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Showing 1 - 10 of 53

BUSINESS

Recovery unlikely until 2022

Business, Pathom Sangwongwanich, Published on 08/12/2020

» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).

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THAILAND

BoT moves to curb strengthening baht

News, Pathom Sangwongwanich, Published on 21/11/2020

» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.

BUSINESS

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.

BUSINESS

ASP: Slower growth and exports tether baht

Business, Pathom Sangwongwanich, Published on 09/06/2020

» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).

BUSINESS

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.

BUSINESS

TMBAM initiates rebates for 4 cancelled funds

Business, Pathom Sangwongwanich, Published on 31/03/2020

» TMBAM Eastspring began allocating the first rebate of investors' money yesterday after terminating four fixed-income funds last week, with hopes the process will be completed within 90 days.

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BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

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BUSINESS

Stocks up slightly to end year's trading

Business, Pathom Sangwongwanich, Published on 31/12/2019

» Thai shares edged up 0.1% on the last trading day of 2019, the benchmark index posting a 1% yearly rise as confidence was muted by the prolonged US-China trade dispute and sluggish economic growth at home and abroad.

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BUSINESS

Market regulator fingers Energy Earth trio

Business, Pathom Sangwongwanich, Published on 27/12/2019

» The Securities and Exchange Commission (SEC) has accused three executives of Energy Earth Plc of failure to submit documents and concealment of the truth from investors.

BUSINESS

KTBST prepares for SET listing in 2020

Business, Pathom Sangwongwanich, Published on 26/12/2019

» KTB Securities Thailand (KTBST) plans to submit an IPO filing next year to list on the Stock Exchange of Thailand following completion of the company's business restructuring, with the launch of a personal loan and debt correction clinic unit scheduled for early 2020.