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INVESTMENT

Analysts expected to raise bourse's year-end target

Business, Nuntawun Polkuamdee, Published on 10/09/2024

» The Investment Analysts Association (IAA) is expected to revise up the Stock Exchange of Thailand (SET) end of year target from the current estimate of 1,460 points, boosted by the launch of the Vayupak Fund and Thai ESG Fund, along with the new government's stimulus measures.

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PROPERTY

RML sure it can make full bond repayment

Business, Nareerat Wiriyapong, Published on 10/09/2024

» SET-listed luxury property developer Raimon Land Plc (RML) is confident it can fully repay 406 million baht worth of bonds next week, with the remaining 118 million baht set to be redeemed by Sept 20.

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GENERAL

Economy depresses visitor numbers at city waterpark

Business, Molpasorn Shoowong, Published on 10/09/2024

» Siam Amazing Park has admitted its new retail zone attracted fewer new tenants than expected, mainly attributed to sluggish spending in the domestic market, although the Mice (meetings, incentives, conferences and exhibitions) segment is picking up, thanks to government sector spending.

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GENERAL

Centara to open new Maldives hotel in November

Business, Published on 10/09/2024

» Thailand's leading hotel operator Centara Hotels & Resorts is slated to open Centara Mirage Lagoon Maldives in November as part of the company's future growth strategy, which was announced earlier this year.

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GENERAL

Draft of spectrum rejig for aviation wins nod

Business, Komsan Tortermvasana, Published on 10/09/2024

» The board of the National Broadcasting and Telecommunications Commission (NBTC) has unanimously approved a draft of spectrum reallocation rules to support the commercial aviation industry to ensure greater practical usage of spectrum in line with global standards and safety requirements.

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GENERAL

MR. D.I.Y. kicks off listing process

Business, Published on 10/09/2024

» MR. D.I.Y. Holding (Thailand), a fast-growing general home improvement and lifestyle retailer, has filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).

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GENERAL

Baht volatility against the dollar exceeds regional peers

Business, Somruedi Banchongduang, Published on 10/09/2024

» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.

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GENERAL

Measures afoot to aid loan defaulters

Business, Wichit Chantanusornsiri, Published on 10/09/2024

» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.

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MOTORING

Car sales set to improve in second half

Business, Lamonphet Apisitniran, Published on 10/09/2024

» Sluggish domestic car sales are expected to improve in the second half as banks are likely to relax lending criteria in granting auto loans, says the Federation of Thai Industries (FTI).

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GENERAL

SIAM AI puts focus on advanced technology in Thailand

Business, Published on 10/09/2024

» SIAM AI has become the country's first Thai-owned Nvidia Cloud Partner (NCP), marking a significant milestone in driving the artificial intelligence (AI) revolution and shaping the country's technological future.