BWH to open 8 hotels in Thailand

BWH Hotel Group plans to open eight properties in Thailand this year — one WorldHotels brand in Phuket and seven Best Western hotels — while increasing its room rate across the globe. Source: Business

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Time to focus on undervalued shares

The SET Index looks likely to advance this month with an expected trading range between 1,700 and 1,720 points, potentially marking the year’s high. In addition to earnings and dividend plays, investors are cheering the Chinese reopening, which should bode well for earnings growth. Source: Business

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Green factory breaks ground

NatureWorks, a manufacturer of polylactic acid (PLA), a sugar-derived biopolymer, has started the construction of a new factory in Nakhon Sawan in line with a state policy to support bio-, circular and green (BCG) economic development. Source: Business

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Duo team up for EV sharing scheme

EV Primus Co, a distributor of multiple brands of electric vehicles (EVs), has diversified its EV business by teaming up with Haupcar Co to offer an EV sharing service through a digital platform, aiming to serve the travel lifestyles of urban dwellers. Source: Business

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Surge in US hiring surprises markets

WASHINGTON: US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, government data showed on Friday, despite efforts to cool economic activity. Source: Business

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Asian equities jump on Fed hints

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. Source: Business

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