Experts Predict Gradual Recovery for Thai Exports in 2023, Despite Moderately Strong Outlook
Determined that Thai exports will recover next year. But it is not strong enough for TNN Money Making Hours I 27-12-66 Thai Exports next year. in every research office They all agree that there will be a gradual recovery. In accordance with the direction of world trade these forces make the export picture next year […]
Asia Green Energy Confident Coal Sales Will Reach 4 Million Tonnes: TNN Money Making Hours
Coal Sales Expected to Reach 4 Million Tonnes, Says Asia Green Energy Asia Green Energy (AGE) has expressed confidence in reaching its target of 4 million tonnes in coal sales. According to the latest update, the company predicts that this goal will be achieved by the end of the year. The news was announced on […]
SCB and The Mall Group Announce End of Partnership for SCB M Products
Siam Commercial Bank (SCB) has recently announced a partnership with The Mall Group Company Limited to launch a range of SCB M products. The agreement is set to expire on January 31, 2024, and upon its termination, all SCB M products will be automatically discontinued. After the contract ends, customers will no longer have access […]
Pruksa Collaborates with SCB to Make Home Ownership Easier for Thai People: ‘Best Promotion… All Over the World’
Pruksa Collaborates with SCB to Make Homeownership Easier for Thai Citizens By Piya Prayong Bangkok, Thailand – Pruksa Real Estate Public Company Limited, in partnership with Siam Commercial Bank (SCB), is offering special loan conditions to customers who are looking to buy single houses, townhouses, and condominiums. With the aim of making homeownership more accessible, […]
US Implements New Rules to Launch a ‘Chip’ War with China, Aims to Block Subsidy Cycle
The US Initiates Chip War with China, Imposing Regulations to Thwart Competition The United States has taken a decisive stance in its confrontation with China, unleashing what can only be described as a “chip” war. In an attempt to curb China’s advancements in this crucial technology, the US government has issued stringent rules to impede […]
SCB Faces Challenges as JPMorgan Downgrades Stock and Lowers Price Target
SCB’s Share Price Plummeted After JPMorgan Downgrade Investors Alerted as SCB Struggles with Credit Costs and Operational Issues The share price of Siam Commercial Bank (SCB) experienced a sharp decline of 5.53% or 6.00 baht, closing at 102.50 baht. This tumble came after JPMorgan Downgrade slashed the bank’s target to 98 baht. JPMorgan also downgraded […]
SCB EIC Lowers Thailand’s 2023 GDP Growth Forecast to 3.1% Amid Export Contraction: Calls for Increased Competitiveness and Long-Term Growth
SCB EIC Lowers Thailand’s Economic Growth Forecast due to Slumping Exports The SCB EIC has revised down Thailand’s economic growth forecast for 2023 to 3.1% from the previous 3.9%. This downward revision is a result of a significant contraction in Thai exports, which poses a risk to the country’s economy in the future. The government […]
Asia Aviation Reduces Dependency on Chinese Routes to Diversify Risks and Expand New Markets
AAV Expands New Routes to Diversify Risks and Reduce Dependence on Chinese Market Asia Aviation, the service provider of Thai airline AirAsia, is set to embark on an ambitious plan to expand new routes in the region. With a vision to diversify risks and reduce dependence on Chinese routes, the airline is eyeing destinations such […]
TISCO Group Reports Stable Profit in First Half Despite Rising Interest Rates and Lower Non-Interest Income
TISCO Group Reports Stable Profit and Loan Growth in First Half of the Year TISCO Group, the first commercial bank to release its financial results for the year, has reported a stable net profit for both the quarterly and first half periods. The bank’s loan growth also exceeded 5.2 percent, resulting in higher interest income. […]
China’s LGFV Debt Problem: An Issue to Watch as Risk of Default Increases
China’s Local Government Financing Vehicle (LGFV) debt remains a concern, says SCB CIO In a recent report, Dr. Kampol Adireksombat, the Senior Vice President and team leader at SCB Chief Investment Office (SCB CIO), revealed that the high level of debt held by China’s Local Government Financing Vehicles (LGFVs) is an issue that needs to […]
