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OPINION

MFP must dare to rebuke dubious deals

News, Veera Prateepchaikul, Published on 04/03/2024

» Convicted former prime minister Thaksin Shinawatra's first foreign visitor since his release on early parole from Police General Hospital on Feb 18 was Cambodian Supreme Privy Council President Hun Sen.

OPINION

Dealing With A Covid-19 Side Effect

Guru, Pornchai Sereemongkonpol, Published on 22/01/2021

» One side effect of the Covid-19 pandemic that you may have overlooked (besides amassing a vast collection of hand sanitisers and exposing govt inefficiency -- kapow!) is more waste, especially plastic. Inevitably, it is exacerbated by our appetite for food delivery while we're WFH during this quasi-lockdown. The first wave saw an increase of plastic waste by 60% in Bangkok due to the higher demand for food delivery as estimated by Thailand Environment Institute in May last year. Thailand Research Development Insitute also claimed that one such order can contain up to seven pieces of plastic waste (so opt-out of utensils when you order please).

BUSINESS

Investors pause before Fed decision; oil woes persist

Business, Published on 12/06/2017

» Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.

BUSINESS

Equity rally pauses as investors contemplate Fed

Business, Published on 06/03/2017

» Recap: Equity markets jumped last week in the US and are up 10% since the presidential election in November, as consumer confidence hit a 15-year high, further supporting the case for higher interest rates when the US Federal Reserve meets on March 14-15.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

BUSINESS

Sset steady above 1,500 in mixed week for equities

Business, Published on 25/07/2016

» Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

BUSINESS

Stocks advance as chances of US rate hike recede

Business, Published on 19/10/2015

» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.

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THAILAND

Thousands apply for 'Bike for Mom' gifts

Online Reporters, Published on 25/07/2015

» Thousands of people flocked to the Thai Army Sports Stadium on Saturday morning to get free souvenirs for the Bike for Mom cycling event to be held on Aug 16 to celebrate Her Majesty the Queen's 83rd birthday.

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BUSINESS

Greece keeps investors on Edge but set rallies

Business, Published on 08/06/2015

» Recap: Pressure on US and European share markets eased after Greece obtained some breathing room from the MF, which agreed to defer all 1.6 billion euros in debt repayments to the end of this month, but a successful outcome of talks with euro zone creditors remains elusive.