Thailandia
Vai alla Scheda Paese »If you want to win, you have to fight.
— Thai proverb
If you want to win, you have to fight.
— Thai proverb
Thai stocks opened down 2.01% at the start of trade this morning.
Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can pay their employees while their services are suspended.
Seven Thai airlines are likely to seek a 16-billion-baht bailout from the Finance Ministry so they can keep employees while their services are suspended.
Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.
Thai stocks opened up 2.02% at the start of trade this morning.
The use of free trade agreement (FTA) privileges and the Generalized System of Preferences (GSP) by Thai exporters fell by 12.6% year-on-year in January, in line with the country's overall lower exports.
The Finance and Transport ministries have pledged to work together to find a solution within two months to turn ailing Thai Airways International (THAI) around, according to finance permanent secretary Prasong Poontaneat.
Thai stocks opened up 3.94% at the start of trade this morning.
Despite exports falling in February and the stampede of negative factors that have ensued, the Commerce Ministry still sees room for Thai export growth this year.
The bidding process for the maintenance, repair and overhaul (MRO) facility at Rayong's U-tapao airport is likely to be postponed until April because Airbus failed to submit proposals for the formation of a joint venture with Thai Airways International (THAI) as scheduled on March 6.
Trading on the Thai stock market was halted after the bourse plunged 8% on Monday, triggering the circuit-breaker under the new securities trading regulations.
Leading tycoons are urging members of the business community to join hands with the government in cushioning the economic impact of the Covid-19 outbreak, says Thai Chamber of Commerce (TCC) chairman, Kalin Sarasin.
Thai stocks opened up 3.02% at the start of trade this morning.
Thai stocks opened down 3.03% at the start of trade this morning.
Businesses say the planned 27-billion-baht tramway project will help stimulate the local economy, which is experiencing a downturn as a result of the novel coronavirus (Covid-19) pandemic.
Bangkok Bank (BBL) expects its banking business in China will gradually pick up on the heels of the improving coronavirus outbreak in the mainland and the Chinese government's assistance measures.
SINGAPORE/HONG KONG: British retailer Tesco was set to assess bids by Thai billionaires for its Asian business on Sunday, a potential deal which could be worth just over US$10 billion, four banking sources with knowledge of the matter said.
SINGAPORE/BANGKOK: Charoen Pokphand (CP) Group said on Monday its board approved a deal for its subsidiaries to buy up 86.9% of the Thai business of British retailer Tesco and 100% of the retailer's Malaysian business in a deal valued at US$10.6 billion (334 billion baht).
Thai stocks opened down 5.40% at the start of trade this morning.
Bangkok Bank (BBL) is aiming for significant growth in the digital banking business in Indonesia after its acquisition of PT Bank Permata.
The steep declines this week in equity prices and bond yields, both domestic and international, reflect fears that coronavirus cases outside China will mark the start of a wider outbreak that will deal a blow to the global and Thai economy, resulting in a downgrade of the SET.