Thailand Company News

Read latest Thailand company news covering all major companies that are listed in Stock Exchange of Thailand and the Market for Alternative Investments.

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Precious Shipping Unveils Ambitious $550 Million Ship-Buying Scheme: A Step Forward for the Industry

Precious Shipping Plc is set to launch a $550 million ship-buying program for second-hand vessels when shipping rates drop to 2,000 points on the Baltic Dry Index. This strategic move focuses on acquiring cost-effective ships to strengthen its fleet, potentially influencing the shipping industry's growth and consolidation.

Thai Bank NPL fell slightly

The banking system's nonperฌforming loans eased to 5.37 per cent of total loans last month from 5.5 per cent in May and 5.48 per cent in March, indicating improving ecoฌnomic conditions.

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