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BUSINESS

ONE-LS readies new funds

Business, Nuntawun Polkuamdee, Published on 14/11/2022

» One Life Settlement Fund (ONE-LS), an alternative investment option, is expected to launch more new funds soon after its third fund was oversubscribed.

BUSINESS

Speculation bumps up baht

Business, Somruedi Banchongduang, Published on 12/11/2022

» The baht surged to its strongest level in almost three months on Friday after China eased some of its quarantine rules for travellers and speculation the United States Federal Reserve would be less aggressive with its rate hikes.

BUSINESS

Package tours from Taiwan spike

Business, Narumon Kasemsuk, Published on 12/11/2022

» Pent-up demand from Taiwan has accelerated the growth of Thai tourism the last two months as tour package sales from a travel fair exceeded expectations, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Equities soar as US inflation shows signs of easing

Business, Nuntawun Polkuamdee, Published on 12/11/2022

» RECAP: Asian shares jumped yesterday as slowing US inflation and an easing of some Chinese Covid quarantine rules triggered a relief rally. The MSCI Asia Pacific Index climbed as much as 3.5%, on track for its best weekly gain since April 2020.

BUSINESS

Flood boosts sales of farm machinery

Business, Lamonphet Apisitniran, Published on 12/11/2022

» The Federation of Thai Industries (FTI) expects demand for agricultural machinery to keep growing in both domestic and overseas markets as damage caused by recent flooding should increase sales.

BUSINESS

Innovation agency to finance startups

Business, Suchit Leesa-nguansuk, Published on 12/11/2022

» The National Innovation Agency (NIA) has allocated 200 million baht to fund startups associated with six S-curve sectors in a bid to improve Thailand's competitiveness.

BUSINESS

Lotus's opens flagship lifestyle store

Business, Pitsinee Jitpleecheep, Published on 12/11/2022

» Ek-Chai Distribution System, the operator of Lotus's hypermarkets, has launched Lotus's North Ratchapruek, its smart community centre flagship store in an attempt to attract lifestyle customers.

BUSINESS

SET outlook brightens at 1,600 points and beyond

Business, Tisco Securities, Published on 12/11/2022

» The SET staged a big recovery in October from its poor performance the month before, establishing a new support level at 1,600 points. The trading range was between 1,553.80 and 1,619.08 with a close at 1,608.76, up 19.25 points or 1.2% on the month.

BUSINESS

Losses narrow for Kerry Express in Q3

Business, Published on 12/11/2022

» Courier service Kerry Express (Thailand) Plc has reported improved performance in the third quarter, with quarter-on-quarter net losses falling by 8%.

BUSINESS

Treading a familiar path to super-app status

Business, Somruedi Banchongduang, Published on 12/11/2022

» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.