Showing 1 - 10 of 10
Fair auction to determine fate of Thaicom satellites
Business, Komsan Tortermvasana, Published on 14/05/2021
» The Digital Economy and Society (DES) Ministry says a fair auction will be held to determine the operator of Thaicom's 4 and 6 satellites, which are scheduled to be handed over to National Telecom (NT) after SET-listed Thaicom's concession ends in September.
Putting society up front at the DES Ministry
Business, Komsan Tortermvasana, Published on 09/11/2019
» Without an entrenched tech background, Buddhipongse Punnakanta acknowledges that he had to study hard and learn vigorously from various experts before assuming the role of digital economy and society (DES) minister in July.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
Asian shares rise but 4G cost concerns hit set
Business, Published on 28/12/2015
» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.
Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
Uttama urges TOT, CAT reform
Business, Komsan Tortermvasana, Published on 12/10/2015
» The two telecom state enterprises must seriously reform themselves into a network sharing provider by aggregating telecom assets and developing an infrastructure pool to generate a new revenue stream after the end of the concession era, says the ICT Minister.
Mers and air safety concerns push down SET
Business, Published on 22/06/2015
» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.
China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
The power brokers
Business, Post Reporters, Published on 01/09/2014
» SPECIAL REPORT: Prime Minister Prayuth Chan-Ocha's new economic team faces urgent tasks, write Post reporters