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GENERAL

Top business lobby joins rate cut call, trims GDP forecast

Published on 08/05/2024

» The country's biggest business lobby has urged the Bank of Thailand to cut interest rates and work with the government on ways to revive business and consumption activity, after slashing its own estimate for economic growth.

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OPINION

Image crisis

Published on 06/05/2024

» Re: "Much hangs on Tak Bai", (Editorial, May 3) and "Sutin backs anti-coup plan", (BP, May 2).

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INVESTMENT

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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INVESTMENT

SET looking for catalysts to restore momentum

Business, Published on 06/04/2024

» The SET index found support at 1,350 in the first week of March and later bounced back. The 1,350 level has acted as a critical support through the entire quarter as the market struggles to sustain momentum. Among the key factors influencing the market:

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GENERAL

K-Research expects central bank to stay the course on rates

Business, Nareerat Wiriyapong, Published on 04/04/2024

» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.

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GENERAL

Thailand gains access to XTransfer platform

Business, Suchit Leesa-nguansuk, Published on 28/03/2024

» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).

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INVESTMENT

Amid global risks, investment themes for Thailand

Published on 24/02/2024

» The global economic and investment landscape at the beginning of 2024 bears some similarities to the start of last year. Stock markets that are performing well -- Japan, the US and Europe, as well as India -- have advanced in the range of 3-15%, while emerging markets such as Thailand, Hong Kong and China have shrunk by 2-5%.

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OPINION

Behind the curve

Postbag, Published on 23/02/2024

» Re: "BoT is absolutely right in holding rates", (Opinion, Feb 22).

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GENERAL

Insurance expected to flourish driven by auto, health policies

Business, Nareerat Wiriyapong, Published on 20/02/2024

» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.