Showing 1-10 of 13 results
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New THAI boss envisions turnaround
Business, Chatrudee Theparat, Published on 09/10/2018
» Sumeth Damrongchaitham, 53, was officially appointed last month as president of Thai Airways International Plc (THAI).
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Finance Ministry to hold 99% of IBank
Business, Chatrudee Theparat, Published on 31/05/2018
» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.
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Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
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Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
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Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
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Set moves ahead as dow hits 20,000 point milestone
Business, Published on 30/01/2017
» Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.
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Undersea cable plan axed
Business, Published on 17/09/2016
» The government has finally ordered the termination of the 5-billion-baht national submarine cable construction project after clearly proving that it violates the Budget Bureau's procurement rules.
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Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
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Uttama urges TOT, CAT reform
Business, Komsan Tortermvasana, Published on 12/10/2015
» The two telecom state enterprises must seriously reform themselves into a network sharing provider by aggregating telecom assets and developing an infrastructure pool to generate a new revenue stream after the end of the concession era, says the ICT Minister.
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AoT: Politicians need not apply for top job
Business, Boonsong Kositchotethana, Published on 14/10/2014
» Airports of Thailand Plc (AoT) began the process of seeking a new chief executive yesterday with the new prerequisites barring applicants with political affiliations.
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