Showing 1 - 7 of 7
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.
Musk donates to Trump, tapping fortune to swing 2024 race
Bloomberg News, Published on 13/07/2024
» NEW YORK - Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House, a major gambit by the world's richest person to make his imprint on the political landscape of the United States.
Analyst sees scant impact from digital wallet
Business, Nareerat Wiriyapong, Published on 13/07/2024
» The government's flagship digital wallet policy can improve the economy by only 0.4 percentage points, mostly in 2025, after the project's budget was reduced by 50 billion baht to 450 billion, as uncertainties remain regarding the funding, according to an analyst.
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.
Illegal tour firms adopt new tactics
Business, Molpasorn Shoowong, Published on 13/07/2024
» More than a hundred tour operators are at risk of breaking the law for using nominees or a price-dumping strategy, while new fraudulent tactics offer cheap tours disguised as direct sales or multi-level marketing companies, according to Thailand's Tourism Department.
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.
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.