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Search Result for “damaged”

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INVESTMENT

Thai stocks under pressure

Nareerat Wiriyapong, Published on 10/10/2023

» The Stock Exchange of Thailand (SET) is facing fresh sell-off pressure, with the index falling close to a key resistance level of 1,430 points on Monday, due to rising global geopolitical risk amid the escalating conflict between Israel and Hamas, according to an analyst.

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GENERAL

Political gridlock to keep stocks subdued

Business, Nareerat Wiriyapong, Published on 08/08/2023

» The Stock Exchange of Thailand (SET) will remain sluggish in the third quarter of 2023 as a result of the protracted political uncertainties, says the Investment Analysts Association (IAA), urging the new government to boost domestic consumption and tackle rising household debt.

OPINION

Climate needs urgent actions now

Asia focus, Nareerat Wiriyapong, Published on 27/06/2022

» Cities around the world are no strangers to riverine flooding. In December 2021, the four main rivers running through Kuala Lumpur hit dangerous levels, causing nearby rail lines to shut down and halting mobility across the city. In March this year, storms prompted flood warnings along Australia's east coast, including in Sydney. Thousands of residents had to flee their homes.

OPINION

Time to move on from Zero Covid

Asia focus, Nareerat Wiriyapong, Published on 23/05/2022

» It's finally time for Shanghai residents to breathe easier and feel a greater sense of freedom. After nearly two months of lockdown, the commercial hub of 25 million started to allow more people to go out to buy groceries for the first time last Thursday after a fifth straight day of no new Covid-19 infections outside quarantine areas.

OPINION

Trump, Xi and the new reality

Asia focus, Nareerat Wiriyapong, Published on 10/04/2017

» Last week, all eyes in Asia were on the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping at Mr Trump's Mar-a-Lago estate in Florida. A lot was riding on the two-day summit between the leaders of the world's two largest economies, whose relationship has been rocky of late. The world is looking for reassurances, and perhaps even some common ground on North Korea, which has become an irritant for both Beijing and Washington.

BUSINESS

High costs and weak economy deter adoption

Asia focus, Nareerat Wiriyapong, Published on 26/10/2015

» Driven by a growing shortage of workers and increased wages, Thai businesses have eagerly embraced automation to cut costs and improve productivity, but more government incentives would help to accelerate such development, executives say.

BUSINESS

Investors see hope after appointments

Business, Nareerat Wiriyapong, Published on 29/05/2014

» Foreign investors have welcomed the appointments made by the army to take charge of economic policies, saying they are worried about the impact of the coup on the economy as foreign confidence has been damaged.

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BUSINESS

Thais tap souring ties

Business, Nareerat Wiriyapong, Published on 16/05/2014

» Anti-China riots that have erupted in industrial zones in southern Vietnam over the South China Sea disputes could bring a windfall for Thailand as Chinese investors seek safer investment destinations in Southeast Asia, says the Board of Investment (BoI).

BUSINESS

TUF postpones shrimp plant

Business, Nareerat Wiriyapong, Published on 28/08/2013

» SET-listed Thai Union Frozen Products Plc (TUF) has slashed this year's capital expenditure and its revenue forecast as its key shrimp business faces challenges in the second half.

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BUSINESS

TUF allots B18bn for expansion

Business, Nareerat Wiriyapong, Published on 05/03/2013

» Thai Union Frozen Plc (TUF) is doubling its annual capital expenditure to 6 billion baht per year over the next three years to expand its production capacity and penetrate more Asean markets.