Showing 1 - 10 of 14
Local consumer gold demand growth highest in Asean
Business, Published on 08/11/2024
» Consumer gold demand in Thailand continues to show the highest growth among Asean countries for the second consecutive quarter, according to the World Gold Council (WGC).
Siam Piwat unveils Korean fashion tie-up
Business, Pitsinee Jitpleecheep, Published on 30/11/2023
» Siam Piwat Co, the operator of Siam Discovery, has teamed up with Shinsegae, the leading South Korean luxury department store, to offer popular Korean fashion labels at the mall to enhance its status as a Korean hub and entice younger shoppers.
Mixed picture for gold
Business, Published on 16/05/2023
» While global gold demand excluding over-the-counter (OTC) was 13% lower year-on-year in the first quarter, a recovery in the OTC market propped up total demand to 1,174 tonnes, a 1% increase compared to the first quarter of 2022, according to the World Gold Council (WGC).
Gold outlook remains plated in mystery
Business, Sirinnaree Ongsakul and Nuntawun Polkuamdee, Published on 20/02/2023
» Gold is perceived as a safe-haven asset, a long-term investment and a hedge against uncertainty in the global economy and geopolitics.
Local gold demand seen as muted
Business, Sirinnaree Ongsakul, Published on 03/02/2023
» Gold demand in Thailand is likely to pull back this year after rising 3% in 2022 as consumers are concerned about a global economic slowdown, according to the World Gold Council.
Thai gold demand sinks
Business, Published on 13/05/2022
» Consumer demand for gold in Thailand fell 54% year-on-year to 3.8 tonnes in the first quarter, from 8.3 tonnes in the first quarter of 2021, as high prices weighed on sentiment, according to the World Gold Council (WGC).
A&W restaurant chain to close
Business, Pitsinee Jitpleecheep, Published on 09/03/2022
» The legendary A&W fried chicken restaurant chain is to close on March 20 after almost four decades, after its SET-listed parent Global Consumer Plc (Glocon) threw in the towel because of accumulated losses and the impact of the Covid-19 pandemic.
Thai gold demand recovering
Business, World Gold Council, Published on 04/02/2022
» Consumer demand for gold in Thailand reached 12 tonnes in the fourth quarter of 2021, up 44% from the previous quarter and bringing the full-year total to 37 tonnes, reversing a year of net sales in 2020, according the World Gold Council.
Glocon sees first profit in nine years
Business, Pitsinee Jitpleecheep, Published on 12/08/2021
» SET-listed food company Global Consumer (Glocon), the operator of the A&W fast food chain, posted a profit in the second quarter for the first time in more than nine years.
Rich Americans Borrow to Live Off Their Paper Wealth
Business, Rachel Louise Ensign & Richard Rubin, Published on 13/07/2021
» Rising stocks and rock-bottom interest rates have delivered a big perk to rich Americans: cheap loans that they can use to fund their lifestyles while minimizing their tax bills.