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Search Result for “New York City”

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BUSINESS

Gold prices sag as Chinese New Year starts

Business, Nareerat Wiriyapong, Published on 18/02/2026

» Gold prices typically rise during Lunar New Year as demand for the precious metal strengthens during this auspicious season.

BUSINESS

Selected shares slip over fears of arrivals dip

Business, Nareerat Wiriyapong, Published on 14/01/2025

» Shares of Airports of Thailand (AOT), hotels and airlines plunged on Monday on concerns that Chinese tourist arrivals might fall short of this year's estimate of 8 million as looming trafficking fears prompted Chinese travellers to cancel their planned visits to Thailand.

PROPERTY

RML adds flagship One City Center property to REIT

Nareerat Wiriyapong, Published on 23/12/2024

» Raimon Land Plc (RML) plans to include its flagship One City Centre (OCC) property in central Bangkok, valued at 14.8 billion baht, in a real estate investment trust (REIT) as part of its strategy to enhance long-term financial stability.

PROPERTY

Hylife Group aims to go public by 2030

Business, Nareerat Wiriyapong, Published on 18/09/2024

» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.

PROPERTY

RML sure it can make full bond repayment

Business, Nareerat Wiriyapong, Published on 10/09/2024

» SET-listed luxury property developer Raimon Land Plc (RML) is confident it can fully repay 406 million baht worth of bonds next week, with the remaining 118 million baht set to be redeemed by Sept 20.

PROPERTY

Narongdej family fully backs Raimon Land's capital increase

Business, Nareerat Wiriyapong, Published on 04/09/2024

» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.

BUSINESS

Economists predict reduction by mid-year

Business, Nareerat Wiriyapong, Published on 11/04/2024

» The Bank of Thailand is expected to start cutting the policy rate before mid-year as inflationary pressure has eased following six consecutive months of prices contracting, while the economy is underperforming, according to economists.

BUSINESS

Delta lays out investment plans

Business, Nareerat Wiriyapong, Published on 13/03/2024

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.

BUSINESS

BoT seen cutting rates in H2, 2024

Business, Nareerat Wiriyapong, Published on 05/12/2023

» The Bank of Thailand is projected to start cutting interest rates in the second half of 2024, in line with similar moves by the US Federal Reserve, say analysts, as the domestic economy needs more support to drive growth next year.

BUSINESS

Baht likely to climb higher if Fed disappoints on rates

Business, Nareerat Wiriyapong, Published on 01/11/2023

» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.