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BUSINESS

Carabao shares nosedive on dismal 2017 results

Business, Pathom Sangwongwanich & Nuntawun Polkuamdee, Published on 23/02/2018

» Shares of SET-listed Carabao Group Plc (CBG) slid drastically by 14% yesterday as investors were disappointed by the company's lower-than-expected operating results in 2017.

BUSINESS

No rush to raise interest rates: central bank chief

Reuters, Published on 22/02/2018

» Thailand is in no rush to tighten its monetary policy despite rising global interest rates, thanks to ample domestic liquidity and benign inflation, the central bank governor said on Thursday.

BUSINESS

Mass transit to shape market

Business, Kanana Katharangsiporn and Chatrudee Theparat, Published on 22/02/2018

» Eleven new mass transit lines citywide spanning 480 kilometres will change the property landscape and urban lifestyles in the next decade, say property analysts.

BUSINESS

Winter Olympics showcases Korean self-driving vehicles

Business, AP, Published on 16/02/2018

» PYEONGCHANG, South Korea: There's a competition at the Pyeongchang Winter Olympics that has nothing to do with sports, and plenty to do with jousting between automakers and tech companies over autonomously driving vehicles.

BUSINESS

Bongkot, Erawan invites by next month, ministry says

Yuthana Praiwan, Published on 10/02/2018

» Investors in oil and gas drilling in Thailand are expected to be invited to an auction for the concessions of the Bongkot and Erawan gas fields by March, says the Energy Ministry.

BUSINESS

Asian shares fall after Wall Street plunge

Associated Press, Published on 09/02/2018

» BEIJING: China's stock market benchmark plunged 5.5% on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off.

BUSINESS

AirAsia seen sticking with Airbus A330neo

Reuters, Published on 08/02/2018

» SINGAPORE: AirAsia is expected to reconfirm its commitment to the A330neo jet after Boeing sought to poach one of Airbus's top customers, a person familiar with the discussions said on Thursday.

BUSINESS

MBKEST keen on bourse reaching 2,000

Business, Darana Chudasri, Published on 08/02/2018

» Despite the recent plunge, the Stock Exchange of Thailand (SET) index could rise to an ultra-bullish level of 2,000 points by the end of this year or next, helped by the government's infrastructure investment projects, says an analyst.

BUSINESS

As US rattles sabre on trade, Asia bites its tongue on soft dollar

Reuters, Published on 07/02/2018

» SEOUL/TOKYO: A year after US President Donald Trump took office, heightened rhetoric out of Washington about unfair trade has kept Asian policymakers reluctant to openly talk down their currencies despite the dollar's slump to multi-year lows.

BUSINESS

Wall Street stocks plunge in chaotic session

AFP, Published on 06/02/2018

» NEW YORK: Wall Street stocks plunged in chaotic trading on Monday, as the Dow's gains for 2018 were erased in a brutal pullback from months of stock market euphoria that had been acclaimed by President Donald Trump.