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BUSINESS

Waiting for the dominoes to fall

Business, Post Reporters, Published on 17/07/2023

» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.

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BUSINESS

Companies on edge regarding delay

Business, Post Reporters, Published on 13/07/2023

» The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.

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BUSINESS

Thai Credit banks $105m IFC loan

Business, Post Reporters, Published on 06/07/2023

» International Finance Corp (IFC), a unit of the World Bank Group, is providing a US$105-million loan to Thai Credit Retail Bank Plc (Thai Credit) to support female entrepreneurs in Thailand.

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BUSINESS

DIF Web Portal ushers in electronic bond offerings

Business, Post Reporters, Published on 30/06/2023

» The Stock Exchange of Thailand (SET) has joined forces with the Association of Thai Securities Companies and the Thai Bankers' Association to launch a digital infrastructure for fully electronic end-to-end bond offerings.

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BUSINESS

Horns of a dilemma

Business, Post Reporters, Published on 26/06/2023

» With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.

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BUSINESS

Stark stalls on debt deal negotiations

Business, Post Reporters, Published on 23/06/2023

» Stark Corporation, the SET-listed and financially troubled wire and cable manufacturer, has insisted it will not pay any debts until the company reaches agreements with every bondholder and creditor about the repayment methods.

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BUSINESS

Drowning in debt

Business, Post Reporters, Published on 19/06/2023

» Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

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BUSINESS

Allianz Ayudhya posts strong Q1 results

Business, Post Reporters, Published on 09/06/2023

» Allianz Ayudhya Assurance recorded strong business growth in the first quarter this year, with annualised new premiums (ANP) surging 21% year-on-year, putting the life insurance firm on track to achieve its gross written premiums (GWP) target of 37.7 billion baht this year.

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BUSINESS

SET orders progress update on Stark reports

Business, Post Reporters, Published on 10/06/2023

» The Stock Exchange of Thailand (SET) has told Stark Corporation to clarify its progress regarding preparation of its 2022 financial statement and a special audit report, as well as issues surrounding the company's bond payment defaults.

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BUSINESS

Timeline unnerves some sectors

Business, Post Reporters, Published on 05/06/2023

» The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.