Showing 51 - 60 of 13,587
Household debt, bad loans to hit finance firms
Business, Nuntawun Polkuamdee, Published on 24/06/2023
» Rising household debt and non-performing loans (NPLs) are going to hurt listed companies in leasing, hire-purchase and finance because they are drag on the economy and lower consumer purchasing power, says an analyst.
BoI urges Thai startups to innovate
Business, Lamonphet Apisitniran, Published on 24/06/2023
» The Board of Investment (BoI) has joined hands with the National Innovation Agency to encourage local startups to come up with new business ideas as part of efforts to promote more investments in the country.
Rough week for equities as central banks talk tough
Business, Published on 24/06/2023
» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
Thai stock index remains low amid foreign sell-off
Business, Nareerat Wiriyapong, Published on 24/06/2023
» The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Zen eyes opportunities for Lao Yuan brand in Europe
Business, Pitsinee Jitpleecheep, Published on 23/06/2023
» Zen Corporation Group Plc, the operator of Lao Yuan, a Thai chain of restaurants serving Indochinese food, is planning to open its first Lao Yuan restaurant in Europe within the next three years.
Bourse, SEC eager to revamp listing criteria
Business, Nuntawun Polkuamdee, Published on 23/06/2023
» In response to the erosion of confidence in the Thai capital market, the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC) have agreed to upgrade listing regulations and strengthen supervision to enhance the quality of listed companies.
Arkhom urges tough action for troubled cable manufacturer
Business, Wichit Chantanusornsiri, Published on 23/06/2023
» Finance Minister Arkhom Termpittayapaisith says if any illegal activities are found in the probe of Stark Corporation shares, responsible agencies must prosecute the offenders.
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
SET to overhaul listing rules as stocks whacked by scandals
Bloomberg News, Published on 22/06/2023
» The Stock Exchange of Thailand plans to tighten listing rules as a major accounting scandal, debt defaults and unexplained share gyrations rattle investors, putting the SET Index on course for its lowest close in more than two years.