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Search Result for “south korea”

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INVESTMENT

Govt unveils plan to boost SET

News, Nareerat Wiriyapong, Published on 25/06/2024

» The Finance Ministry and stock market regulators on Monday announced measures to revitalise the sluggish Stock Exchange of Thailand (SET) index, yet they played down a request from stock analysts to revive the tax-incentive long-term equity funds (LTFs).

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GENERAL

Hungary keen to develop bilateral trade ties

Business, Nareerat Wiriyapong, Published on 22/03/2024

» Hungary is looking forward to developing deeper bilateral ties with Thailand in terms of trade, investment and tourism, partly to support the Central European nation's goal of 4% economic growth this year, says Minister of Foreign Affairs and Trade Péter Szijjártó.

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GENERAL

Chinese rebound helps hoteliers

Business, Nareerat Wiriyapong, Published on 27/12/2023

» Chinese tourist arrivals are recovering at a faster pace this month and the momentum is expected to persist through to Chinese New Year on Feb 10, helping local hotels during the high season, say analysts.

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GENERAL

SET listing powers ANI's regional growth

Business, Nareerat Wiriyapong, Published on 16/12/2023

» With fresh funding mobilised from the Stock Exchange of Thailand, Asia Network International Plc (ANI) aims to expand its network of cargo general sales agents (GSAs) across Asia and beyond, partly through mergers and acquisitions.

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GENERAL

Chinese visa plan  to boost arrivals

Business, Nareerat Wiriyapong, Published on 09/09/2023

» A visa exemption for Chinese travellers could provide a strong boost to the local tourism industry, though arrivals are likely to be significantly below the 2019 level this year given the mainland's economic constraints, says a Thai brokerage owned by the Chinese government.

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BUSINESS

Asian stocks fall amid fears of recession

Business, Nareerat Wiriyapong, Published on 25/04/2023

» The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

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BUSINESS

Regional banks safe from US contagion

Business, Nareerat Wiriyapong, Published on 18/03/2023

» Asia-Pacific banks are resilient to risks related to the failures of their US peers, says Fitch Ratings, noting that regional banks have limited direct exposure to Silicon Valley Bank (SVB) and Signature Bank.

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BUSINESS

Bleak economic view for Asia

Business, Nareerat Wiriyapong, Published on 11/03/2023

» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.

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BUSINESS

Asian equities jump on Fed hints

Business, Nareerat Wiriyapong, Published on 03/02/2023

» Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.

BUSINESS

Economists slice growth outlook for Asean+3

Business, Nareerat Wiriyapong, Published on 18/01/2023

» China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.