Showing 1 - 4 of 4
Banks' net profit trends lower
Business, Somruedi Banchongduang, Published on 20/07/2019
» Nine SET-listed banks' aggregate net profit for the second quarter was a tad lower than a year earlier as higher interest income and lower impairment costs almost offset increases in operating expense, while almost all banks saw an uptick in bad loans.
Fitch boosts Thai outlook
Business, Published on 20/07/2019
» The outlook on Thailand's long-term foreign currency issuer default rating (IDR) has been upgraded to positive from stable, with the rating affirmed at BBB+, as lingering political risks are unlikely to derail sound macroeconomic management, says Fitch Ratings.
Confidence in earnings still subdued
Business, Bualuang Securities, Published on 20/07/2019
» Earnings plays for the second quarter of 2019 were still concentrated in a few medium-sized sectors on the Stock Exchange of Thailand. Aggregate growth is still weak, declining more than 10% year-on-year in both core and net profit. The third quarter may see a shallower year-on-year decline, but confidence in earnings remains subdued.
Stocks advance as Fed officials back easing
Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 20/07/2019
» Recap: Investment sentiment returned to risk-on mode after two senior US Federal Reserve officials spoke of the need to get ahead of an economic slowdown while interest rates are already low, prompting gains in global stock markets and the value of the US dollar.