Cho still expects 10% revenue leap

MAI-listed Cho Thavee Dollasien Plc, a bus and truck assembler, is upbeat about revenue prospects this year despite a tepid first-half performance. President and chief executive Suradech Taweesaengsakulthai said revenue growth of at least 10% to 1.68 billion baht was still expected.  Keep reading ...

Investors pessimistic about Thai market outlook

Investors expect Thailand’s capital market will decline to bearish levels over the next three months in line with poor sentiment in the economy. The latest investment sentiment survey for the three months ending 31 Oct is at 57.27 points, a 41.7% fall from last month’s level of 98.28 ...

CP, ThaiBev line up for Thailand train deals

Charoen Pokphand Group, Thailand’s largest agro-industrial and food conglomorate, will propose a 150-billion-baht investment plan for a high-speed train linking Bangkok, Pattaya and Rayong this month, Transport Minister Prajin Juntong says. Keep reading ...

Chinese rare earth metals exchange to pay $6.4bn owed to investors

Hundreds of Chinese investors protested outside of the Fanya Metal Exchange, in the south of the country, after finding that the minor rare earth metals exchange was unable pay out on investment products. Keep reading ...

China's alleged ban on Vietnamese contracts irrelevant: transport minister

In response to reports that China has prohibited state-owned companies from bidding on public projects in Vietnam, Transport Minister Dinh La Thang said the ban, if true, will have no effect on Vietnam. Thang, speaking to press on the sidelines of the National Assembly meeting, said that many Vietnamese ...

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