Showing 1 - 10 of 10
World Bank grim on GDP
Business, Pathom Sangwongwanich, Published on 10/06/2020
» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.
TU profits fall 20.2% in Q1 from foreign turmoil
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.
CP chief discusses automation
Business, Pathom Sangwongwanich, Published on 13/08/2019
» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.
Barriers, data dearth hamper Asian market
Business, Pathom Sangwongwanich, Published on 01/08/2019
» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.
ADB lowers outlook for GDP growth
Business, Pathom Sangwongwanich, Published on 19/07/2019
» Thailand's GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB).
Eastspring counts on REITs, property equities
Business, Pathom Sangwongwanich, Published on 16/01/2019
» Asian real estate investment trusts (REITs) and property development stocks can in combination optimise returns, yield attractive dividends and hedge against financial volatility, says Eastspring Investments.
Osotspa IPO launch to lead 2018 in size
Business, Pathom Sangwongwanich, Published on 20/09/2018
» Century-old consumer goods conglomerate Osotspa Plc expects to launch an IPO early next month in a deal expected to be the largest corporate fundraiser this year.
Tisco sees B7bn foreign sell-off on tepid Q2 earnings
Business, Pathom Sangwongwanich, Published on 10/08/2018
» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.
World Bank sees growth let-up
Business, Pathom Sangwongwanich, Published on 07/06/2018
» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.
7-Eleven aims for regional omnipresence
Business, Pathom Sangwongwanich, Published on 23/04/2018
» With an ubiquitous domestic presence, the 7-Eleven convenience store chain is looking to expand its footprint in Asia-Pacific to carry out its regional growth vision, says Charoen Pokphand (CP) Group chief executive Suphachai Chearavanont.