Showing 1 - 9 of 9
MPC: Growth may fall below forecast
Business, Pathom Sangwongwanich, Published on 07/01/2021
» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.
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.
TU sees 2019 net profit rise by 0.5% year-on-year
Business, Pathom Sangwongwanich, Published on 18/02/2020
» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, saw its 2019 net profit rise by a mere 0.5% year-on-year amid a challenging sales environment and a one-time impairment expense.
TU reports lower profit, sales as strong baht stings
Business, Pathom Sangwongwanich, Published on 22/02/2019
» SET-listed Thai Union Group Plc (TU), the global seafood conglomerate, reported lower net profit and sales last year, struggling to rebound from a poor first-quarter result as the baht appreciated.
MPC details path to higher interest rate
Business, Pathom Sangwongwanich, Published on 29/11/2018
» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.
Thai Union net profit falls on impairments
Business, Pathom Sangwongwanich, Published on 06/11/2018
» SET-listed Thai Union Plc (TU), the world's biggest exporter of canned and frozen tuna, reported a considerable dip in both third-quarter and nine-month net profits because of asset impairment charges and weak first-quarter results.
NMG reports hefty loss
Business, Pathom Sangwongwanich, Published on 28/08/2018
» SET-listed Nation Multimedia Group Plc (NMG) posted a consolidated net loss of 2.16 billion baht last year because of lower advertising revenue, higher expenses and recognition of impairment losses of digital terrestrial TV licences.
SEC: Bitcoin futures are kosher
Business, Pathom Sangwongwanich, Published on 11/01/2018
» Despite allowing Thai investors to speculate on bitcoin via an international global derivatives trading service, the Securities and Exchange Commission (SEC) has insisted bitcoin futures is a regulated futures contract even as bitcoin itself is not legal tender in Thailand.
BoT: Economy failed to reach growth potential
Business, Pathom Sangwongwanich, Published on 04/01/2018
» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.