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BUSINESS

SET delists EARTH for failure to report

Business, Pathom Sangwongwanich, Published on 03/09/2019

» The Stock Exchange of Thailand (SET) will officially delist shares of coal miner Energy Earth Plc (EARTH) on Sept 20 due to the company's failure to submit financial statements within the SET's deadline.

BUSINESS

Foreign holding tallies 30% of SET

Business, Pathom Sangwongwanich, Published on 28/08/2019

» Foreign holding of Thai equities tallied 29.97% or 5.15 trillion baht of the bourse's market capitalisation in June, attributed to a previous rally in share prices and net offshore inflows worth 54 billion between April and June.

BUSINESS

CP chief discusses automation

Business, Pathom Sangwongwanich, Published on 13/08/2019

» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.

BUSINESS

SEC to hold hearing on shareholding rejig rules

Business, Pathom Sangwongwanich, Published on 07/08/2019

» The Securities and Exchange Commission (SEC) is conducting a public hearing to amend regulations aimed at reducing impediments to shareholders' restructuring to support mergers and acquisitions.

BUSINESS

Barriers, data dearth hamper Asian market

Business, Pathom Sangwongwanich, Published on 01/08/2019

» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.

BUSINESS

Digital asset scope may grow

Business, Pathom Sangwongwanich, Published on 23/07/2019

» The Securities and Exchange Commission (SEC) is conducting a public hearing to expand the scope of businesses under the digital asset royal decree.

BUSINESS

ADB lowers outlook for GDP growth

Business, Pathom Sangwongwanich, Published on 19/07/2019

» Thailand's GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB).

BUSINESS

Wage hike could repel Chinese firms

Business, Pathom Sangwongwanich, Published on 04/07/2019

» A hike in the daily minimum wage could discourage Chinese manufacturers in labour-intensive industries from relocating their production base to Thailand, says a Chinese banking executive.

BUSINESS

Fitch says full-year exports likely to avoid decline

Pathom Sangwongwanich, Published on 03/07/2019

» Despite flagging export data, Thai shipments are not expected to contract this year, as sustained global economic growth and exports to the US can compensate for sluggish exports to China, says Fitch Ratings.

BUSINESS

SEC warns investors about Energy Earth's coal mines

Business, Pathom Sangwongwanich, Published on 28/06/2019

» The Securities and Exchange Commission (SEC) has cautioned investors to take into account the valuation of two Indonesian coal mines reportedly owned by embattled Energy Earth before resuming investment in the company's shares.