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  • MOTORING

    Electric car sales to rise but affordability in focus, IEA says

    Reuters, Published on 23/04/2024

    » LONDON - Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.

  • PROPERTY

    Minimum wage hits construction prices

    Business, Kanana Katharangsiporn, Published on 23/04/2024

    » The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.

  • GENERAL

    War worries put pressure on baht

    Business, Nareerat Wiriyapong, Published on 23/04/2024

    » The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre (K-Research).

  • GENERAL

    Sport events to buoy Samsung TV sales

    Business, Published on 23/04/2024

    » South Korean corporation Samsung is banking on big sporting events to boost TV sales in Thailand amid the high level of household debt and an intense price war.

  • THAILAND

    Fun-O and Tivoli Clinch Influential Brands Award

    Published on 23/04/2024

    » URC (Thailand) Co., Ltd., renowned for distributing beloved snacks under the Jack 'n Jill brand, proudly announces that its leading products, "Fun-O" and "Tivoli," have secured the prestigious "2023 Top Influential Brands Award for the Most Influential Brands of the Year." These brands have won over consumers in the biscuit and wafer categories, respectively. The awards are based on a comprehensive survey of consumer opinions across the Asia-Pacific region, conducted by Influential Brands Singapore in collaboration with Neo Target Co., Ltd. Porntip Leelalertwong, Marketing Director at URC (Thailand) Co., Ltd., graciously accepted the awards on behalf of the company.

  • GENERAL

    Bank profits underwhelm in Q1

    Business, Somruedi Banchongduang, Published on 23/04/2024

    » Commercial banks booked marginal profit growth in the first quarter of this year, largely influenced by the decreased profitability of small to mid-sized banks thanks to higher provision for loan loss reserves.

  • GENERAL

    Tisco sees high-yield lending strategy spurring NPLs

    Business, Somruedi Banchongduang, Published on 23/04/2024

    » Tisco Bank expects its non-performing loans (NPLs) to rise this year as the bank focuses on high-yield loans in an effort to enhance returns.

  • INVESTMENT

    All eyes on first-quarter earnings

    Business, Published on 23/04/2024

    » We are entering the seventh month in which the Thai stock market is in limbo and stuck in sideways mode. Sentiment for global risk assets in general continues to be influenced by external macro factors such as:

  • OPINION

    Your allergies really are getting much worse

    News, Published on 23/04/2024

    » If you've sensed that your allergies are getting worse each year, it's not your imagination: Allergy season in the US is getting longer and more intense. You can thank climate change for your misery. And yet we're not doing enough -- to slow down climate change, of course, but to recognise and respond to its very clear health effects.

  • GENERAL

    SET bounces back as war fears ease

    Business, Nuntawun Polkuamdee, Published on 23/04/2024

    » The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.

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