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GENERAL

SET bullish on Q4 because of Vayupak Fund

Business, Nuntawun Polkuamdee, Published on 11/10/2024

» Thai stocks could continue to rise in the fourth quarter given gradual investment in the state-run Vayupak Fund and various tax-saving Thai ESG funds that are expected to draw investments towards the year-end, says the Stock Exchange of Thailand (SET).

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PROPERTY

Condo sales surge around hospital

Business, Kanana Katharangsiporn, Published on 10/10/2024

» The sales rate for condos in locations near Siriraj Hospital was robust at 77% in the first half of 2024, driven by limited land availability and strong demand from medical staff and students.

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OPINION

Fujimori's Peru and the price of neoliberal success

Oped, Published on 10/10/2024

» The script of Latin American politics too often reads like a "dictator novel," and on Sept 11, another chapter drew to a close with the death of Alberto Fujimori. As the president who most defined -- and divided -- modern Peru, his legacy remains a topic of heated debate. One version of Fujimori's epitaph would commend his economics and condemn his politics, but the deeper lesson his life story offers may be that it is impossible to separate the two.

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GENERAL

CPN chief among Fortune's female elite

Business, Published on 10/10/2024

» Wallaya Chirathivat, the first female chief executive of Central Pattana Plc (CPN) -- Thailand's leading retail and property development company -- has been named one of Fortune's 100 most powerful women in Asia.

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GENERAL

Pundits advocate stability at Bank of Thailand

Business, Post Reporters, Published on 09/10/2024

» Economists and leading executives are calling on the new Bank of Thailand (BoT) board chairman to maintain stability of the financial system and ensure the country can tackle its economic challenges.

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PROPERTY

Vimarn unfazed by rising rates

Kanana Katharangsiporn, Published on 09/10/2024

» Vimarn Suriya Co, the developer of the luxury mixed-use Dusit Central Park project, is not concerned by rising interest rates and the strong baht, as its branded residential project primarily targets affluent Thai buyers.

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GENERAL

Saudis partner with Central in UK retailer Selfridges

Published on 08/10/2024

» Saudi Arabia’s Public Investment Fund (PIF) is set to become a minority partner in the UK department-store chain Selfridges, controlled by Thailand’s Central Group, after buying out the position of the insolvent Signa Group.

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PROPERTY

House prices having less impact than mortgage woes

Business, Kanana Katharangsiporn, Published on 08/10/2024

» The increase in house prices, driven by rising construction costs, has had a significantly lower impact on prospective homebuyers compared to the difficulty people face in securing mortgage loans, according to property associations.

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THAILAND

MBK Center Hosts 15th Blood, Organ, and Eye Donation Event

Published on 07/10/2024

» MBK Center recently hosted its 15th "One Person Gives, Many Receive" donation event in collaboration with the National Blood Centre of the Thai Red Cross Society. Held on the 4th floor, Zone D, the event saw a tremendous turnout from MBK employees, store owners, and customers, all eager to contribute to life-saving causes. A total of 144 units of blood were collected, and 58 participants pledged to donate their eyes, organs, and bodies, highlighting the community's commitment to making a meaningful impact through this quarterly initiative.

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GENERAL

Thai Airways pitches new plan for growth

Published on 07/10/2024

» Thai Airways International (THAI) is looking to spin off some of its business units into subsidiaries to keep the company growing.