AFTER posting disappointing Q3 results on Tuesday, Thai Beverage (ThaiBev) said on Wednesday evening it continued to remain optimistic about its growth in the upcoming quarters. It cited plans to double down on the Vietnam beer market as well as pinning its hopes on the upcoming Thai elections, expected to happen early next year, giving […]
Read MoreThe number of outbound Cambodian travellers has increased by 14.5 during the first half of the year due to higher incomes in the country and a more crowded aviation market, according to the latest report from the Ministry of Tourism. During the first six months of the year, more than 960,000 Cambodians travelled abroad, a […]
Read MoreVietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies. Mekong Capital has recently announced that its Mekong Enterprise Fund II (MEF II) has successfully divested 100 percent of its final remaining […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell on Wednesday to their lowest in nearly two weeks in the second half of trade, tracking losses in U.S. soyoil and on weak export demand. Also, weighing on sentiment was weakness in the Indian rupee which has made imports expensive for local buyers in the South Asian nation. This will hurt palm oil […]
Read MoreTurkey’s currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand’s low inflation supports bond investment returns, says Kasikornbank (KBank). “Some fund managers that lack discernment may not realise that this is a good opportunity to pick up Thai asset classes that have strong fundamentals and satisfying returns,” said Kobsidthi Silpachai, […]
Read MoreThai commercial banks witnessed a first-time contraction of 11.2% in fee-based income from fund transfers in the second quarter of the year, due to waived fees on digital banking transactions. In the second quarter this year, commercial bank revenue from fund transfers was 5.27 billion baht, a contraction of 11.2% compared with the same period last […]
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