Showing 1 - 10 of 18
MPC wary of tourist dearth
Business, Pathom Sangwongwanich, Published on 18/02/2021
» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.
Krungsri remains wary with buffers
Business, Pathom Sangwongwanich, Published on 04/02/2021
» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.
BoT signs pact on mediating legal financial disputes
Business, Pathom Sangwongwanich, Published on 27/01/2021
» The Bank of Thailand and the Office of the Court of Justice have signed a memorandum of understanding (MoU) on mediating legal financial disputes for financially-distressed borrowers and small and medium-sized enterprises (SMEs).
Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
Thai Union sees third-quarter profit rise by 50%
Business, Pathom Sangwongwanich, Published on 05/11/2020
» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
AEC gets juristic person funding, avoids capital rule snag
Business, Pathom Sangwongwanich, Published on 05/06/2020
» SET-listed AEC Securities has resolved its net capital rule problem by obtaining funding from a juristic person and has opted for a capital increase by allotting new ordinary shares to reduce future investment risk.
AEC clarifies shortfall with SEC
Business, Pathom Sangwongwanich, Published on 28/05/2020
» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.
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.
SET extends losses as virus fears batter sentiment
Pathom Sangwongwanich, Published on 12/03/2020
» Share prices dived on the Thai stock exchange on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.
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.