Showing 11 - 20 of 466
Stark cites Russia-Ukraine war to exit €560m deal
Bloomberg News, Published on 20/06/2023
» Stark Corporation Public Company Limited, a Thai maker of electrical components engulfed in an accounting scandal, has cited the Russia-Ukraine war as a reason for pulling out of an agreement to buy a German maker of automotive cable solutions for €560 million (21.27 billion baht).
Rice glut will be put to test with El Niño’s return
Bloomberg News, Published on 15/06/2023
» The world is awash in rice with global stockpiles at close to record levels. El Niño’s arrival will put those reserves to the test.
New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
Asia’s gamblers cheer wave of legalisation
Bloomberg News, Published on 14/06/2023
» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.
Two casino giants exploring Thailand
Bloomberg News, Published on 02/06/2023
» Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.
Asia's factories signal more pain as China recovery falters
Bloomberg News, Published on 01/06/2023
» SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.
Bank of Thailand likely to raise policy rate next week
Bloomberg News, Published on 24/05/2023
» The Bank of Thailand (BoT) may raise the policy rate one last time at the end of the month after a steady pace of tightening since August helped bring inflation back to target in less than a year, according to analysts.
Foreign tourists hit 9.47 million, driven by Asian tourists
Bloomberg News, Published on 20/05/2023
» Thailand has welcomed 9.47 million foreign tourists so far this year, generating about 391 billion baht (US$11 billion) of revenue, according to government spokeswoman Traisuree Taisaranakul.
Singapore's rent growth set to cool
Bloomberg News, Published on 19/05/2023
» SINGAPORE: Rental growth in Singapore is expected to moderate for the rest of this year on more supply and macroeconomic headwinds, providing some respite for tenants struggling with soaring housing costs.
Coalition talks spook markets amid split over LM
Bloomberg News, Published on 19/05/2023
» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.