Equities steady as Fed calms inflation jitters
published : 17 Jul 2021 at 04:00
Recap: The MSCI World Index held its ground yesterday despite some modest dips in Asia, while European shares opened higher. Equity investors were heartened by Federal Reserve statements that calmed worries about inflation.
The SET index moved in a range of 1,544.71 and 1,580.43 points this week before closing yesterday at 1,574.37, up 1.44% from a week ago, in daily turnover averaging 77.39 billion baht.
Institutional investors were net buyers of 1.91 billion baht and brokerages purchased 528.45 million worth of shares. Foreign investors were net sellers of 2.4 billion and retail investors offloaded 33.85 million baht worth of shares.
DTAC, Line BK team up for digital loans
published : 14 Jul 2021 at 04:00 Mr How, centre, says this is the first time a telecom operator is collaborating with a social banking platform and a technology developer to offer financial services.
Total Access Communication (DTAC), the country s third largest mobile operator, has joined hands with social banking platform Line BK and Kasikorn Business Technology Group (KBTG) to provide personal loans to its users. This is the first time a telecom operator is collaborating with a social banking platform and a technology developer to offer financial services during this difficult time, said How Lih Ren, chief marketing officer of DTAC, via a virtual press conference.
Skills challenge Skills challenge
As megatrends affect the world of work, reshaping skills of workers will help to address mismatches and promote resilience.
published : 5 Jul 2021 at 04:30
Human capital development has played a vital role in the success of thriving economies. However, when the skills of workers fail to align with the needs of industry, the mismatches and imbalances in the labour market can keep an economy from reaching its potential.
Findings from the latest World Bank Enterprise Surveys indicated that between 10% and 15% of employers in the Philippines, Indonesia, Laos and Malaysia, and 18% in Cambodia report having difficulties finding workers with the right skills for their operations. Less than 5% of companies in Thailand say they experience this drawback.
The hype is real after Flash Group, which provides Flash Express e-commerce logistics services, was heralded as the first Thai unicorn following its latest funding round, offering hope for others following in its footsteps.
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