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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Deputy premier hopeful for 2023

Business, Published on 28/10/2022

» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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BUSINESS

Explainer: What is PDPA, Thailand's new data law?

Business, Janine Phakdeetham, Published on 01/06/2022

» Thailand's drive to provide more comprehensive online safety for individuals begins Wednesday with enforcement of the Personal Data Protection Act (PDPA).

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BUSINESS

BoT eyes higher bank capital reserves

Business, Somruedi Banchongduang, Published on 25/03/2022

» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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BUSINESS

Silver lining in the debt deluge

Business, Somruedi Banchongduang, Published on 19/02/2022

» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.

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BUSINESS

Firms making headway with PDPA steps

Business, Suchit Leesa-nguansuk, Published on 28/01/2022

» Some 72% of businesses in Thailand have started or already implemented measures in line with the requirements of the Personal Data Protection Act (PDPA) with financial services at the forefront of the move, according to consulting firm Deloitte Thailand.

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BUSINESS

Ascend Money eyes Asean lead, growth in South Asia

Business, Published on 07/12/2021

» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.

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BUSINESS

People, agility key to digitalisation

Business, Published on 29/10/2021

» Human resources play a major role in transforming businesses into digital organisations while agility is imperative to help them weather a host of challenges in this disruptive world, according to two top business leaders in the financial and digital technology fields.