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BUSINESS

Apisak securing draft law for business ease

Business, Wichit Chantanusornsiri, Published on 24/10/2018

» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.

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BUSINESS

Bank of Thailand pushes CLMV transfers

Business, Wichit Chantanusornsiri, Published on 02/10/2018

» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.

BUSINESS

Syria and Trump-Xi talks keep investors on sidelines

Business, Published on 10/04/2017

» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.

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BUSINESS

NFC chairman calls for farming reform

Business, Wichit Chantanusornsiri, Published on 14/11/2016

» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.

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BUSINESS

SEC hurries to acquire blockchain trading advantage

Business, Nuntawun Polkuamdee, Published on 07/11/2016

» The Securities and Exchange Commission (SEC) is studying the possibility of issuing licences for blockchain-based securities trading as it seeks to encourage the local stock market to gain first-mover advantage in the new technology race.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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BUSINESS

Two-year report: Could do better

Business, Post Reporters, Published on 23/05/2016

» After setting up the National Council for Peace and Order on May 23, 2014, Gen Prayut Chan-o-cha announced an ambitious mission: to "return happiness to the country" through economic, social and political reforms.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

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BUSINESS

Stocks rally after black monday as rate fears ease

Business, Published on 31/08/2015

» Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.