SINGAPORE: Shares of Thai Beverage Plc slumped on Friday after the company deferred the initial public offering (IPO) of its brewery unit in Singapore once again, citing “prolonged challenging market conditions”.
Tourism-reliant economy likely gathered pace in Q2
BENGALURU: Thailand's economy likely grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic curbs eased, but the high cost of living and a slowdown in China pose threats to the outlook, a Reuters poll showed.
Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.
Thailand should take advantage of the China-Taiwan tensions by inviting companies like Taiwan Semiconductor Manufacturing Company (TSMC) to invest here as Taiwanese semiconductor and electronics companies are expected to relocate their production facilities overseas, says the Federation of Thai Industry (FTI).
The government will roll out a set of measures to ease the economic impact of the global fuel crisis caused by the Russia-Ukraine war, said Krisada Chinavicharana, permanent secretary of the Finance Ministry.
The National Broadcasting and Telecommunications Commission (NBTC) has unveiled a cross-platform rating system for the first time in Asean that enables the viewership measurements of both television and digital platforms.