Business
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has intervened to…
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Thai
Business
Singapore fund manager Capital Asia Investments behind multi-million dollar Thai blue-chip deals
Some of these transactions are linked to a politically connected Cambodian tycoon and a prominent Thai businesswoman Singapore-licensed…
Business
Clip of strong winds in Vietnam falsely shared by Thai users to taunt Cambodia
After major storms caused flooding in parts of Southeast Asia, a video of people battling strong winds surfaced in Thai social media posts…
News
Thai posts mock Cambodia with misattributed Pakistan flooding video
A video of a man being swept away by floodwaters on a road in Karachi, Pakistan has resurfaced in social media posts falsely claiming it…
Business
Thai bonds defy global drop as political crisis fuels rate bets
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts…
Business
Kasikornbank ditches key profit goal as Thai economy falters
Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate…
Business
Indonesia, Thai market outlooks buffeted by political risk
Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest…
Business
Thai Airways may halt flight expansion plans on aircraft shortages
Thai Airways International may delay its flight and route expansion plans because the nation’s flag carrier has been unable to acquire…
Business
Thai central bank sees room for accommodative policy in face of second-half challenges
Thailand’s monetary policy should remain accommodative as the economy will face multiple headwinds in the second half of this year,…
Business
Post-rehabilitation, Thai Airways revamps fleet to ride Asia-Pacific travel boom
Thai Airways International is turning to Airbus jets to fill gaps in its fleet-renewal plans and tap Asia-Pacific’s travel boom, as Boeing…
Business
Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading
The following companies saw new developments that may affect trading of their securities on Friday (Aug 15): Thai Beverage: The beverage…
Business
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 billion…
Business
Thai king endorses Vitai’s appointment as central bank chief
Vitai Ratanakorn is set to take office from Oct 1, according to a Royal Gazette notification Thailand’s King Maha Vajiralongkorn has…
Business
Thai Airways shares soar to seven-year high after earnings jump
Its market value has reached more than 407.5 billion baht (S$16.2 billion), making it the fifth-largest carrier in Asia Thai Airways…
Business
VietJet to hire more than 5,000 new Thai staff for expansion
VietJet Aviation plans to employ more than 5,000 new staff in Thailand as Vietnam’s biggest budget carrier accelerates flight and route…
Business
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the…
Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
Business
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are…
Unsorted
Thai baht rises to highest since 2022 on trade optimism, inflows
Thailand’s baht rose to the highest in more than three years on growing optimism over trade negotiations, the return of foreign stock…
Business
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Thai telco core profits expected to jump 38% in 2025, outpacing market: Maybank
The core earnings of Thailand’s telecommunications sector are expected to rise 38 per cent in 2025, outpacing the Stock Exchange of…
Business
Thai coconut water maker IFBH’s shares jump in Hong Kong debut
Shares of Thai coconut-water maker IFBH rose as much as 67 per cent on their first day of trading in Hong Kong following a HK$1.16 billion…
Business
UBS downgrades Thai stocks to neutral as political woes weigh
Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy…
Business
SGX lists 6 new Singapore Depository Receipts; 3 HK mega-caps and 3 Thai names
The Singapore Exchange (SGX) will be listing six new Singapore Depository Receipts (SDRs) on Monday (Jun 23), comprising three Hong Kong…