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Search Result for “$8 billion”

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BUSINESS

Creditors to meet on Energy Earth rehab plans

Business, Pathom Sangwongwanich, Published on 30/03/2018

» Creditors of financially beleaguered Energy Earth Plc (EARTH) will hold a meeting on April 30 to consider the business rehabilitation plan submitted to officials overseeing the company's receivership last month.

BUSINESS

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.

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BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 17/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 18/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

BUSINESS

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.

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BUSINESS

Fitch warns of steep path without tourists

Business, Pathom Sangwongwanich, Published on 08/10/2020

» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.

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BUSINESS

THAI debentures downgraded to default

Pathom Sangwongwanich, Published on 27/05/2020

» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.

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BUSINESS

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.

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BUSINESS

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.