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INVESTMENT

Asian shares on course for third week of gains

Business, Published on 11/05/2024

» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.

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GENERAL

CGSI targets top 3 brokerage spot

Business, Nareerat Wiriyapong, Published on 11/05/2024

» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.

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GENERAL

Retailers promote AI-enabled PCs in the second half

Business, Suchit Leesa-nguansuk, Published on 11/05/2024

» Leading IT retail chains are capitalising on artificial intelligence (AI)-embedded PCs to increase sales growth in the second half of 2024.

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GENERAL

Central bank urged to take FIDF debt burden

Business, Wichit Chantanusornsiri, Published on 11/05/2024

» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.

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GENERAL

Gem exports eyed for uptick

Business, Phusadee Arunmas, Published on 11/05/2024

» Gem and jewellery exports are expected to grow by 5-10% this year amid global economic uncertainties, says a local trade group.

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GENERAL

Rayong tourism operators on edge

Business, Molpasorn Shoowong, Published on 11/05/2024

» Some fruit farms in Rayong reported tour cancellations after a chemical tank exploded on Thursday, while tourism operators called for an integrated plan for developing tourism and the industrial sector.

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GENERAL

Clawing back after a steep Songkran decline

Business, Published on 11/05/2024

» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.

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GENERAL

AAGI focuses on upper-end health plans

Business, Molpasorn Shoowong, Published on 10/05/2024

» Allianz Ayudhya General Insurance (AAGI) is planning to grow contributions from health insurance to 40% from 30% within five years, banking on the post-pandemic uptick in health consciousness as displayed by rising medical expenses and new products.

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GENERAL

TCP Group banking on overseas growth

Business, Kuakul Mornkum, Published on 10/05/2024

» TCP Group, the manufacturer and distributor of Krating Daeng (Red Bull), views the foreign market as having high growth potential as it monitors rising costs.

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GENERAL

Gas pipeline opens after years-long delay

Business, Yuthana Praiwan, Published on 10/05/2024

» Thailand's longest onshore gas pipeline has opened to facilitate gas transport for power plants and factories, following a delay related to the pandemic, says PTT president and chief executive Auttapol Rerkpiboon.