Showing 1 - 10 of 37
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.
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.
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.
TAT to assist tourists stranded by FTI
Business, Narumon Kasemsuk, Published on 14/06/2024
» The Tourism Authority of Thailand (TAT) has pledged to help stranded tourists affected by the bankruptcy of major German tour operator FTI Group, while continuing to work with government officials to ensure hotels receive payments from the company.
Central gets behind KaDeWe
Business, Published on 31/01/2024
» Central Group, a majority shareholder in the KaDeWe Group GmbH, the operator of luxury department stores in Germany, has issued a statement about the self-administration insolvency proceedings granted to KaDeWe Group GmbH.
India's Go First airline gains bankruptcy protection
Business, Arpan ChaturvediAditi ShahAditya Kalra, Published on 11/05/2023
» NEW DELHI: An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's fourth-largest carrier attempt to revive itself but complicate foreign lessors' efforts to repossess their planes.
Recovery unabated amid uncertainty
Business, Krishna Srinivasan and Corinne Delechat, Published on 09/05/2023
» Asia and the Pacific remains a dynamic region despite the challenging year for the world economy.