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Showing 1-10 of 16,454 results
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Sky ICT set to acquire SAMCO for B500m
Business, Komsan Tortermvasana, Published on 17/07/2023
» SET-listed aviation technology company Sky ICT plans to acquire a 100% stake in Siam Administrative Management and Security Guards Co (SAMCO), a Thai security service.
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Thailand affirmed at BBB+, outlook stable
Business, Published on 15/07/2023
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:
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Oil Prices Predicted to Recover Amidst Global Economic Rebound
Published on 14/07/2023
» The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a consensus was reached to reduce crude oil production by 2 million barrels per day until the end of 2023. Additionally, several countries, including Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Iraq, Algeria, Kazakhstan, and Gabon, volunteered to implement additional production cuts totalling 1.16 million barrels per day from May to December 2023. Furthermore, Russia extended its planned production cut by 500,000 barrels per day from March to June 2023 until December 2023. As a result, the total production reduction from May to December 2023 stands at 3.66 million barrels per day.
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Tourism operators jittery over protests
Business, Molpasorn Shoowong, Published on 14/07/2023
» Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible.
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Investors advised to await clearer political signals
Business, Published on 14/07/2023
» Investors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts.
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Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
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ALL NEW! Advanced Laser Lipo & Latest Body Contouring and Fat Reduction Laser Technologies
Published on 14/07/2023
» In-depth Exclusive Interview
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Volatile politics set to hit economy
Business, Somruedi Banchongduang, Published on 12/07/2023
» Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.
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SET requires update from Nusasiri as auditor baulks
Business, Nuntawun Polkuamdee, Published on 12/07/2023
» The Stock Exchange of Thailand (SET) is warning investors to study Nusasiri Plc (NUSA) investment information carefully after its auditor raised an issue about the complexity of the structure of a hotel Nusasiri intended to buy, as well as its business licence in Germany.
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Malaysia seeks to revive high-speed rail line
Published on 11/07/2023
» KUALA LUMPUR: Malaysia is seeking proposals from private companies to develop a high-speed railway between Kuala Lumpur and Singapore, reviving a multi-billion-dollar project called off more than two years ago.
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