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First 'banana train' leaves Laos for China

First 'banana train' leaves Laos for China

VIENTIANE: A special freight train carrying 25 cold-chain containers loaded with 500 tonnes of fresh Lao bananas departed from the Vientiane station in the Lao capital on Wednesday.

17:28 1
Sarath again richest shareholder, worth over B200bn

Sarath again richest shareholder, worth over B200bn

Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.

14:16

Consumer confidence at 20-month high in November

Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity following the easing of Covid-19 curbs and higher foreign tourist arrivals, a survey showed on Thursday.

11:12 1
Consumer confidence at 20-month high in November

Recovery on track

The economy remains firmly on a path towards economic recovery despite growing uncertainties from inflation, geopolitical risks and a potential global recession: the finance minister.

04:21 52
Recovery on track

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3275
37.0664
GBP
42.1397
42.9848
HKD
4.4656
4.5508
JPY
25.2334
25.9436
USD
34.9212
35.2407
CNY
4.9580
5.1072
Source: Bank of thailand (8 Dec 2022)

SET

SET
1,620.49
-1.79
SET50
977.47
-1.36
SET100
2,203.05
-2.23
sSET
1,058.46
+4.49
SETCLMV
987.29
-1.83
SETHD
1,167.74
-2.61
SETTHSI
1,034.47
-0.41
Source: settrade.com (8 Dec 2022)
LATEST
17:28

First 'banana train' leaves Laos for China

VIENTIANE: A special freight train carrying 25 cold-chain containers loaded with 500 tonnes of fresh Lao bananas departed from the Vientiane station in the Lao capital on Wednesday.

17:28 1
First 'banana train' leaves Laos for China
14:16

Sarath again richest shareholder, worth over B200bn

Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.

14:16
Sarath again richest shareholder, worth over B200bn
14:00

Osaka plans for its casino debut

LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.

14:00 1
Osaka plans for its casino debut
11:12

Consumer confidence at 20-month high in November

Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity following the easing of Covid-19 curbs and higher foreign tourist arrivals, a survey showed on Thursday.

11:12 1
Consumer confidence at 20-month high in November
09:39

Thai Union to go ahead with B6bn investment

Thai Union Group Plc, a global leading seafood company, has repledged its intention to invest 6 billion baht to expand its business over the coming year, despite the ongoing global economic challenges, including runaway inflation and rising interest rates.

09:39
Thai Union to go ahead with B6bn investment
09:09

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

09:09
Analysts see Fed rate hike of 0.5%
08:16

Tourism singled out for big rebound

Thai tourism should see a big recovery next year as airline capacity increases, while hotel operators are urging the government to bridge the income gap between large and small hotels, according to a forum held on Wednesday.

08:16 6
Tourism singled out for big rebound
06:04

Industry group knocks Pheu Thai's 600B minimum wage

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.

06:04 18
Industry group knocks Pheu Thai's 600B minimum wage
05:13

Local banks forecast to move this week

Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.

05:13 1
Local banks forecast to move this week
04:56

Economists upbeat on 2023

Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.

04:56 2
Economists upbeat on 2023

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3275
37.0664
GBP
42.1397
42.9848
HKD
4.4656
4.5508
JPY
25.2334
25.9436
USD
34.9212
35.2407
CNY
4.9580
5.1072
Source: Bank of thailand (8 Dec 2022)

SET

SET
1,620.49
-1.79
SET50
977.47
-1.36
SET100
2,203.05
-2.23
sSET
1,058.46
+4.49
SETCLMV
987.29
-1.83
SETHD
1,167.74
-2.61
SETTHSI
1,034.47
-0.41
Source: settrade.com (8 Dec 2022)