Showing 1 - 10 of 110
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
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.
SCB expects panel to cut policy rate to 1%
Business, Wichit Chantanusornsiri, Published on 22/12/2025
» Siam Commercial Bank (SCB) expects the Monetary Policy Committee (MPC) to cut the policy rate to 1% by the first half of next year to support inflation and mitigate debt deflation risks.
Interest evergreen for prime real estate
Business, Kanana Katharangsiporn, Published on 06/11/2025
» Despite a 41% plunge in the total value of land transactions nationwide -- the lowest in 15 years and occurring during an economic slowdown -- land prices in Bangkok's central business district (CBD) continued to climb, with Sukhumvit recording the sharpest increase at 10%.
Regional markets dip on valuation concerns
Business, Nuntawun Polkuamdee, Published on 11/10/2025
» RECAP: Asian equities declined on Friday after a rally in US stocks stalled amid concern that valuations have become stretched, especially for technology companies, following a relentless surge.
Attack on Iran puts pressure on Thai stocks
Business, Nuntawun Polkuamdee and Wichit Chantanusornsiri, Published on 24/06/2025
» The Stock Exchange of Thailand (SET) is on high alert as the US bombing of Iran has raised fears of further attacks and intensifying conflict in the Middle East, leading global oil prices to spike.
Krungsri cuts SET outlook to 1,418
Business, Nuntawun Polkuamdee, Published on 11/06/2025
» Krungsri Research has lowered its year-end Stock Exchange of Thailand (SET) index target to 1,418 points from a previous forecast of 1,660, reflecting a more conservative view of Thailand's economy, lower corporate earnings than expected, and global trade-related risks.
Bualuang Securities reports net profit of B859m
Business, Nuntawun Polkuamdee, Published on 06/03/2025
» Bualuang Securities (BLS) recorded a net profit of more than 850 million baht last year, driven by interest income and an expanded revenue base from new investment products, despite market volatility and lower securities trading fees.
Unwinding the Dr Boon scandal
Business, Nuntawun Polkuamdee, Published on 14/12/2024
» Investor confidence was still recovering from recent stock market manipulations when a high-profile investment scam involving Dr Boon Vanasin, an 86-year-old hospital veteran, sent shockwaves throughout Thailand's business arena, causing damages of nearly 8 billion baht.
Thonburi Healthcare Group denies role in B7.5bn fraud case
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 26/11/2024
» SET-listed Thonburi Healthcare Group (THG) has denied involvement in the alleged multi-billion-baht fraud involving its founder and former chairman Boon Vanasin, his wife and a daughter, saying the case does not affect its business or operations.