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Makro explores new wholesale frontier in India
Asia focus, Erich Parpart, Published on 19/02/2018
» Bangkok-based Siam Makro, part of US$50-billion Charoen Pokphand (CP) Group, has entered the cash-and-carry wholesale business in India with the launch of LOTS Wholesale Solutions, believing that this huge new market will one day surpass its business at home.
Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.