Showing 1 - 10 of 15,241
Hong Kong leads Asian shares higher
Business, Published on 05/10/2024
» RECAP: Hong Kong stocks led gains among most Asian equities yesterday, but Japanese stocks posted a weekly decline as new Prime Minister Shigeru Ishiba's seemingly shifting stance on interest rates unsettled investors.
Focus on domestic plays amid global turmoil
Business, Published on 05/10/2024
» The SET index rebounded from its monthly low of 1,352 points in September, reaching a 10-month high of 1,471 by the end of the month. The breakthrough above 1,430, which has been a key resistance level since November 2023, indicates a positive trend.
EU to impose tariffs up to 45% on EVs from China
Bloomberg News, Published on 04/10/2024
» LONDON - The European Union (EU) voted on Friday to impose tariffs as high as 45% on electric vehicles (EVs) from China in a move set to increase trade tensions with Beijing, according to people familiar with the process.
Lighthub, WeLab duo commit to investment
Business, Komsan Tortermvasana, Published on 04/10/2024
» The consortium of Lighthub Asset and WeLab is committed to investing US$500 million over five years, as required by the Bank of Thailand to receive a virtual banking licence.
Central bank introduces open banking data initiative
Business, Published on 04/10/2024
» The Bank of Thailand launched an open data initiative on Thursday for the financial system, allowing Thais to share their personal data with financial institutions in order to improve their access to financial services.
Probe starts into Transport Ministry bribery exposed by US
Post Reporters, Published on 03/10/2024
» Transport Minister Suriya Jungrungreangkit has set up a committee to investigate bribery of two ministry departments by the local unit of the multinational construction equipment firm Deere, as detailed in a case in the United States.
Analysts see data centre investment revving up
Business, Nareerat Wiriyapong, Published on 03/10/2024
» New data centre investments in Thailand could accelerate over the next 3-5 years as global data usage is surging, with the electronics, industrial estate, contractor, and power plant sectors set to be the major beneficiaries, say analysts.
Stimulus packages need paradigm shift
Oped, Chartchai Parasuk, Published on 03/10/2024
» Ever wonder why Thailand's economic growth is consistently lower than its peers? Even with a flood of foreign tourists of 28.1 million (154.4% growth) in 2023, our GDP growth was 1.9% compared to 5.5% in the Philippines, 5% in both Indonesia and Vietnam, and 3.7% in Malaysia. The growth figure for the first half of this year of 1.9% is far worse than many of our Asean friends.
New IMF debt deal needs a rejig
Oped, Published on 03/10/2024
» Ranil Wickremesinghe, Sri Lanka's president, recently lost his re-election bid after voters overwhelmingly rejected the debt-restructuring deals he negotiated with the International Monetary Fund (IMF) and other creditors. Instead, Sri Lankans elected Anura Kumara Dissanayake, leader of the left-wing National People's Power (NPP) alliance and a vocal critic of IMF-imposed austerity measures, who has vowed to renegotiate the country's agreement with the fund.
New SET president aims to build trust
Business, Nuntawun Polkuamdee, Published on 03/10/2024
» The Stock Exchange of Thailand (SET) has set a long-term goal to become a listing hub for the country's flagship businesses in healthcare, agriculture and food, while also attracting foreign companies to float shares on the bourse, according to the new president.