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BUSINESS

Huawei 5G test bed launched

Reuters, Published on 08/02/2019

» Authorities have launched a Huawei Technologies 5G test bed, even as the US urges its allies to bar the Chinese telecoms giant from building next-generation mobile networks.

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BUSINESS

KBank 2018 profit up 12%

Reuters, Published on 18/01/2019

» Kasikornbank has reported a 12% jump in 2018 profit on higher interest income, loan growth and better asset quality.

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BUSINESS

December exports unexpectedly fall 1.72% y-o-y

Reuters, Published on 21/01/2019

» Thailand's customs-cleared exports dropped for a second straight month in December, down 1.72% from a year earlier, as against analysts' forecast for a small rise, the Commerce Ministry said on Monday.

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BUSINESS

Krungthai Bank annual profit jumps 27%

Reuters, Published on 21/01/2019

» Krungthai Bank reported a 27% jump in annual profit on Monday due to loan growth and smaller provisions to cover bad loans.

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BUSINESS

Toyota: Total car sales to drop 3.8% in 2019

Reuters, Published on 22/01/2019

» Thailand's total domestic car sales are likely to fall 3.8% to 1 million units this year after a 19% jump in 2018, Toyota Motor Corp's Thai unit said on Tuesday.

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BUSINESS

December factory output rises 0.75%, slightly below forecast

Reuters, Published on 29/01/2019

» Thailand's manufacturing production index (MPI) in December rose 0.75% from a year earlier, led by higher production of cars, sugar and electronics, the Industry Ministry said on Tuesday.

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BUSINESS

Central bank seen hiking key rate for first time since 2011

Reuters, Published on 17/12/2018

» Thailand's central bank is expected on Wednesday to hike its key interest rate from near-record lows for the first time in more than seven years, a Reuters poll survey showed.

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BUSINESS

Cabinet approves B3.2-trillion budget for 2020

Reuters, Published on 08/01/2019

» The cabinet approved on Tuesday a budget of 3.2 trillion baht for the 2020 fiscal year that will begin on Oct 1, slightly higher than the current year's 3-trillion-baht budget.

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BUSINESS

Central bank holds rates again, but hike seen next month

Reuters, Published on 14/11/2018

» The central bank held its benchmark interest rate steady on Wednesday as expected, but a widening split on the decision-making committee bolstered views that next month it could tighten policy for the first time in more than seven years.

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BUSINESS

Asian shares in Nov post biggest monthly gains in 10 months

Reuters, Published on 03/12/2018

» Asian shares posted their biggest monthly gain in 10 months in November on hopes US-China trade tensions would ease and on expectations of fewer US rate hikes in the coming quarters.