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Search Result for “30 billion”

Showing 11 - 20 of 21

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

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BUSINESS

Late rally dispels gloom from weak Chinese GDP

Business, Published on 26/10/2015

» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.

BUSINESS

Weak China outlook keeps shares on back foot

Business, Published on 07/09/2015

» Recap: Downbeat factory activity data in China cast a dark cloud over global stock markets as investors' concerns over the world's economic health mounted. However, economic stimulus measures to help low-income earners and SMEs shielded the Thai bourse.

BUSINESS

Greek drama and Chinese rout push shares down

Business, Published on 06/07/2015

» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.

BUSINESS

Mixed prospects

Asia focus, Published on 26/01/2015

» Thai companies that have been considering regional expansion are going against the global trend of budget cuts in the oil and gas industry by preparing to actively pursue possible merger and acquisition opportunities that may arise.

BUSINESS

Set recovers from manic monday with help from FED

Business, Published on 22/12/2014

» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.

THAILAND

Fresh push to outlaw asbestos

News, Nanchanok Wongsamuth, Published on 23/11/2014

» The Industry Ministry will resubmit a proposal to the cabinet to ban the use and production of asbestos by 2020.

BUSINESS

Surprise from Tokyo gives Asian shares a boost

Business, Published on 03/11/2014

» Recap: Asian stock markets gained last week, buoyed by the Bank of Japan's surprise move on Friday to expand its stimulus programme. The SET Index moved in a range of 1,547.89 and 1,584.35 points and closed at 1584.16, up 2.9% from the preceding week, in trade worth an average of 47.44 billion baht a day.

BUSINESS

SCG looks beyond Asean for expansion

Asia focus, Published on 29/09/2014

» Siam Cement Group (SCG) aims to turn South Asia, Africa and the Middle East into its "next Asean" as Thailand's top industrial conglomerate expands more aggressively beyond its strongholds in Southeast Asia in the next five years.

ADVANCED NEWS

Plastics market in flux

Jon Fernquest, Published on 07/06/2011

» China's chemical consumption causes big price changes and market slump. SCG chemicals diversifies with microwaveable plastics.