Showing 1 - 10 of 75
Investors urged to buy gold as price surges
Business, Nuntawun Polkuamdee, Published on 18/07/2025
» DBS Vickers Securities recommends investors increase their exposure to gold and reduce their allocation of government bonds from developed economies, predicting the bullion price will hit US$3,765 an ounce by the fourth quarter of this year.
Executives advise caution for EV insurers
Business, Nuntawun Polkuamdee, Published on 09/06/2025
» Thailand's non-life insurance sector is on high alert as reports circulate that a Chinese electric vehicle (EV) manufacturer active in the Thai market may face bankruptcy, hinting that EV insurance is already a loss-making business.
Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
China's EV sector reaches 10 million production milestone, overcapacity fears deepen
South China Morning Post, Published on 15/11/2024
» China's electric vehicle (EV) sector reached yet another milestone as annual production volume surpassed the 10-million-unit threshold amid mounting worries about overcapacity.
Saudis partner with Central in UK retailer Selfridges
Bloomberg News, Published on 08/10/2024
» Saudi Arabia’s Public Investment Fund (PIF) is set to become a minority partner in the UK department-store chain Selfridges, controlled by Thailand’s Central Group, after buying out the position of the insolvent Signa Group.
Hotels to seek damages from FTI collapse
Business, Molpasorn Shoowong, Published on 06/08/2024
» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.
Vietnam Airlines becomes world’s best-performing airline stock
Bloomberg, Published on 11/07/2024
» A surprise return to profit has propelled Vietnam Airlines to become the world’s best performing airline stock this year, shrugging off the risk of bankruptcy as the company’s post-pandemic recovery finally picks up momentum.
Vietnam Airlines gets debt reprieve
Bloomberg News, Published on 29/06/2024
» The National Assembly in Hanoi has approved an extension for Vietnam Airlines’ 4 trillion dong ($157 million) in state-backed loans through July 2027 to give the financially struggling national carrier time to reorganise its operations, according to information from the parliament.
Hotels fret as another German firm goes kaput
Business, Narumon Kasemsuk, Published on 25/06/2024
» Another tour firm in Germany has filed for bankruptcy, but the impact should be minimal compared with the recent FTI insolvency, according to the Thai Hotels Association (THA).
AWC allots B10bn for Phenix
Business, Molpasorn Shoowong, Published on 17/06/2024
» SET-listed Asset World Corp (AWC) has launched Phenix, a 10-billion-baht wholesale and retail food centre, to capture consistent demand in the tourism and food segments.