Showing 1 - 9 of 9
SET falls to 3-week closing low, Indonesia stocks plunge
Bangkok Post and Reuters, Published on 08/05/2018
» The Stock Exchange of Thailand dropped to a three-week closing low on Tuesday, while while Indonesian stocks fell nearly 2% to their lowest close in nine months.
North America 2026 World Cup bid vows record profit
AFP, Published on 08/05/2018
» BRUSSELS: Leaders of North America's bid for the 2026 World Cup urged FIFA voters to ignore the "politics of the moment" on Tuesday as they promised to deliver a record-breaking multi-billion-dollar profit for the global football showpiece.
Japan's Takeda to buy Shire in record $62.5 bn deal
AFP, Published on 08/05/2018
» TOKYO - Drug giant Takeda on Tuesday said it would buy Irish pharmaceuticals firm Shire in a deal worth $62.5 billion, the biggest foreign takeover ever by a Japanese firm.
BoT pegs losses to strong baht mitigation
Business, Pathom Sangwongwanich, Published on 08/05/2018
» The Bank of Thailand has attempted to allay concerns about its accumulated losses by clarifying that they stem from its financial operations to mitigate baht appreciation through foreign currency purchases.
Thai Union sees Q1 profit plunge on stronger baht
Business, Darana Chudasri, Published on 08/05/2018
» SET-listed Thai Union Group Plc (TU), the world's biggest canned and frozen tuna exporter, reported a decline in its first-quarter net profit as a result of the baht's appreciation and higher raw material costs.
Thailand Post goes digital to compete
Business, Komsan Tortermvasana, Published on 08/05/2018
» Thailand Post wants to establish two new logistics centres and an e-commerce centre by next year, aiming to stay more competitive in an intense market.
GSB to change fee income ratio model
Business, Somruedi Banchongduang, Published on 08/05/2018
» State-owned Government Savings Bank (GSB) aims to expand its fee-based income ratio to 10% of total revenue over the next three years under its new business model in preparation for the digital age.
Businesses ask FAP to reconsider IFRS9 debut
Business, Piyachart Maikaew, Published on 08/05/2018
» Business operators have asked the Federation of Accounting Professions (FAP) to postpone the effective deadline to submit statements in accordance with International Financial Reporting Standard 9 (IFRS9) to early 2022, saying industries across the economy have yet to conduct studies on the measures' impact.
Iran sanction fears drive up global oil prices
Business, Yuthana Praiwan, Published on 08/05/2018
» Global oil prices have hit a new high exceeding US$70 per barrel after a sharp drop in early 2014, as more investors are concerned with whether the US will resume sanctions on Iran.