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BUSINESS

Energy Absolute CEO accused of fraud

Reuters and Online Reporters, Published on 13/07/2024

» The Securities and Exchange Commission has accused the two top executives of the renewable energy firm Energy Absolute (EA) of procurement fraud that earned the perpetrators 3.5 billion baht.

BUSINESS

Baht appreciation pressured by significant challenges

Business, Somruedi Banchongduang, Published on 13/07/2024

» The Thai economy's lower potential growth, a weaker current account surplus and increased capital outflows are pressuring baht appreciation over the longer term, say economists.

BUSINESS

Risk appetite improves as US rate-cut hopes rise

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 13/07/2024

» RECAP: Most Asian stock markets struggled for direction yesterday, but were set to post weekly gains as risk sentiment got a boost after a surprisingly soft US inflation data fuelled bets for a September interest-rate cut.

BUSINESS

SET clawing its way back from four-year low

Business, Tisco Securities, Published on 13/07/2024

» The Stock Exchange of Thailand (SET) was sluggish in June as political turmoil hit the market midway through the month, dragging the index to its lowest point in almost four years at 1,281.87 points.