Showing 1 - 10 of 30
Thai gold primed for record high
Business, Nareerat Wiriyapong, Published on 04/10/2024
» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).
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.
Ailing EA lands cluster of three-year loans worth B8bn
Business, Nareerat Wiriyapong, Published on 10/08/2024
» Thirteen financial institutions and funds have agreed to provide three-year loans worth 8 billion baht to Energy Absolute Plc (EA) to ease the short-term liquidity crunch faced by the embattled renewable energy firm.
Entertainment firms gain as SEC changes digital token rules
Business, Nareerat Wiriyapong, Published on 06/06/2024
» Companies in the entertainment industry are set to benefit from the Securities and Exchange Commission's (SEC) decision to allow shelf filing of digital tokens in a move to support the country's soft power.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.
Influx seen boosting economy
Business, Nareerat Wiriyapong, Published on 27/02/2024
» Thailand's tourism upturn should get a boost from China's launch of measures to boost its economy, with more Chinese travellers expected to arrive in Thailand to drive the Thai economy to growth of at least 3% this year, analysts say.
JKN allays concerns over liquidity, bond payments
Business, Nareerat Wiriyapong, Published on 02/09/2023
» JKN Global Group Plc (JKN) insists its finances and liquidity remain sound, saying none of the next bond interest payments will be missed and the company is on track to meet its revenue target of more than 3 billion baht this year.
SEC files charges against Stark Corp for misconduct
Business, Nareerat Wiriyapong, Published on 07/07/2023
» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.
The Stark reality of a company in decline
Business, Nareerat Wiriyapong, Published on 05/07/2023
» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.