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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

BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.

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GENERAL

Retailers promote AI-enabled PCs in the second half

Business, Suchit Leesa-nguansuk, Published on 11/05/2024

» Leading IT retail chains are capitalising on artificial intelligence (AI)-embedded PCs to increase sales growth in the second half of 2024.

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GENERAL

CGSI targets top 3 brokerage spot

Business, Nareerat Wiriyapong, Published on 11/05/2024

» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.

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GENERAL

Gold traders eye $2,500 this year amid frenzied buying

Business, Nareerat Wiriyapong, Published on 07/05/2024

» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.

GENERAL

Cybercriminals using AI for attacks

Business, Suchit Leesa-nguansuk, Published on 27/04/2024

» Cyber-attacks will increasingly use artificial intelligence (AI) to speed up their post-exploitation activities at targeted organisations, according to Palo Alto Networks.

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GENERAL

Policymakers set to prepare more AI rules

Business, Suchit Leesa-nguansuk, Published on 25/04/2024

» Policymakers will draw up more new artificial intelligence (AI) rules to prevent the violation of AI ethics and promote AI development through good governance and planned guidelines for generative AI.

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GENERAL

Evaluating the progress of 'quick win' projects

Business, Published on 22/04/2024

» Many digital projects being developed under the Digital Economy and Society (DES) Ministry's "quick win" policy for 2024 are on track, thanks to cooperation from related agencies.

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GENERAL

Indorama allots $1.89bn capex for 3 years

Business, Nareerat Wiriyapong, Published on 19/04/2024

» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.

GENERAL

Axa turns to M&A deals to generate Thai growth

Business, Nareerat Wiriyapong, Published on 17/04/2024

» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.