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GENERAL

UOB waives cardholders' fees, interest

Business, Somruedi Banchongduang, Published on 15/06/2024

» UOB Thailand has waived interest and fees for credit cardholders affected by the bank's payment apportionment system.

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GENERAL

Developing a strategy resilient to risk

Business, Wichit Chantanusornsiri, Published on 15/06/2024

» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.

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GENERAL

SET approaching 4-year low on political turmoil

Business, Published on 15/06/2024

» The Stock Exchange of Thailand traded sideways throughout the month of May. After touching 1,400 points in April, the SET index never got close to that level again.

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GENERAL

TAT bullish on casino investment

Business, Published on 15/06/2024

» Thailand stands a good chance of attracting investments in entertainment complexes as MGM China Holdings is looking for new overseas investments, according to the Tourism Authority of Thailand (TAT).

GENERAL

SET board appoints new president

Business, Published on 15/06/2024

» Asadej Kongsiri, an executive at accounting firm Deloitte Thailand, was selected by the Stock Exchange of Thailand's (SET) board yesterday to become the SET's 14th president, succeeding Pakorn Peetathawatchai, whose term ends in September.

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GENERAL

Asian equities mixed despite gains in Japan

Business, Published on 15/06/2024

» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.

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GENERAL

TFEX deal to publish standardised rubber reference prices

Business, Nuntawun Polkuamdee, Published on 14/06/2024

» Thailand Futures Exchange (TFEX) has signed a memorandum of understanding (MoU) with the Rubber Authority of Thailand (RAOT) to jointly establish standardised rubber reference prices for both domestic and international players.

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GENERAL

Siam Piwat, Korean firm align for privilege scheme

Business, Published on 14/06/2024

» Siam Piwat Group, the mall operator and joint venture partner of Siam Premium Outlets Bangkok, is joining forces with Hyundai Department Store, a developer of department store chains in South Korea, to advance the Global Privilege Partnership.

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MOTORING

Association sees uptick in used car market

Business, Lamonphet Apisitniran, Published on 14/06/2024

» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.

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GENERAL

UOB responds to central bank directive

Business, Somruedi Banchongduang, Published on 14/06/2024

» UOB Thailand plans to cancel its payment apportionment system for credit cards by the end of this month to comply with the Bank of Thailand's directive.