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BUSINESS

MGC-Asia morphs into a lifestyle mobility company

Business, Nareerat Wiriyapong, Published on 10/06/2023

» SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.

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BUSINESS

Stark shares return from SET suspension for one month

Business, Nareerat Wiriyapong, Published on 30/05/2023

» Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock Exchange of Thailand (SET).

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BUSINESS

Investors fret as Chinese factories decelerate

Business, Nareerat Wiriyapong, Published on 01/06/2023

» Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.

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BUSINESS

Analysts anticipate more rate hikes

Business, Nareerat Wiriyapong, Published on 03/06/2023

» The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.

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BUSINESS

SCB CIO sees limited impact from stimulus steps

Business, Nareerat Wiriyapong, Published on 25/05/2023

» The potential impact of the new government's stimulus measures on the economy is likely to be limited, while the stock market has already factored in risks related to political issues, says the SCB Chief Investment Office (SCB CIO).

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BUSINESS

Stocks rise as political fears subside

Business, Nareerat Wiriyapong, Published on 19/05/2023

» The Stock Exchange of Thailand (SET) returned to positive territory on Thursday after falling for three consecutive days following Sunday's election, with the victorious Move Forward Party (MFP) announcing a plan to form a coalition government with 313 members of parliament.

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BUSINESS

Fitch upbeat on post-poll outlook for bank sector

Business, Nareerat Wiriyapong, Published on 18/05/2023

» Pro-growth policies and the absence of protests after the election are positive signs for Thai banks and the economy, but uncertainties remain as the winning parties try to form a coalition government, says global financial information provider Fitch Group.

BUSINESS

Analysts upbeat on Thai growth outlook

Business, Nareerat Wiriyapong, Published on 17/05/2023

» Thailand's economic growth is expected to accelerate in the final nine months of this year, even as the global economy teeters near a recession, thanks partly to a lift following the May 14 election, analysts say.

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BUSINESS

Roughly 60% of people in Asia-Pacific work a side job

Business, Nareerat Wiriyapong, Published on 12/05/2023

» Almost 60% of people in Asia-Pacific have a side job, with the majority saying they do so to make ends meet, according to a recent survey from global health and wellness company Herbalife.

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BUSINESS

Condo-backed RealX token to debut on TDX

Business, Nareerat Wiriyapong, Published on 11/05/2023

» The RealX condo-backed token is on course to become the first digital asset to be traded on the Thai Digital Assets Exchange (TDX) later this quarter, with the aim of mobilising up to 3.5 billion baht, say executives.