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Finance
Stock sheds Bt1.5 trillion over political turmoil
Political turmoil standoff has shed the stock market value by over 1.5 trillion baht ($45,454 million) so far since the beginning of the year until September 4, the Stock Exchange of Thailand’s statistics show.
Foreign investors were net seller of 107 billion baht over the past nine months, thrashing the versatile SET value to go down [...]
Inflation slows to 6.4% on oil price falls
Thailand’s rate of inflation fell back from a 10-year high in the previous months to 6.4 per cent in August over falling world oil prices, according to the commerce ministry.
The inflation has been dropped significantly from July, when it hit another decade high of 9.2 per cent amid rising fuel and food prices.
Siripol Yodmuangcharoen, permanent [...]
SET mulls extending online trading hour
The Stock Exchange of Thailand (SET) is considering extending online stock trading time to be more flexible and complied with the global stock markets, board director Pattriya Benchapholchai said on Thursday.
Ms. Pattriya said the SET will need two to three months to study the possibility before filing proposal for the Securities and Exchange Commission (SEC)’ [...]
Economy expands despite ongoing political rifts
Thai economy expanded at a satisfactory level in July despite continual decline in consumer spending and investments, the Fiscal Policy Office (FPO) said on Friday.
FPO director general Panee Sathavarodom predicted that Thailand’s consumption and investment would increase by the third quarter of the year as several indicators show that the public have become more confident.
Ms. [...]
Central bank raises rate to fight inflation
The Bank of Thailand raised its benchmark rate for a second straight month to 3.75 per cent on Wednesday in bid to tame fast increasing inflation in a decade.
The central bank ensured investors that, despite a tightening move, its policy remained supportive of the economic growth.
Economists said it could be central bank’s last rate rise [...]
Betagro sets to postpone SET listing
Betagro Group has put off plan to list its common shares on the Stock Exchange of Thailand from this year to focus on operations improvement, CEO Vanus Taepaisitphongse said on Monday.
The foods processor and exporter firm noted it has remodeled management strategy and it paid off impressively in performance in the recent years.
Adopting the new [...]
Jaymart will offer 75 million new common shares in IPO
Thailand’s biggest retailer of mobile phone Jaymart Plc plans to offers 75 million new common shares in IPO to fund its market expansion project and retire outstanding debts, chairman Adisak Sukhumwittaya said on Tuesday.
Jaymart said it has file for a listing of its 75 million new common shares at par value of one baht each [...]
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