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PTT Exploration and Production Receives Treasury Team Award Recognition

Bangkok: PTT Exploration and Production Public Company Limited (PTTEP), represented by Mr. Sermsak Sajjawannakul, Senior Executive Vice President of Finance, has been recognized as the Highly Commended Winner of the Best Treasury Team award. This accolade was presented at the Corporate Treasurer Award 2024, organized by Haymarket Asia, a prominent financial media company based in Hong Kong. According to Thai

EGAT Partners with South Korea’s KHNP to Explore Small Modular Reactor Power Plant Technology

Bangkok: The Electricity Generating Authority of Thailand (EGAT) has entered into a partnership with Korea Hydro and Nuclear Power Co., Ltd. (KHNP) from South Korea, aiming to study and exchange knowledge on Small Modular Reactor (SMR) power plant technology and to develop the necessary personnel to support the shift towards clean energy sources. According to Thai News Agency, Mr. Park

Thai-Cambodian Trade Persists Amidst Logistics Challenges

Bangkok: The Chamber of Commerce points out that Thai-Cambodian trade can still be done, but logistics must be adjusted. The Vice Chairman of the Thai Chamber of Commerce revealed that exports to Cambodia continue despite measures to limit cross-border travel. Large operators have adjusted their transportation systems, but small operators along the border have begun to be affected. According to

Thai Stocks See Marginal Increase in Morning Trading

Bangkok: Thai stocks closed this morning up 2.82 points. The Stock Exchange of Thailand closed this morning at 1,141.98 points, an increase of 2.82 points (+0.25%), with a trading value of approximately 13,470 million baht. According to Thai News Agency, in the morning trading, the index fluctuated in positive territory, with a high of 1,145.19 points and a low of

Restrictions on Thai-Cambodian Border Crossings Expected to Have Mild Impact on Economy

Bangkok: The president of the University of the Thai Chamber of Commerce assessed that the measures to restrict Thai-Cambodian border crossings will affect Thai exports by only 5-10 percent because it is not a permanent border closure. He believes that both countries are aware of the impact on people’s livelihoods. According to Thai News Agency, Associate Professor Dr. Thanawat Polvichai,

SCB Reports Baht Volatility Amid US Import Tariffs and Capital Flows

Bangkok: SCB has highlighted the persistent volatility of the Thai baht, attributing the fluctuations to uncertain US import tariffs and capital flows from the US to Europe and Asia. The bank forecasts that the baht will strengthen, ranging between 31.50 and 32.50 baht per US dollar by the end of the year, and anticipates that the Monetary Policy Committee (MPC)

SET Demands Financial Clarifications from ACC and BYD over Irregularities

Bangkok: The Stock Exchange of Thailand (SET) has issued a directive for Advanced Connection Corporation Public Company Limited (ACC) and Beyond Securities Public Company Limited (BYD) to provide detailed clarifications concerning their financial statements. Investors have been advised to scrutinize these statements closely, with the companies expected to respond through SET’s information disclosure system by June 17. According to Thai

NUT Debuts on mai Stock Exchange with Strong Investor Interest

Bangkok: Nutrition Profession Public Company Limited (NUT), a leader in the development and production of dietary supplements, commenced trading on the Market for Alternative Investment (mai) Stock Exchange today. The company had previously closed the subscription for 37 million initial public offering (IPO) shares at a price of 6.80 baht each, garnering significant investor attention, which highlights confidence in NUT’s