Showing 1 - 10 of 158
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Microsoft cloud investment just the start
Business, Post Reporters, Published on 10/05/2024
» Microsoft has announced plans to build an AI cloud region and data centre infrastructure in Thailand to capitalise on growing demand for cloud services. The investment has the potential to attract more foreign data centre investors across the value chain to accelerate Thailand's strategic ambitions in the technology sphere, according to research by BMI, a Fitch Solutions company.
Rejig of incentives sought to encourage investment
Business, Nuntawun Polkuamdee, Published on 09/05/2024
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
SET touts dividend stocks amid volatility
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Given global volatility and high interest rates, many investors are searching for investments with stable returns.
Board of Investment reveals new project proposals rise 31% in Q1
Business, Lamonphet Apisitniran, Published on 03/05/2024
» The Board of Investment (BoI) reported a 31% year-on-year surge in the value of new investment project proposals in the first quarter, tallying 228 billion baht, with electronics and electrical appliances the segment comprising the highest value.
Bourse chief application period extended
Business, Nuntawun Polkuamdee, Published on 01/05/2024
» The Stock Exchange of Thailand (SET) is extending the application period for president of the bourse by 15 days to May 15 after no one applied for the position, attributed to the sluggish performance of the exchange.
Ion Energy closes $3m funding round
Business, Published on 01/05/2024
» Beacon Venture Capital, a subsidiary of Kasikornbank (KBank), has partnered with Solar United Network (SUN) Group, an Indonesia-based solar energy firm, to close a Series A funding round of US$3 million for Ion Energy, a Thai solar energy startup.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.