Showing 1 - 10 of 20
Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
Nok Air: Six months liquidity remaining
Business, Dusida Worrachaddejchai, Published on 16/01/2021
» Nok Air estimates it can sustain its business for another six months, although the uncertain market outlook makes predictions difficult.
Seven airlines to seek bailout to survive
News, Published on 29/03/2020
» Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can pay their employees while their services are suspended.
Nok Air 'upgrades' fleet range
Business, Boonsong Kositchotethana, Published on 19/10/2017
» Nok Air has secured an agreement from Boeing to upgrade the flying range of some of its Boeing 737-800s to allow it to operate over a longer distance.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Crowded skies leave airlines bustling
Business, Boonsong Kositchotethana, Published on 12/05/2017
» Thailand's domestic air traffic market has nearly reached saturation point, with very little room left for further expansion by airlines, according to the industry.
Equities wobble, Oil and gold slump as fed move draws near
Business, Published on 13/03/2017
» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.
Nok Air shedding costs, aircraft capacity
Business, Boonsong Kositchotethana, Published on 07/03/2017
» Nok Air is embarking on a business recovery plan, but the struggling budget airline's boss says it's a non-starter to expect the company to find its way out of deep financial woes anytime soon.
Zero-tour clampdown hits Nok Air China plan
Business, Boonsong Kositchotethana, Published on 17/11/2016
» Nok Air is decelerating its expansion into China, apparently due to the impact of the crackdown on "zero dollar" inbound tours.