Showing 9,451 - 9,460 of 20,999
Let's hear it for free, fair competition, not monopolies
News, Korn Chatikavanij, Published on 10/09/2018
» In June 2018 PTT Plc -- Thailand's state-owned oil and gas conglomerate -- announced the acquisition of more than a billion shares or 69.1% in the energy and utility company, Glow. The deal will cost PTT more than 100 billion baht, with more than half that amount coming from taxpayers' money. For the record, I am vehemently opposed to this deal; the following are my reasons why.
Failure of justice in 2008 crash eroded public trust: inquiry chief
AFP, Published on 09/09/2018
» WASHINGTON - Phil Angelides pointed the finger at some of the world's most powerful men -- leaders of an industry that crashed the global economy and drove untold millions into despair, unleashing the raw emotions now dominating American politics.
DTP Global REITs Management launches DTPHREIT
Published on 08/09/2018
» DTP Global REITs Management (DTPRM), a REIT management company under DTGO Prosperous (DTP), has launched DTP Hospitality Real Estate Investment Trust (DTPHREIT), a hotel and leasehold REIT to invest up to 4,107 million in MQDC’s high-potential hotel business, with a condition that the former owner agrees to buy back the assets at the end of the investment period.
IEAT placid about Ayutthaya flood threat
Business, Lamonphet Apisitniran, Published on 08/09/2018
» The Industrial Estate Authority of Thailand (IEAT) has no worries about water levels in Ayutthaya province affecting industrial estates in the area, even as heavy rains persist.
KTB predicts loan target shortfall
Business, Somruedi Banchongduang, Published on 08/09/2018
» Krungthai Bank (KTB), the country's fourth-largest lender by assets, expects total loan growth this year to fall short of its 6-7% target after the bank tightened lending to cooperatives to improve asset quality.
Global risk and currency contagion worries set tone
Business, Published on 08/09/2018
» Market Recap: Thai shares tumbled this week, led by losses in big blue chips such as PTT, KBANK and SCB. TRUE also fell sharply in response to an arbitral ruling ordering the firm to pay compensation worth 76 billion baht plus interest to TOT Plc for a breach of contract relating to ADSL service.
Beyond secular stagnation
Business, Joseph Stiglitz, Published on 08/09/2018
» The term "secular stagnation" became popular in the United States as World War II was drawing to a close. Economist Alvin Hansen (and many others) worried that, without the stimulation provided by the war, the economy would return to recession or depression. There was, it seemed, a fundamental malady.
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
US employment up 201,000 in August, jobless rate 3.9%
AFP, Published on 07/09/2018
» WASHINGTON: Pay for American workers saw its biggest bump in nearly a decade last month amid a surprise late-summer hiring spree that offered no sign jobs markets could be cooling, the government reported Friday.
SET closes lower, Singapore stocks hit 16-month low
Published on 07/09/2018
» The Stock Exchange of Thailand index ended lower, while Singapore shares dropped to its lowest close in more than 16 months on Friday.