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BUSINESS

Shares rise on hopes for stimulus in China

Business, Published on 01/07/2023

» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.

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BUSINESS

Network touts eco-friendly packaging

Business, Pitsinee Jitpleecheep, Published on 29/06/2023

» Seven leading beverage, consumer product and packaging companies have come together to unveil the Packaging Recovery Organization Thailand Network or "PRO-Thailand Network", aimed at driving sustainable packaging management practices in Thailand.

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BUSINESS

Manufacturers seek steps to reduce costs

Business, Lamonphet Apisitniran, Published on 29/06/2023

» Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

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BUSINESS

FPO requests debt restructuring

Business, Wichit Chantanusornsiri, Published on 29/06/2023

» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.

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BUSINESS

Group makes plans for tourism future

Business, Molpasorn Shoowong, Published on 29/06/2023

» The Federation of Thai Tourism Associations (Fetta) is hoping its revival will allow for a more flexible workflow and agenda-based development, after seven tourism associations recently quit the Tourism Council of Thailand (TCT) and joined Fetta.

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BUSINESS

Fitch Ratings registers interest in virtual banks

Business, Published on 29/06/2023

» Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.

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BUSINESS

Baht at 7-month low on political uncertainty

Reuters, Published on 28/06/2023

» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.

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BUSINESS

Fiscal fundamentals remain 'solid'

Business, Published on 28/06/2023

» Thailand's financial and treasury fiscal fundamentals remained solid in the first eight months of fiscal 2023, with revenue collection exceeding the government's target by up to 122 billion baht.

BUSINESS

Thai exports expected to improve in H2

Business, Phusadee Arunmas, Published on 28/06/2023

» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.

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BUSINESS

Bourse edges down amid global jitters

Business, Nareerat Wiriyapong, Published on 28/06/2023

» Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.