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BUSINESS

MTS says gold primed for takeoff

Business, Darana Chudasri, Published on 28/02/2020

» The domestic gold price could spike to 27,500 baht per baht-weight over the next six months, fuelled by growing risk-off sentiment, the weakening baht and coronavirus concerns, says MTS Gold Global Trading.

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BUSINESS

Outbreak a mixed bag for medical providers

Business, Darana Chudasri, Published on 26/02/2020

» Medical tourism hospitals have experienced direct, adverse effects from the coronavirus epidemic, while medical appliance manufacturers and pharmaceutical and supplement makers could benefit from increasing awareness of health and hygiene.

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BUSINESS

CRC shares end lower on debut

Darana Chudasri, Published on 20/02/2020

» The share price of SET-listed Central Retail Corporation Plc (CRC) ended in the red on the first day of trading Thailand's largest-ever market capitalisation equity on Thursday, amid sentiments blighted by the Covid-19 epidemic.

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BUSINESS

Traders point to speculative opportunity for gold buyers

Business, Darana Chudasri, Published on 14/02/2020

» As local gold prices trend upward amid growing appetite for risk hedging, investors could either opt to buy for long-term holding or invest based on short-term speculation, traders say.

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BUSINESS

SET sees 2020 as key year to lure investors

Business, Darana Chudasri, Published on 23/01/2020

» With a cautiously optimistic view of the global and domestic economies, the Stock Exchange of Thailand (SET) contemplates 2020 as another challenging year for its development blueprint and preparing new infrastructures where digital technology and decentralisation will play a greater role.

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BUSINESS

Bank of Thailand panel likely to cut policy rate

Business, Darana Chudasri, Published on 23/01/2020

» The Bank of Thailand's rate-setting committee is expected to cut the policy rate by 0.25 percentage points to a record low of 1% this quarter to shore up the country's economic growth and slow the baht's appreciation, says Standard Chartered Bank (Thai).

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BUSINESS

Fetco head presses for LTF stability

Business, Darana Chudasri, Published on 04/12/2019

» Thailand's capital market structure needs to increase the number of long-term investors to offset stock market volatility, with long-term equity fund (LTF) investment incentives remaining vital to attract long-term investors, says an industry veteran.

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BUSINESS

EPS projected to dwindle on poor economic growth

Business, Darana Chudasri, Published on 28/11/2019

» Earnings per share (EPS) for companies listed on the Stock Exchange of Thailand (SET) are expected to come in below previous projections this year and next year amid lacklustre economic growth, analysts say.

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BUSINESS

BoT boss admits baht too high

News, Darana Chudasri, Published on 24/11/2019

» Bank of Thailand governor Veerathai Santiprabhob admits the baht has appreciated at a rate which exceeds the economic fundamentals, saying that interest rate cuts are no longer "strong medicine" that can cure it.

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BUSINESS

Playing for keeps on the global battlefield

Business, Darana Chudasri, Published on 02/11/2019

» Leaving school at a young age and becoming another Steve Jobs or Mark Zuckerberg may be a fairy tale or unthinkable for some, but Kamphee Piromward has at least proved that learning outside the classroom and perseverance are a recipe for what he has accomplished in the online gaming industry.