RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks. Source: Business
Read More »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
Read More »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
Read More »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
Read More »FPH pivots to luxury single detached home sector
As the impact of the pandemic slows the townhouse market, developer Frasers Property Home (Thailand) or FPH is shifting to luxury single detached houses as well as adding a condo development business. Source: Business
Read More »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
Read More »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
Read More »Thai AirAsia dusts off idled jets to serve China
The budget carrier Thai AirAsia plans to resume operating eight aircraft that were idled during the pandemic and is considering shifting planes from other areas to cater to the growing number of visitors from China. Source: Business
Read More »Google, Apple disappoint as tech earnings hit by gloom
SAN FRANCISCO – Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. Source: Business
Read More »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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