Showing 1 - 7 of 7
Thai stocks head for bear market amid economic growth woes
Bloomberg, Published on 28/02/2025
» Thailand’s benchmark stock index headed for a technical bear market amid investor concerns about the growth outlook for Southeast Asia’s second-largest economy.
Betagro Targets 2025 Growth with THB 4.8 Billion Investment
Published on 28/02/2025
» Betagro Public Company Limited (BTG), a leading integrated food company in Thailand, has announced robust financial results for 2024, demonstrating strong growth despite economic challenges. The company reported total revenue of 114.94 billion baht, marking a 5.3% increase from the previous year, alongside a net profit of 2.47 billion baht, recovering from a net loss. Looking ahead to 2025, Betagro has allocated 4.8 billion baht for strategic investments to drive domestic and international expansion, targeting revenue growth of 3-7%.
Analysts see rate cut as beneficial to local bourse
Business, Nuntawun Polkuamdee, Published on 28/02/2025
» The Bank of Thailand's surprise interest rate cut should benefit stocks in the fields of leasing, real estate, retail, hospitals, and those with high debt, while banking stocks are out of favour, say analysts.
Bullish AP lines up 42 projects this year
Business, Kanana Katharangsiporn, Published on 28/02/2025
» SET-listed developer AP Thailand remains upbeat, planning to launch 42 new projects this year, the same number as last year, with a combined sales value of 65 billion baht, marking a 35% increase, the highest in the industry.
AWC to sink B22bn into sector this year
Business, Narumon Kasemsuk, Published on 28/02/2025
» SET-listed Asset World Corp (AWC) is ramping up new investment to 22 billion baht in the hospitality sector this year to capture the rising tourism wave, starting with 8.7 billion baht to acquire the Le Concorde office and hotel on Ratchadaphisek Road.
Senate rejects use of fine mesh nets
News, Apinya Wipatayotin, Published on 28/02/2025
» The Senate voted to ban the use of all types of purse seine nets with meshes smaller than 2.5cm for night fishing, prompting the Lower House's fisheries bill to be sent back to MPs for reconsideration.
Population time bomb
Oped, Editorial, Published on 28/02/2025
» Beyond Valentine's red roses and the festivities of this month of love lies a sobering reality: more Thais than ever prefer living a single life than getting married, according to government agencies.