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BUSINESS

ACMECS meeting aims for strengthened ties

Business, Lamonphet Apisitniran, Published on 14/06/2018

» The Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) aims to strengthen ties between countries in the Mekong Delta by reducing economic barriers to cooperation.

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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

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BUSINESS

SSI rehabilitation plan 'almost ready'

Business, Somruedi Banchongduang, Published on 17/02/2016

» The business rehabilitation plan of Sahaviriya Steel Industries Plc, the country's largest maker of hot-rolled coil steel, will soon be finished, says Siam Commercial Bank (SCB), one of SSI's major creditors.

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BUSINESS

Stocks Gain as US job market roars back

Business, Nuntawun Polkuamdee, Published on 09/11/2015

» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.

BUSINESS

Asian markets await jobs data with bated breath

Business, Published on 05/10/2015

» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.