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GENERAL

Big Tech sell-off takes toll on Asian equities

Business, Published on 27/07/2024

» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.

GENERAL

Prepare for a rough ride

Business, Published on 27/07/2024

» As we approach the midpoint of the third quarter, the economic and financial market picture is becoming clearer. First, the US Federal Reserve is likely to cut interest rates soon. Second, the US presidential race is likely to intensify. And third, China's economic slowdown is decelerating, implying the need for more stimulus. But the signals from the Beijing government have been to focus more on quality growth than quantity.

THAILAND

Groups demand urgent action on 'alien fish' saga

News, Apinya Wipatayotin, Published on 27/07/2024

» Civil society groups are demanding the government immediately find out who is responsible for the spread of blackchin tilapia, an invasive species of fish that has caused havoc with local species.

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THAILAND

Man rescued from abusive employers

Published on 26/07/2024

» NAKHON RATCHASIMA - A man has been rescued and taken to hospital after spending the past two years being assaulted and tortured by his employers — a husband and wife — because he could not achieve their sales targets.

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GENERAL

Finance Ministry raises GDP growth expectations

Published on 26/07/2024

» Thailand's economy is expected to grow 2.7% in 2024, the Ministry of Finance said on Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.

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THAILAND

Srettha, MFP face reckoning

News, Published on 26/07/2024

» The political temperature is expected to rise next month as the Constitutional Court will rule on two high-profile cases that will decide the fate of the main opposition Move Forward Party (MFP) and Prime Minister Srettha Thavisin.

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GENERAL

Central Group rolls out QR code payments for tourists

Business, Published on 26/07/2024

» The Central Group of companies, including Central Retail Corporation, Central Pattana, and Centara Hotels and Resorts, have partnered with the Bank of Thailand and six leading commercial banks to provide a cross-border QR payment service for tourists.

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GENERAL

SCGD looks to Asean to boost revenue by 10%

Business, Lamonphet Apisitniran, Published on 25/07/2024

» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.

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GENERAL

Surge in Indian, Taiwanese arrivals expected

Business, Molpasorn Shoowong, Published on 25/07/2024

» Taiwanese and Indian arrivals in Thailand are set to reach a new high this year, thanks to the visa-free policy.

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GENERAL

Digital wallet details fail to rally SET

Business, Nareerat Wiriyapong, Published on 25/07/2024

» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.