Showing 1 - 10 of 135
Various factors hurt Tasco's Q1 earnings
Business, Yuthana Praiwan, Published on 22/05/2024
» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.
Cabinet approves plan to raise 2024 budget
Reuters, Published on 21/05/2024
» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.
Issue of dollar bonds ruled out this year
Published on 09/05/2024
» The government has no plans currently to issue dollar bonds overseas this year as it is still studying the issue while waiting for a clearer market direction, a Ministry of Finance official said on Thursday.
US weighs upgrade for Vietnam to 'market economy' status
Published on 08/05/2024
» WASHINGTON: US President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".
Srettha defends wage hike plan as businesses voice concern
Published on 07/05/2024
» Prime Minister Srettha Thavisin on Tuesday defended his plan to introduce a nationwide daily minimum wage of 400 baht (US$10.88) as a necessary move for the economy, as business groups voiced concerns about the impact of higher wage costs.
Global and Thai economies face rising risk
Business, Published on 27/04/2024
» Three recent events have changed the world economic picture and monetary policy outlook.
SET chair tipped to be next finance minister
News, Published on 26/04/2024
» The chairman of the Stock Exchange of Thailand (SET), Pichai Chunhavajira, is likely to emerge as the next finance minister in the next cabinet reshuffle, in which Pheu Thai looks set to lose several cabinet posts to other coalition partners, a source said on Thursday.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Operators ponder elected governors
Business, Narumon Kasemsuk, Published on 16/04/2024
» Tourism operators have mixed views on increasingly louder calls for elected provincial governors to replace appointed heads.