Showing 1 - 10 of 57
Asian Development Bank cuts Thai GDP outlook
Business, Nareerat Wiriyapong, Published on 01/10/2025
» The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.
Delta sees impact on supply chain from tariffs
Business, Nareerat Wiriyapong, Published on 30/07/2025
» Delta Electronics, Thailand's largest electronics firm by market capitalisation, says Southeast Asia and India will continue to be its powerhouse to serve global customers, but it is concerned that US tariffs will cause a medium-term impact on the supply chain.
High hopes for Thailand's new crypto sandbox
Business, Nareerat Wiriyapong, Published on 28/07/2025
» In the increasingly competitive tourism landscape amid a global economic slowdown, pundits believe recently endorsed crypto-friendly measures will lift Thailand's attractiveness in the eyes of tech-savvy, high-spending tourists.
Big outlay for virtual banks
Business, Nareerat Wiriyapong, Published on 17/10/2024
» The three consortiums awarded virtual bank licences are projected to spend up to 5.7 billion baht in just one year from mid-2025 to develop digital platforms and offer products similar to their mobile banking counterparts, says Maybank Securities (Thailand).
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.
Energy Absolute reschedules bills of exchange payment
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
FWD ranks second in the life sector
Business, Nareerat Wiriyapong, Published on 04/04/2024
» FWD Life Insurance has secured the No.2 spot in the life insurance industry, with new premiums surging 28% from 2022 to nearly 20.7 billion baht last year thanks to significant growth of the agency channel.
Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
Delta forecasts double-digit revenue uptick next year
Business, Nareerat Wiriyapong, Published on 22/12/2023
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, targets double-digit revenue growth next year thanks to its manufacturing expansion and product diversification.