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Search Result for “baht”

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BUSINESS

How awful was rice pledging, really?

Business, Published on 25/08/2017

» The verdict from the Supreme Court is out today on whether former prime minister Yingluck Shinawatra is guilty for her handling of the contentious rice-pledging scheme, one that officials say cost taxpayers more than 500 billion baht.

ADVANCED NEWS

Govt & Bank of Thailand Conflict: Two sides to story

Jon Fernquest, Published on 08/05/2013

» Most monetary policy experts at BOT don't believe interest rate cut will solve rising baht problem so charges of "gross incompetence" unfounded.

OPINION

Buy high, sell cheap -- and you lose

Veera Prateepchaikul, Published on 22/10/2013

» The mathematics is simple and straightforward. When you buy something such as a pack of rice at 200 baht and you sell it at 150 baht, the loss is 50 baht. And if there were other costs too, then the loss will be higher.

ADVANCED NEWS

End of central bank independence?

Jon Fernquest, Published on 30/03/2012

» Everyone wants a weak baht for cheap competitive exports, but there is a limit to what can be done point out central bank bank head & economists.

BUSINESS

China worries hit stocks as blast deepens set pain

Business, Published on 24/08/2015

» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

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THAILAND

Government to woo Western investors

News, Published on 08/10/2015

» Prime Minister Prayut Chan-o-cha's UN trip has eased international concerns over the military coup, paving the way for other cabinet ministers to make overseas visits to boost foreign investor confidence in Thailand, Deputy Prime Minister Somkid Jatusripitak said Wednesday.

BUSINESS

Set struggles Near 1500 as global stocks retreat

Business, Published on 11/05/2015

» Recap: Global stock markets retreated amid worries over the growing US trade deficit, Greece's bailout deal and China's dismal exports. Concerns over listed companies' earnings growth also weighed down the Thai stock market, which briefly slipped below 1,500 points before rebounding on Friday.

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BUSINESS

Set slides below 1,500 on weak earnings outlook

Business, Darana Chudasri, Published on 01/06/2015

» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.

BUSINESS

Mers and air safety concerns push down SET

Business, Published on 22/06/2015

» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.

BUSINESS

Set Gains on oil revival as greek drama intensifies

Business, Published on 09/02/2015

» Recap: Asian stock markets were rattled by concerns about Greece's plans to renegotiate its bailout. Worries mounted after Greece's new finance minister clashed with his powerful German counterpart and the European Central Bank (ECB) moved to stop funding Greece's lenders.