Showing 1-10 of 152 results
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EV sector may face new chip shortage
Business, Lamonphet Apisitniran, Published on 15/07/2023
» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).
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Troubles mount for Stark hit by accounting scandal
Bloomberg News, Published on 21/06/2023
» Bondholders of Stark Corporation Public Company Limited called for immediate payment of about US$200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that has defaulted on debt and seen its shares plummet to near-zero.
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Stark cites Russia-Ukraine war to exit €560m deal
Bloomberg News, Published on 20/06/2023
» Stark Corporation Public Company Limited, a Thai maker of electrical components engulfed in an accounting scandal, has cited the Russia-Ukraine war as a reason for pulling out of an agreement to buy a German maker of automotive cable solutions for €560 million (21.27 billion baht).
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Outlook for stable gains
Business, Sirivish Toomgum, Published on 01/04/2023
» Thailand's economy is estimated to expand by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and pent-up demand following China's reopening, according to the World Bank.
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Asean ready to take on market volatility
Business, Nuntawun Polkuamdee, Published on 10/01/2023
» Major Asean economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, says Singapore-based United Overseas Bank (UOB).
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SEC urged to rejig rules after MORE scandal
Business, Nuntawun Polkuamdee, Published on 09/12/2022
» The Association of Securities Companies (Asco) and its members have proposed the Securities and Exchange Commission (SEC) adjust the regulations regarding stock manipulation in the aftermath of the More Return Plc (MORE) scandal.
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CIMBT projects 1% dip in exports next year
Business, Somruedi Banchongduang, Published on 07/12/2022
» CIMB Thai Bank (CIMBT) predicts exports will contract 1% next year, suffering from a global slowdown and fears of a recession in key global economies.
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China's Economy Faces Challenges Despite Moves to Stimulate Growth
Business, Published on 30/11/2022
» China's recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader Xi Jinping is putting fresh emphasis on measures to support the economy, potentially leading to a strong rebound in growth next year.
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DES Ministry seeks to revoke satellite ruling
Business, Komsan Tortermvasana, Published on 14/10/2022
» The Digital Economy and Society (DES) Ministry plans to petition the Central Administrative Court to revoke the arbitral ruling that Thaicom 7 and 8 satellites are not part of the agreement between the ministry and SET-listed Thaicom.
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ThaiBev puts off brewery IPO again
Published on 11/08/2022
» SINGAPORE: Thai Beverage Plc has deferred the initial public offering of its brewery unit in Singapore once again, citing “prolonged challenging market conditions” for its decision.
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