Showing 1-10 of 27 results
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Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
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A crucial year for True
Business, Published on 16/01/2024
» True Corporation, the largest mobile phone operator based on subscriptions, views that the next 365 days will be crucial for the company during which it has to put all key jigsaw pieces in place and adjust overall operations, aiming to break-even one year sooner than it originally expected, after completing its merger with Total Access Communication (DTAC) in March 2023.
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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CP chief pushes tourism reboot
News, Dumrongkiat Mala, Published on 14/05/2020
» Billionaire Dhanin Chearavanont is urging the government to relax lockdown measures and welcome foreign travellers as soon as possible, and turn the country into a "safe haven" for wealthy visitors.
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Monorail ushers in hope
News, Published on 07/06/2020
» If anyone has visited Charoen Nakhon area in Thon Buri area recently, they might be surprised by the bumper-to-bumper traffic -- a situation rarely seen elsewhere during the Covid-19 pandemic. The congestion has been caused by the construction of the country's first monorail known as the Gold Line.
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Green light for Kyaukphyu
Asia focus, Larry Jagan, Published on 30/07/2018
» Fresh negotiations are under way to resolve the impasse that has prevented progress on the Chinese-backed Kyaukphyu megaproject for more than three years, according to Myanmar's deputy finance minister.
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Prosperity on the menu
Asia focus, Erich Parpart, Published on 23/10/2017
» Food processing can be a mutually beneficial industry for Thailand and India where the former, as the Kitchen of the World, can support the latter's ambition to become the Market of the World, say Indian officials.
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7-Eleven aims for regional omnipresence
Business, Pathom Sangwongwanich, Published on 23/04/2018
» With an ubiquitous domestic presence, the 7-Eleven convenience store chain is looking to expand its footprint in Asia-Pacific to carry out its regional growth vision, says Charoen Pokphand (CP) Group chief executive Suphachai Chearavanont.
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Talk of end to easy money keeps stocks subdued
Business, Published on 03/07/2017
» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.
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Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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