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BUSINESS

Risk appetite sapped by trade war worries

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 12/04/2025

» RECAP: Stocks in Asian emerging markets slipped yesterday as anxiety over tariff uncertainty and the broader fallout from an escalating US-China trade war prompted a pullback from riskier assets. But there was relief for regional currencies as the US dollar fell below 100 against a basket of major units for the first time since July 2023.

THAILAND

King Power Unveils Epic Songkran Beach Festival

Published on 11/04/2025

» King Power Group, a leading travel retail operator, is turning up the heat this summer with the RANGNAM SONGKRAN FESTIVAL “EPIC FUN”, running from 10 to 15 April 2025 at King Power Rangnam. Promising the Ultimate BEACH! Experience, this six-day extravaganza blends Thai culture with world-class entertainment, transforming Rangnam into a vibrant hub of music, food, games, shopping, and unforgettable celebrations.

THAILAND

Bangkok Life Assurance Unveils 2025 Business Direction

Published on 11/04/2025

» Bangkok Life Assurance Public Company Limited (BLA) has announced its strategic direction for 2025, building on strong performance in the previous year. With premium growth across all distribution channels, the company now introduces a comprehensive 6Ps corporate strategy under the theme ‘2025: The Year of Care’, reaffirming its vision to become “The Most Caring Brand” and promoting sustainable well-being for Thai society.

SPORTS

Man Utd and Spurs draw in Europa League, Rangers hold Athletic

AFP, Published on 11/04/2025

» PARIS — Manchester United conceded in stoppage time to draw 2-2 away to Lyon on a bad night for goalkeeper Andre Onana in the first leg of their Europa League quarter-final on Thursday, while Tottenham Hotspur drew 1-1 with Eintracht Frankfurt and Rangers held Athletic Bilbao.

BUSINESS

Investors still deemed bearish

Business, Post Reporters, Published on 11/04/2025

» The Federation of Thai Capital Market Organizations' (Fetco) investor confidence index (ICI) remained in the bearish zone last month, with the local economic slowdown, the trade war, and international conflicts being the main factors limiting confidence.

BUSINESS

Thai economy put at risk by surge in zero-dollar exports

Business, Somruedi Banchongduang, Published on 11/04/2025

» The government is being urged to address zero-dollar exports and investments from China, as they are expected to intensify due to the US tariff measures.

WORLD

Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion

AFP, Published on 10/04/2025

» MILAN (ITALY) - Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.

BUSINESS

Prada buys Versace for $1.38bn to form Italy luxury leader

Bloomberg, Published on 10/04/2025

» Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.

BUSINESS

SET to use circuit breakers if stocks plunge

News, Nuntawun Polkuamdee, Published on 10/04/2025

» The Stock Exchange of Thailand (SET) says it is monitoring the escalating trade war and stands ready to deploy circuit breakers should the situation worsen.