Cesna group launches SEA office in Bangkok
The Cesna Group, a renowned global specialist recruitment consultancy, has extended its presence in Asia by inaugurating a Southeast Asia office in Bangkok, Thailand in January 2023. This move follows…
610 Billion Baht in mortgages may end up become non performing loans
The National Credit Bureau has issued a warning about the potential risk of 610 billion baht in housing loans becoming non-performing debts, particularly impacting individuals with lower and middle incomes.…
Srettha to meet with EV investors in Germany
During Deputy Prime Minister Parnpree Bahiddha-Nukara’s official visit to Germany, the government outlined plans to attract German car manufacturers to invest in Thailand’s electric vehicle (EV) industry. The aim is…
HSBC post record pre tax profit in 2023
HSBC Holdings announced a historic pre-tax profit for 2023, bolstered by increased global interest rates, despite facing a $3 billion impact from its stake in China’s Bank of Communications. The…
BOT warns of longterm downturn
The Bank of Thailand (BoT) has highlighted a decline in the competitiveness of Thailand’s export sector, particularly in rice shipments, which have seen a market share drop of over 50%…
Huawei cloud stack debuts in Thailand
Huawei Technologies (Thailand) Co., Ltd. recently organized an event showcasing its Huawei Cloud Stack technology and its role in delivering secure and reliable cloud services to local data centers serving…
Thai Credit Bank successfully debut on the stock exchange
Thai Credit Bank Public Company Limited, also known as “Thai Credit Bank,” had a successful first day of trading on the Stock Exchange of Thailand within the financial/banking sector, using…
AP to set 48 new developments
AP Thailand, a developer listed on the SET, is gearing up to launch 48 new projects valued at a total of 58 billion baht, a decrease from the previous year.…
Car production drops as sales in Jan slows down
According to the Federation of Thai Industries, car production in Thailand witnessed a 12.46% decrease in January compared to the previous year, with 142,102 units manufactured. The decline was attributed…
Japan’s Nikkei stock reaches all time high since 1989
Japan’s benchmark Nikkei Stock Average reached 38,924.88 during the trading session on Thursday, surpassing the all-time high of 38,915.87 set Dec. 29, 1989, just before Japan’s economic bubble burst. The…