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BUSINESS

Thai stocks decline again despite US rate hike pause

Business, Published on 16/06/2023

» Domestic political uncertainties continue to weigh on the Thai stock market, with the Stock Exchange of Thailand (SET) index sliding further yesterday, ignoring the pause in US interest rate hikes and Beijing's fresh rate cut.

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BUSINESS

Council urges effort to woo foreign retirees

Business, Narumon Kasemsuk, Published on 15/06/2023

» The Tourism Council of Thailand (TCT) has urged the new government to establish the country as a destination for retirees, while calling for the removal of regulatory barriers pertaining to supply development.

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BUSINESS

Warning over OTO shares after steep drop

Business, Nuntawun Polkuamdee, Published on 15/06/2023

» The Stock Exchange of Thailand (SET) has told investors to exercise caution and study information carefully regarding the trading of One to One Contacts Plc (OTO) shares, citing irregular trading volume on June 12-13.

BUSINESS

Stark asks for more time for special audit report

Business, Nareerat Wiriyapong, Published on 15/06/2023

» Stark Corporation has asked the Securities and Exchange Commission (SEC) to delay the deadline for the submission of its special audit report by another 30 days from Friday, but indicated it is prepared to file its 2022 financial statement on July 16, as required by the regulator.

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BUSINESS

Industrial mood at 8-month low on political uncertainty

Reuters, Published on 14/06/2023

» Thailand's industrial sentiment in May hit its lowest level in eight months, dented by weak exports and uncertainty over the formation of a new government, an industries group said on Wednesday.

BUSINESS

Thai ESG bond market set to increase funding

Business, Nuntawun Polkuamdee, Published on 14/06/2023

» Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).

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BUSINESS

Training event slated as part of bid to upgrade agro-processing

Business, Lamonphet Apisitniran, Published on 14/06/2023

» The Office of Industrial Economics (OIE) is pushing ahead with a plan to improve the agro-processing industry across six countries under the Mekong-Lancang Cooperation (MLC) pact by exploring the status of agrobusiness in Myanmar.

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BUSINESS

Tisco Asset pinpoints opportunities in H2

Business, Nuntawun Polkuamdee, Published on 13/06/2023

» Tisco Asset Management recommends Thai equity mutual funds related to the domestic economy and tourism as well as Chinese equities, US technology and dividend stocks, and US bonds for the second half of this year.

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BUSINESS

TCEB aids Phuket expo

Business, Molpasorn Shoowong, Published on 13/06/2023

» The Thailand Convention and Exhibition Bureau (TCEB) is in the process of convincing more countries to vote for Phuket in its bid to host Specialised Expo 2028, with the final presentation scheduled to take place next week.

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BUSINESS

Stark enters arbitration with 2 firms

Business, Nuntawun Polkuamdee, Published on 13/06/2023

» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.