Showing 1 - 10 of 45
Listed firms' profits up 9.7% in H1
Business, Nuntawun Polkuamdee, Published on 27/08/2024
» Net profits of listed companies on the Stock Exchange of Thailand surged 9.7% year-on-year in the first half of 2024 to 519 billion baht as sales grew 6.3% over the period to 8.96 trillion baht, buoyed by a significant recovery in tourism and rising oil prices.
Asian shares rally on upbeat US outlook
Business, Published on 17/08/2024
» RECAP: Asian stocks rallied on Friday as traders flocked back into risk assets after robust US jobs and retail sales data eased recession concerns.
Wall Street bounce helps lift Asian shares
Business, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Tisco recommends investors consider emerging markets
Business, Nuntawun Polkuamdee, Published on 16/07/2024
» Tisco Bank recommends investors opt for stocks in emerging markets (EMs), growth stocks and global bonds to increase their returns in the second half of this year, when global interest rates are expected to decline and the economy recovers.
Asian shares on track for fifth month of gains
Business, Published on 29/06/2024
» RECAP: Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling US inflation could prompt the Federal Reserve to ease interest rates this year, while the yen tumbled to a 38-year low against the dollar.
Thai stocks hit by stubbornly high rates
Business, Nuntawun Polkuamdee, Published on 07/06/2024
» The expectation that US interest rates will remain "high for longer" continues to pressure stock investments globally, with funds flowing out of emerging markets including Thailand, according to the Stock Exchange of Thailand (SET).
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Strong first quarter for listed companies
Business, Nareerat Wiriyapong, Published on 29/05/2024
» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.