Showing 1 - 10 of 906
Indorama allots $1.89bn capex for 3 years
Business, Nareerat Wiriyapong, Published on 19/04/2024
» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.
Gold traders eye $2,500 this year amid frenzied buying
Business, Nareerat Wiriyapong, Published on 07/05/2024
» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.
Smartphone market to see 3% uptick
Business, Suchit Leesa-nguansuk, Published on 14/03/2024
» Thailand's smartphone market is projected to grow 3% in 2024, driven by replacement purchases and advanced technology features, according to a global research firm.
Gas trader WP sees 7.3% revenue gain in 2024
Business, Yuthana Praiwan, Published on 14/11/2023
» SET-listed WP Energy, Thailand's second-largest liquefied petroleum gas (LPG) trader by sales volume, expects sales growth of 2.5% and revenue growth of 7.3% next year, despite the state's policy of capping domestic LPG prices.
Clarity on Fed hikes may drive gold up to $2,050 per ounce
Business, Nareerat Wiriyapong, Published on 14/09/2023
» The price of gold could rise as high as US$2,050 per ounce from $1,910 at present as soon as it becomes clear that the US Federal Reserve has finished its interest rate hike cycle, which is likely to happen next year, says the World Gold Council (WGC).
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Costumes at temples ignites trend
Business, Narumon Kasemsuk, Published on 15/05/2024
» Temples and palaces in Bangkok have attracted more foreign visitors, bolstered by the rising popularity of dressing in Thai costumes among Asian tourists, with a recent viral video clip showing groups of male travellers dressed in female attire.
Central Retail sees revenue rise by 6% in Q1
Business, Published on 15/05/2024
» Central Retail Corporation (CRC) revenue increased by 6% to 67.3 billion baht in the first quarter of this year.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
Bureau sees 15% hike in overall NPLs
Business, Somruedi Banchongduang, Published on 14/05/2024
» The National Credit Bureau (NCB) recorded a 15% increase in overall non-performing loans (NPLs) in the first quarter of this year, primarily driven by auto and mortgage loan payment defaults.