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BUSINESS

Booze industry wants strict ad curbs loosened

Post Reporters, Published on 17/08/2024

» The Thai Alcohol Beverage Business Association (Tabba) is urging the government to amend Section 32 of the Alcohol Control Act to get rid of its “overly strict” curbs on alcohol advertising.

BUSINESS

Gold tops $2,500 for first time

Bloomberg News, Published on 17/08/2024

» Gold has topped $2,500 an ounce for the first time, bolstered by hopes that the US Federal Reserve is edging closer to cutting interest rates.

BUSINESS

Less budget borrowing needed

Business, Wichit Chantanusornsiri, Published on 17/08/2024

» The Public Debt Management Office (PDMO) is unlikely to borrow the entire 805 billion baht it is permitted to utilise to offset the budget deficit, as there are sufficient treasury reserves, according to the office's chief.

BUSINESS

Neo Corporate eyes premium, export markets

Business, Molpasorn Shoowong, Published on 17/08/2024

» SET-listed Neo Corporate plans to focus on the premium market and exports for double-digit growth annually over the next five years, after registering revenue growth that beat the market average in all three categories of fast-moving consumer goods (FMCG) last year.

BUSINESS

New PM's policies under microscope

Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Nareerat Wiriyapong and Lamonphet Apisitniran, Published on 17/08/2024

» Business leaders are eager to know the direction of Thai economic policies after the Pheu Thai Party leader Paetongtarn Shinawatra was elected prime minister, which could cause a dramatic shift in the country's political landscape.

BUSINESS

Bangchak seeks Asean carbon trade

Business, Yuthana Praiwan, Published on 17/08/2024

» An initiative to develop a carbon credit market in Asean is taking shape as energy conglomerate Bangchak Corp has teamed up with Bursa Malaysia -- Malaysia's stock exchange -- to push ahead with the project.

BUSINESS

Asian shares rally on upbeat US outlook

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 17/08/2024

» RECAP: Asian stocks rallied on Friday as traders flocked back into risk assets after robust US jobs and retail sales data eased recession concerns.

BUSINESS

Industry sentiment up in July

Business, Lamonphet Apisitniran, Published on 17/08/2024

» The Thai Industries Sentiment Index (TISI) increased for the first time in four months to 89.3 points in July, driven by higher demand for food, medicine and cosmetic products, says the Federation of Thai Industries (FTI).

BUSINESS

Investors await clarity on cabinet, digital wallet

Bualuang Securities, Published on 17/08/2024

» The SET index plunged at midweek after the Constitutional Court ruled against Srettha Thavisin in an ethics case, removing him as prime minister.

BUSINESS

Centara awarded multiple accolades

Business, No Byline, Published on 17/08/2024

» Centara Hotels & Resorts (CHR) achieved an "outstanding performance" in Institutional Investor's 2024 Asia-Pacific (ex-Japan) Executive Team rankings, securing eight prestigious awards and showcasing its excellence in multiple categories.