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BUSINESS

Fitch warns of steep path without tourists

Business, Pathom Sangwongwanich, Published on 08/10/2020

» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.

BUSINESS

Former IFEC boss hit with civil penalty

Business, Pathom Sangwongwanich, Published on 01/12/2018

» The Securities and Exchange Commission (SEC) has imposed a civil penalty on Suphanan Rittiphairoj, former chief executive of embattled Inter Far East Energy Corporation Plc (IFEC), on grounds of negligence of duty and dishonesty.

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BUSINESS

MPC details path to higher interest rate

Business, Pathom Sangwongwanich, Published on 29/11/2018

» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.

BUSINESS

Specialist argues for LTF deductions

Business, Pathom Sangwongwanich, Published on 20/10/2018

» A move to end the tax deductions for long-term equity funds (LTFs) could severely affect Thailand's stock market as the global stock market bull run is poised to dissipate in 2020, says a mutual fund specialist.

BUSINESS

SEC raps former IFEC boss

Business, Pathom Sangwongwanich, Published on 12/09/2018

» The Securities and Exchange Commission (SEC) has proceeded with a lawsuit against a former director of Inter Far East Energy Corporation Plc (IFEC) for insider trading.

BUSINESS

NMG reports hefty loss

Business, Pathom Sangwongwanich, Published on 28/08/2018

» SET-listed Nation Multimedia Group Plc (NMG) posted a consolidated net loss of 2.16 billion baht last year because of lower advertising revenue, higher expenses and recognition of impairment losses of digital terrestrial TV licences.

BUSINESS

GL share price jumps 29%

Business, Pathom Sangwongwanich, Published on 02/08/2018

» The share price of SET-listed Group Lease Plc (GL) soared yesterday after a Singaporean audit firm said it had found no evidence of irregularities in the company's loan transactions.

BUSINESS

PTTEP posts 21% Q1 net profit on oil prices, higher baht

Business, Pathom Sangwongwanich, Published on 27/04/2018

» SET-listed PTT Exploration and Production Plc (PTTEP), an oil and gas drilling firm, posted a substantial rise in net profit buoyed by higher global oil prices and lower income tax expenses resulting from the baht appreciation.