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INVESTMENT

Upbeat ETF outlook spurs Ethereum

Business, Nuntawun Polkuamdee, Published on 24/05/2024

» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.

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GENERAL

Exports rebound to record 6.8% growth in April

Business, Phusadee Arunmas, Published on 24/05/2024

» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.

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GENERAL

Weak response to central bank's debt scheme

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.

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GENERAL

OR upbeat on prospects for rest of the year

Business, Yuthana Praiwan, Published on 24/05/2024

» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.

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GENERAL

An urgent mission for new bourse leader

Business, Soonruth Bunyamanee, Published on 24/05/2024

» The Stock Exchange of Thailand (SET) board resolved on May 15 to appoint Kitipong Urapeepattanapong as the 19th chairman of the bourse.

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GENERAL

Tourism revival spurs aviation tech

Business, Komsan Tortermvasana, Published on 24/05/2024

» An influx of tourist arrivals and their use of airport tech applications has benefited aviation technology and airport services projects.

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GENERAL

Thai banks record 1.2% loan growth

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.

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GENERAL

Thai Airways to get B12bn injection ahead of relisting

Business, Wichit Chantanusornsiri, Published on 24/05/2024

» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.

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INVESTMENT

GPF portfolio strategy shifts to handling risks

Business, Wichit Chantanusornsiri, Published on 24/05/2024

» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.

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GENERAL

Bangkok Land keen to develop 'smart' Muang Thong Thani

Business, Molpasorn Shoowong, Published on 23/05/2024

» SET-listed Bangkok Land wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable prices to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year.