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Search Result for “plunged”

Showing 1 - 10 of 514

BUSINESS

Tobacco Authority of Thailand targets B1.2bn in export revenue

Business, Wichit Chantanusornsiri, Published on 14/02/2026

» The Tobacco Authority of Thailand aims to boost exports this year, aiming to raise its cigarette export revenue to 1.2 billion baht, up from 800 million baht in 2025.

BUSINESS

Asian shares steady after earlier tech-led sell-off

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/02/2026

» RECAP: Asian equities regained some stability on Friday after early losses, indicating that selling pressure may be easing following a tech rout that battered Wall Street for three days amid unease about an AI bubble.

BUSINESS

Trump's Fed nominee sparks global sell-off

Business, Nuntawun Polkuamdee, Published on 03/02/2026

» Market participants continue to view gold prices as being in a long-term uptrend, despite recent volatility triggered by US President Donald Trump's confirmation of Kevin Warsh as his nominee for the next Federal Reserve chair.

BUSINESS

Executive publishes warning for the SET

Business, Nuntawun Polkuamdee, Published on 22/01/2026

» Thailand's stock market is edging dangerously close to a critical point, underscoring the urgent need to restore investor confidence and market liquidity, notes the chief of the Investment Analysts Association (IAA), calling for swift and decisive support from the government.

BUSINESS

Asian shares rangebound as investors await US news

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 10/01/2026

» RECAP: Asian equities traded in a narrow range on Friday after two days of losses, as investors awaited US economic data and a possible Supreme Court ruling on President Donald Trump's tariffs later in the day.

BUSINESS

SET continues to decline towards year-end

Business, Tisco Securities, Published on 13/12/2025

» The Stock Exchange of Thailand underperformed again in November. At the beginning of the month, big-cap Delta Electronics helped push the SET Index up beyond 1,300 points. In the second week, the longer-than-expected US government shutdown was a drag on sentiment globally and locally. DELTA and commerce stocks plunged, bringing the SET down almost 6%.

BUSINESS

Domestic airfares continue to decrease

Business, Narumon Kasemsuk, Published on 04/12/2025

» Despite a dispute over expensive airfares to flood-stricken Hat Yai, average domestic ticket prices this year continued to decline, as low-cost carriers fled from underperforming Chinese routes to add domestic flights and avoid competition with state-backed Chinese airlines.

BUSINESS

Centara targets 15% revenue growth

Business, Molpasorn Shoowong, Published on 27/11/2025

» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.

BUSINESS

Operators seek to build trust among travellers

Business, Molpasorn Shoowong, Published on 17/11/2025

» Tourism operators have launched the "Trusted Thailand" mark in an effort to restore confidence among travellers, while urging the government to prepare marketing campaigns ahead of Chinese New Year 2026 and address recurring issues such as the Thai-Cambodian border conflict.

BUSINESS

Debt sales down 56% as banks wait

Business, Somruedi Banchongduang, Published on 13/11/2025

» Bad debt sales in the banking industry plunged by more than 50% during the first nine months of this year, as both banks and asset management companies (AMCs) adopted a wait-and-see approach ahead of the government's new debt resolution scheme.