Showing 1 - 10 of 92
Ambiguous growth drivers cloud outlook
Business, Pathom Sangwongwanich, Published on 19/02/2021
» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.
Fitch sees 'very dim' path for GDP growth
Business, Pathom Sangwongwanich, Published on 20/01/2021
» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.
Pandemic, e-commerce to influence headline inflation
Business, Pathom Sangwongwanich, Published on 13/01/2021
» Though domestic headline inflation is expected to return to the target band in mid-2021, upcoming inflation dynamics will be marred by changes in the global economic system from the pandemic and e-commerce business, says the Bank of Thailand.
Thai Union sees third-quarter profit rise by 50%
Business, Pathom Sangwongwanich, Published on 05/11/2020
» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
TU profits fall 20.2% in Q1 from foreign turmoil
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.
SET extends losses as virus fears batter sentiment
Pathom Sangwongwanich, Published on 12/03/2020
» Share prices dived on the Thai stock exchange on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.
TU sees 2019 net profit rise by 0.5% year-on-year
Business, Pathom Sangwongwanich, Published on 18/02/2020
» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, saw its 2019 net profit rise by a mere 0.5% year-on-year amid a challenging sales environment and a one-time impairment expense.
KTBST prepares for SET listing in 2020
Business, Pathom Sangwongwanich, Published on 26/12/2019
» KTB Securities Thailand (KTBST) plans to submit an IPO filing next year to list on the Stock Exchange of Thailand following completion of the company's business restructuring, with the launch of a personal loan and debt correction clinic unit scheduled for early 2020.
Bourse studying digital asset applications
Business, Pathom Sangwongwanich, Published on 11/12/2019
» The Stock Exchange of Thailand (SET) is assessing four applications for possible integration to jump-start its digital asset ecosystem project.
Eastspring counts on REITs, property equities
Business, Pathom Sangwongwanich, Published on 16/01/2019
» Asian real estate investment trusts (REITs) and property development stocks can in combination optimise returns, yield attractive dividends and hedge against financial volatility, says Eastspring Investments.