blacklist

Business, Wichit Chantanusornsiri, Published on 30/05/2024

» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.

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THAILAND

GFAI Launches AI Solutions and Innovations

Published on 29/05/2024

» Guardforce AI Co., Ltd. (GFAI), together with GFAI Robotic Innovation and Solution (Thailand) Co., Ltd., held an exclusive interview titled “GFAI LUNCH AND LEARN: NAVIGATING THE AI ERA” to launch AI Solution Software and three latest innovations: LinguaBot, Barism, and Wish Note. These innovations are designed to meet the needs of a variety of businesses efficiently. GFAI also revealed that the business has grown 50% in the first quarter compared to last year, along with emphasising trends in the use of robots and AI in business that continue to grow in the global market.

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INVESTMENT

Strong first quarter for listed companies

Business, Nareerat Wiriyapong, Published on 29/05/2024

» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.

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TECH

Intel plans to produce 100m AI-enabled PCs

Business, Suchit Leesa-nguansuk, Published on 29/05/2024

» Intel Corporation views artificial intelligence (AI) as a key driver for the burgeoning semiconductor industry, projected to be worth US$1 trillion by 2030, as the company plans to produce up to 100 million AI-enabled PCs by 2025.

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GENERAL

Providing a link to China for local firms

Business, Suchit Leesa-nguansuk, Published on 25/05/2024

» Digital marketer DigiLink Thailand, helmed by chief executive Phanavika Limpabandhu, has ambitions to become a partner of Thai entrepreneurs seeking to tap the vast Chinese market.

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INVESTMENT

Asian shares decline as US rate-cut hopes dim

Business, Published on 25/05/2024

» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.

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GENERAL

OR upbeat on prospects for rest of the year

Business, Yuthana Praiwan, Published on 24/05/2024

» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.

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GENERAL

Thai banks record 1.2% loan growth

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.

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GENERAL

Bangkok Land keen to develop 'smart' Muang Thong Thani

Business, Molpasorn Shoowong, Published on 23/05/2024

» SET-listed Bangkok Land wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable prices to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year.