Showing 1 - 7 of 7
BMW's net profit edges up in first quarter
Business, Published on 05/05/2018
» BMW AG saw first-quarter net profit rise slightly from an already high level as sales strengthened across all regions and the company's 5-Series sedan and X1 sport-utility logged double-digit increases.
Hang Seng rise makes Hong Kong's richest even richer
Asia focus, Published on 22/01/2018
» The collective wealth of Hong Kong's 50 richest people has soared by a record US$60 billion to $307 billion, led by Li Ka-shing for the 20th consecutive year. The real estate tycoon added $5.7 billion to his wealth, raising his total fortune to $36 billion, Forbes magazine reported last week.
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
CKP weighs Thailand hydropower options
Business, Yuthana Praiwan, Published on 17/01/2018
» CK Power Plc (CKP), the power generation business arm of Ch Karnchang Plc, Thailand's second-largest construction firm, is conducting a feasibility study to select which of its three potential hydropower projects will be next in the queue to sell electricity to Thailand.
PSH to launch 75 projects worth B66.7bn
Business, Kanana Katharangsiporn, Published on 17/01/2018
» SET-listed property firm Pruksa Holding Plc (PSH) plans to launch 75 new residential projects worth a combined 66.7 billion baht, aiming to have presales growth of 13% to 53.7 billion baht by the end of the year.
Rising baht puts BoT on its toes
Business, Published on 25/04/2017
» Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht’s rapid gain. The central bank’s tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.
ADB chief calls for continued US involvement in Asia
Published on 11/11/2016
» The chief of the Asian Development Bank on Friday called on the United States to maintain its economic involvement in the Asia-Pacific region in the wake of Republican Donald Trump's victory in the US presidential election.