Showing 1 - 10 of 12
Ambiguous growth drivers cloud outlook
Business, Pathom Sangwongwanich, Published on 19/02/2021
» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.
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.
THAI debentures downgraded to default
Pathom Sangwongwanich, Published on 27/05/2020
» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.
Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.
Bourse studying digital asset applications
Business, Pathom Sangwongwanich, Published on 11/12/2019
» The Stock Exchange of Thailand (SET) is assessing four applications for possible integration to jump-start its digital asset ecosystem project.
New rules to help SMEs raise capital
Business, Pathom Sangwongwanich, Published on 27/11/2019
» The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.
Fitch says full-year exports likely to avoid decline
Pathom Sangwongwanich, Published on 03/07/2019
» Despite flagging export data, Thai shipments are not expected to contract this year, as sustained global economic growth and exports to the US can compensate for sluggish exports to China, says Fitch Ratings.
BoT: Baht climbs as greenback slips
Business, Pathom Sangwongwanich, Published on 24/01/2019
» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.
TFFIF rises 3% on debut, TOT and CAT mulled for ride
Business, Pathom Sangwongwanich, Published on 01/11/2018
» Thailand Future Fund (TFFIF) saw its share price rise 3% on its first trading day on Wednesday, while officials are mulling including a merger between CAT Telecom Plc and TOT Plc as an underlying asset for the fund's third batch.
PTTEP posts 21% Q1 net profit on oil prices, higher baht
Business, Pathom Sangwongwanich, Published on 27/04/2018
» SET-listed PTT Exploration and Production Plc (PTTEP), an oil and gas drilling firm, posted a substantial rise in net profit buoyed by higher global oil prices and lower income tax expenses resulting from the baht appreciation.