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BUSINESS

NFC chairman calls for farming reform

Business, Wichit Chantanusornsiri, Published on 14/11/2016

» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.

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THAILAND

Farmers' leader accuses traders, thanks govt

Published on 02/11/2016

» A farmers' leader has welcomed the government's move to foil rice traders he says conspired to keep paddy prices low in expectation of making a big profit later.

BUSINESS

Weakness in europe keeps global equities subdued

Business, Published on 31/10/2016

» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

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BUSINESS

Investors cheer central banks, Jasmine buoys set

Business, Published on 26/09/2016

» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

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BUSINESS

SEC seeks reform for SET board

Business, Published on 26/08/2016

» The Securities and Exchange Commission (SEC) has sought the Finance Ministry's permission to increase the number of board seats on the Stock Exchange of Thailand (SET) to six from five as part of the stock exchange reform.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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BUSINESS

Global shares sink in bad case of China syndrome

Business, Published on 11/01/2016

» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.

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THAILAND

IMF backs fiscal plan

Business, Pathom Sangwongwanich, Published on 08/12/2015

» The government's infrastructure investment plans are not expected to pose a threat to Thailand's fiscal health, as authorities have taken several steps to uphold financial discipline, says the International Monetary Fund (IMF).