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BUSINESS

Six launch growth plan

Business, Post Reporters, Published on 16/09/2014

» Thailand's newly appointed economic ministers yesterday outlined a policy platform aimed at boosting short-term growth and rebuilding confidence while also tackling longer-term structural reforms, narrowing economic inequality and wiping out corruption.

BUSINESS

China rate cut spurs stocks but set struggles

Business, Nuntawun Polkuamdee, Published on 18/05/2015

» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.

BUSINESS

Mers and air safety concerns push down SET

Business, Published on 22/06/2015

» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

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BUSINESS

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.