Showing 1 - 10 of 5,070
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
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Published on 14/07/2023
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BCPG acquires two US power plants
Yuthana Praiwan, Published on 13/07/2023
» SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation, has completed the purchase of two more gas-fired power plants in Pennsylvania for 8.9 billion baht as it continues to increase electricity generation capacity in the US.
TAT upbeat on obtaining full budget in 2024
Business, Molpasorn Shoowong, Published on 12/07/2023
» The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.
Airlines push Pita to help reduce expenses
Business, Narumon Kasemsuk, Published on 12/07/2023
» Airlines are urging the new government to relieve the huge burden from exaggerated operational costs, which is 15-20% higher than in other countries, attributed largely to taxes on fuel, revenue and importing aircraft, saying this issue should be fixed within the first 100 days.
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
High potential for rice exports in H2
Business, Phusadee Arunmas, Published on 11/07/2023
» Thailand could ship up to 9 million tonnes of rice this year because of a surge in demand, driven by concerns over the potential impact of the El Niño weather phenomenon.
Trade takes another hit
Business, Published on 10/07/2023
» The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.
SCB X says virtual bank will meet BoT's requirements
Business, Somruedi Banchongduang, Published on 08/07/2023
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.
Asian shares fall as rate-hike bets increase
Business, Published on 08/07/2023
» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.