Showing 1 - 10 of 85
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Bourse sees return of foreign funds
Business, Nareerat Wiriyapong, Published on 12/03/2024
» Despite a 3.2% contraction of the Stock Exchange of Thailand (SET) index in the first two months of 2024, foreign funds flew back to the Thai bourse in February as investors lowered their expectations of the Federal Reserve's policy rate cut to only three times this year.
K-Research: Baht may slip to 37 per dollar
Business, Nareerat Wiriyapong, Published on 21/02/2024
» The baht could slide to 37 to the dollar later this year as a weakening Thai economy and a delay in US interest rate cuts pressure the Thai currency, says Kasikorn Research Center (K-Research).
Thailand ESG funds target B10bn investment this month
Business, Nareerat Wiriyapong, Published on 09/12/2023
» Sixteen local asset management companies launched 22 Thailand ESG (TESG) funds yesterday, with the authorities and brokerages estimating the tax-saving long-term funds could attract roughly 10 billion baht in investment this month.
Chinese rebound could help Thailand
Business, Nareerat Wiriyapong, Published on 20/10/2023
» The Thai economy and stock market could benefit from China's economy, which performed better than expected during the third quarter, according to analysts who expressed hopes that Beijing will launch more stimulus measures later this year.
Regional spending set to grow by 7%
Business, Nareerat Wiriyapong, Published on 14/06/2023
» Tech spending in Thailand and four other Southeast Asian economies is projected to grow 7% this year to approach US$47 billion, despite a number of challenges such as fragile post-pandemic supply chains, according to UK-based research and advisory firm Forrester.
Gold skyrockets as banks still wobble
Business, Nareerat Wiriyapong, Published on 21/03/2023
» Gold prices passed US$2,000 for the first time in more than a year on Monday as UBS's recent takeover of its Swiss rival Credit Suisse for $3.2 billion failed to assure investors about ongoing bank woes.
SET rides Asian market upswell
Business, Nareerat Wiriyapong, Published on 02/12/2022
» The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.
Study puts spotlight on green finance
Business, Nareerat Wiriyapong, Published on 29/11/2022
» Fostering sustainable financing to help the country move towards net-zero carbon emissions and expanding digital assets are among the major roles the Thai capital market is to focus on over the next five years to enhance its competitiveness and support overall economic growth, a recent study revealed.