Bualuang Reduces Year-End SET Target to 1,396
Bualuang Securities (BLS) has revised its year-end projection for the Stock Exchange of Thailand (SET) index down to 1,396 points, from a previous estimate of 1,466 points, citing expected volatility…
Cathay Pacific cancels flights due to A350 issues
Cathay Pacific Airways canceled nearly all of its scheduled flights from Hong Kong to Singapore on Tuesday, along with numerous other services across Asia, after discovering a faulty engine component…
Thai to add second flight to Denpasar
Thai Airways International (TG) is set to launch a second scheduled flight between Bangkok (BKK) and Denpasar (DPS) next month. Starting October 27, the BKK-based airline will add a second…
Phuket Service Charges Remain Steady
The average income from service charges at hotels in Phuket is anticipated to remain stable, maintaining a high level during the upcoming peak season, while the average room rate is…
MIT Sloan Set to Launch Regional Office in Bangkok Next Month
The MIT Sloan School of Management is set to open its office for Southeast Asian nations in Bangkok next month, marking the business school’s second international office outside the United…
Baht Declines Amidst China’s Economic Struggles
The baht led a drop among Asian currencies against the dollar on Monday, influenced by a struggling Chinese economy. Analysts suggest that the baht may continue to depreciate in the…
Fiscal Year 2025 Budget Bill Expected to Pass
The budget bill for the 2025 fiscal year is anticipated to progress smoothly through its second and third readings, according to Chief Government Whip Wisut Chainarun. The House of Representatives…
Stock Exchange of Thailand Seeks to Restore Investor Confidence
The Stock Exchange of Thailand (SET) is working to rebuild investor confidence by focusing on enhancing credibility, market capability, and sustainability, as discussed during a recent forum with over 100…
Public Hearings Begin on Proposals for Bridge to Koh Chang
The Expressway Authority of Thailand (Exat) has commenced public hearings on four proposed routes for a bridge connecting the mainland to Trat’s popular Koh Chang island. Exat’s deputy governor, Katpachon…
Power Stocks Gain from Strengthening Baht
Power generation companies listed on the Stock Exchange of Thailand (SET) are reaping the benefits of a strong baht, according to Yuanta Securities Thailand, which notes that retail, communications, and…