Showing 1 - 10 of 24
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
Insurance regulator's stand on Covid policies upheld
Business, Published on 19/06/2024
» The Office of the Insurance Commission (OIC) has won a court ruling against Syn Mun Kong Insurance Plc (SMK), which filed a lawsuit claiming 40 billion baht in damages.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
Baht declines in thin holiday trading across Asian markets
Published on 17/06/2024
» Emerging Asian currencies slipped in holiday-thinned trade on Monday, with the Thai baht leading the declines, as the dollar stayed firm and China data pointed to an uneven recovery in the world's second-largest economy.
SET approaching 4-year low on political turmoil
Business, Published on 15/06/2024
» The Stock Exchange of Thailand traded sideways throughout the month of May. After touching 1,400 points in April, the SET index never got close to that level again.
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
Consumer confidence at 7-month low
Reuters, Published on 13/06/2024
» Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political uncertainty, a survey showed on Thursday.
Court lets 7 firms file charges against Stark
Business, Nuntawun Polkuamdee, Published on 13/06/2024
» The Criminal Court has accepted a petition from seven asset management firms damaged by fraud committed by Stark Corporation, joining the prosecutor in filing criminal charges against the SET-listed company for eight offences of fraud and public deception.
Thai hotels hit by collapse of German firm
Narumon Kasemsuk, Published on 12/06/2024
» The collapse of the third-largest tour operator in Europe has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.