Showing 1 - 10 of 34,320
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Just not feasible
Postbag, Published on 27/07/2024
» Re: "Chemical solution", (PostBag, July 25) and "Halting tilapia invasion 'a priority'", (BP, July 23).
Prepare for a rough ride
Business, Published on 27/07/2024
» As we approach the midpoint of the third quarter, the economic and financial market picture is becoming clearer. First, the US Federal Reserve is likely to cut interest rates soon. Second, the US presidential race is likely to intensify. And third, China's economic slowdown is decelerating, implying the need for more stimulus. But the signals from the Beijing government have been to focus more on quality growth than quantity.
China doubles cash subsidies to propel EV sales as economic growth falls short
South China Morning Post, Published on 26/07/2024
» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.
SAT-1 terminal's lounges at Suvarnabhumi drawing few passengers
Business, Molpasorn Shoowong, Published on 26/07/2024
» Airport lounges and day rooms at the new satellite terminal at Suvarnabhumi airport in Samut Prakan province remain quiet due to lack of international flights despite having been open for almost a year, according to Miracle Group, an operator of airport lounges and hotels.
Siam Cement sees lower revenue growth in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» SET-listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, has decided to revise down its revenue growth target to 10% this year, down from 20% due to a raft of factors, including the domestic economic slowdown and sluggish sales in the petrochemical industry.
Thailand cuts car manufacturing target to 1.7m in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.
Household debt pressures growth
Business, Nuntawun Polkuamdee, Published on 26/07/2024
» The high level of household debt has continued to pressure economic growth and is holding back investors' decision on whether or not to invest more, a recent survey conducted by the Association of Investment Management Companies (AIMC) has found.
IRPC Begins Export of JIG Standard Aviation Fuel
Published on 25/07/2024
» On July 18, 2024, Mr. Kris Imsang, President and Chief Executive Officer of IRPC Public Company Limited (IRPC), along with executives from IRPC, Mr. Thanares Prasertwong, Manager of Refined Oil Trading at PTT International Trading Pte. Ltd., and Mr. Nattaphasit Chutiman, Manager of Oil Procurement and Management at PTT Oil and Retail Business Public Company Limited, participated in the ceremony for exporting Jet A1 aviation fuel to Vietnam at the IRPC Industrial Zone Port, Rayong Province.
Car production drops sharply, local sales fall
Reuters, Published on 25/07/2024
» Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than in 2023, the Federation of Thai Industries (FTI) said on Thursday.