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BUSINESS

TU profits fall 20.2% in Q1 from foreign turmoil

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.

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BUSINESS

Court accepts Pace's petition

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.

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BUSINESS

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.

BUSINESS

TMBAM initiates rebates for 4 cancelled funds

Business, Pathom Sangwongwanich, Published on 31/03/2020

» TMBAM Eastspring began allocating the first rebate of investors' money yesterday after terminating four fixed-income funds last week, with hopes the process will be completed within 90 days.

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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

BUSINESS

SET insists Polaris clarify shareholders' meeting

Business, Pathom Sangwongwanich, Published on 21/03/2020

» The Stock Exchange of Thailand (SET) has demanded that listed developer Polaris Capital Plc (POLAR) clarify information after the Court of Appeals issued a temporary injunction to prohibit the registrar from registering the current board of directors.

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BUSINESS

TU sees 2019 net profit rise by 0.5% year-on-year

Business, Pathom Sangwongwanich, Published on 18/02/2020

» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, saw its 2019 net profit rise by a mere 0.5% year-on-year amid a challenging sales environment and a one-time impairment expense.

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BUSINESS

LTV tweaks have minor effect

Business, Pathom Sangwongwanich, Published on 24/01/2020

» The recent tweaks to ease loan-to-value (LTV) regulations are expected to yield a limited impact in increasing property sales because of elevated household debt and banks' tighter loan approvals, say economic think tanks.

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BUSINESS

US mulls listing Thailand as currency manipulator

Business, Pathom Sangwongwanich, Published on 02/01/2020

» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).

BUSINESS

KTBST prepares for SET listing in 2020

Business, Pathom Sangwongwanich, Published on 26/12/2019

» KTB Securities Thailand (KTBST) plans to submit an IPO filing next year to list on the Stock Exchange of Thailand following completion of the company's business restructuring, with the launch of a personal loan and debt correction clinic unit scheduled for early 2020.