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Showing 1 - 10 of 158

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» NEW YORK - US luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» WASHINGTON — United States luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

BUSINESS

Bond market steady, but risks remain

Business, Nuntawun Polkuamdee, Published on 08/01/2026

» Thailand's bond market is expected to remain stable in 2026, with corporate bond issuance projected at 900 billion baht, reflecting corporates' reliance on the debt market amid subdued economic growth and expectations of easing interest rates, says the Thai Bond Market Association (ThaiBMA).

BUSINESS

Brokerage expects SET to rise 5% by year-end

Business, Nuntawun Polkuamdee, Published on 30/10/2025

» Asia Plus Securities (ASPS) has maintained its Thai stock market index estimate for year-end 2025 at 1,376 points, about 5% higher than it is now, expecting foreign fund inflows to gradually return as the global interest rate downtrend begins, although an artificial intelligence (AI) bubble in overheated US tech stocks could trigger volatility.

BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

BUSINESS

Kasikornbank scraps key profit target amid weak economy

Bloomberg News, Published on 02/09/2025

» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.

BUSINESS

Bad loan risk rising in four key business sectors

Somruedi Banchongduang, Published on 15/08/2025

» Four key business sectors in Thailand are showing signs of weaker debt repayment capabilities, with the challenge likely to extend to larger business operators, according to Kasikorn Research Center (K-Research).

BUSINESS

Industrial property fund receives B1.1-billion investment

Business, Nuntawun Polkuamdee, Published on 17/07/2025

» AIM Group has announced an additional investment of 1.1 billion baht in the AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust (AIMIRT), bringing total investment in the fund to 14.1 billion baht.

BUSINESS

ThaiBMA reveals growing trend of bond defaults, delays

Business, Nuntawun Polkuamdee, Published on 07/07/2025

» The Thai Bond Market Association (ThaiBMA) has revealed a growing trend of bond payment defaults and delays in 2025, particularly among small-cap issuers facing liquidity challenges due to Thailand's economic slowdown.

BUSINESS

IMF pushes for stronger Thai financial security

Business, Somruedi Banchongduang, Published on 11/04/2025

» The International Monetary Fund (IMF) is urging Thailand to strengthen household financial security to mitigate the country's persistently high household debt.