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Search Result for “30 billion”

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BUSINESS

Slowdown ahead

Asia focus, Nareerat Wiriyapong, Published on 24/12/2018

» The economic outlook doesn't seem as rosy as it once did for most Asian countries looking toward 2019. The relatively dynamic world trade recovery that began in late 2016 is now threatened by tensions between the United States and China, coupled with increasing protectionism in many economies.


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BUSINESS

Banking on transformation

Asia focus, Chiratas Nivatpumin, Published on 19/11/2018

» The rise of blockchain technology, quantum computing, artificial intelligence (AI) and digital currencies will completely transform how banks operate in the future, according to William Winters, group chief executive for Standard Chartered Bank.

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BUSINESS

Investors keep the party going in year's first week

Business, Published on 09/01/2017

» Recap: Asian stock markets started the year on a strong footing, rising in response to more upbeat sentiment about the global economy and indications that the US Federal Reserve might not be as aggressive in raising interest rates as earlier predicted. The Thai stock market joined in the rally.

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BUSINESS

Swipe and go

Asia focus, Nareerat Wiriyapong, Published on 01/01/2017

» Planning a trip abroad for the coming New Year holiday? In the old days, if you were a holidaymaker or a business traveller, you probably would have booked a trip through a travel agent and when you got to your destination, bought a map and rented a car to get yourself around.

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BUSINESS

One currency to link them all: the rise of the renminbi

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.

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BUSINESS

Staying in shape

Asia focus, Umesh Pandey, Published on 01/06/2015

» Asian banks remain healthy and have managed to avoid the ongoing problems faced by some multinationals that have been divesting assets left, right and centre, say some of the region's top finance executives.

BUSINESS

Stocks rally on FED signal but SET fails to respond

Business, Published on 23/03/2015

» Recap: Global stock markets rallied strongly and foreign fund flows returned to risky asset classes including equities after the US Federal Reserve signalled that it would not start raising its interest rates until later this year, easing concerns of an increase as soon as June.

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BUSINESS

SET drifts as global stocks rise on Greek relief

Business, Published on 02/03/2015

» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.

BUSINESS

Little movement on set Amid Global fluctuations

Business, Nuntawun Polkuamdee, Published on 17/11/2014

» Recap: Global and Asian stock exchanges fluctuated last week due to a lack of positive factors to bolster sentiment. The SET Index moved in a narrow range of 1,555.78 and 1,580.92 points and closed at 1,575.88, down 0.16% from the previous week, on brisk average daily turnover of 52.62 billion baht. Foreign investors were net buyers of 960 million baht and brokers bought 1.33 billion more than they sold. Institutions were net sellers of 510 million baht and retail investors pulled 2.11 billion out of market.

TECH

Wall street staggers but set powers past 1,600

Business, Published on 29/09/2014

» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.