Showing 1 - 10 of 452
Asian markets cool after rally fed by trade truce
Business, Published on 17/05/2025
» RECAP: Asian markets limped into the weekend as investors consolidated gains after a week-long rally spurred by a truce in the China-US trade war.
Thailand's fuel consumption ticks up y/y in Q1
Published on 16/05/2025
» Thailand's fuel consumption rose by 1.3% year-on-year to 158.6 million litres per day (MLD) in the first quarter, with diesel and gasohol usage falling, in line with economic circumstances in early 2025, says the Department of Energy Business.
BGRIM posts 51.6% increase in net profit for first quarter
Business, Published on 16/05/2025
» B.Grimm Power Plc (BGRIM) reported a 51.6% increase in net profit for the first quarter this year, while advancing industrial user expansion and nearing commercial operation dates for its renewable energy projects.
PTTEP sees healthy growth for next 10 years
Business, Yuthana Praiwan, Published on 15/05/2025
» SET-listed PTT Exploration and Production (PTTEP), the oil drilling arm of PTT Plc, expects its business to continue growing over the next decade, despite a drop in global crude oil prices.
SET bounce could be short-lived
Business, Published on 14/05/2025
» The upbeat reaction to US-China trade talks over the weekend is lifting the Stock Exchange of Thailand (SET), but analysts warned positive sentiment could be short-lived as pending Thailand-US trade negotiations remain a key concern.
US inflation in April lowest since 2021
AFP, Published on 13/05/2025
» WASHINGTON - US consumer inflation cooled slightly in April, figures showed on Tuesday, coming in better than expected against a background of President Donald Trump's sweeping tariffs.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.
Solar rooftop market poised to heat up in Thailand
Business, Yuthana Praiwan, Published on 09/05/2025
» Competition in Thailand's solar rooftop market is expected to intensify, driven by lower prices, greater supply from producers and the government's promotion of renewable energy.
Tariff measures weigh on oil and global growth
Published on 08/05/2025
» The average price of ICE Brent crude oil in Q1/ 2025 was US$74.97/BBL, slightly higher than $74.01/BBL in the fourth quarter of 2024. The increase followed US sanctions imposed on major Russian energy companies such as Gazprom Neft and Surgutneftegas, as well as 183 oil tankers involved in Russia's "shadow fleet" exports. Platts estimated the sanctions affected about 1.5 million barrels per day of Russia’s seaborne oil exports, driving crude prices up to $82/BBL on Jan 15, 2025, the highest level since August.
Central bank expected to cut rates twice more this year
Business, Nareerat Wiriyapong, Published on 08/05/2025
» Low inflation provides ample room for the Bank of Thailand to slash interest rates at least two more times this year to deal with the impacts of the trade war, with the next rate cut expected in the third quarter, according to analysts.