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Investors cheer as Biden signs huge stimulus bill

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Investors cheer as Biden signs huge stimulus bill
The Bangkok Post
© The Bangkok Post
Recap: Global shares were flat yesterday but still remain within sight of record highs. Asian shares gained after US President Joe Biden signed the US$1.9-trillion stimulus package into law, boosting market sentiment.
The SET index moved in a range of 1,537.23 and 1,584.61 points this week before closing yesterday at 1,568.19, up 1.56% from the previous week, in daily turnover averaging 100.33 billion baht.
Institutional investors were net buyers of 2.02 billion baht, foreign investors bought 756.4 million. Retail investors were net sellers of 2.45 billion baht while brokers offloaded 321.29 million baht in shares. ....

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Seafood giant Thai Union bets on plant-based future

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FILE PHOTO: The logo of the Thai Union Group is pictured at its R&D lab in Bangkok, Thailand, March 31, 2016. (Reuters)
Thai Union Group Plc, the world s largest canned tuna producer, is targeting 5% annual growth for the next five years to reach 160 billion baht by 2025, betting on alternative proteins and food supplements, its top executive said on Tuesday.
We are not going after scale, but emphasis will be on quality of business, chief executive Thiraphong Chansiri told a news conference.
Before, we looked at emerging markets like China and the Middle East, but we were not successful in those markets. ....

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