Showing 1 - 10 of 67
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Hungary keen to develop bilateral trade ties
Business, Nareerat Wiriyapong, Published on 22/03/2024
» Hungary is looking forward to developing deeper bilateral ties with Thailand in terms of trade, investment and tourism, partly to support the Central European nation's goal of 4% economic growth this year, says Minister of Foreign Affairs and Trade Péter Szijjártó.
Fitch: BoT to postpone rate cuts until H2
Business, Nareerat Wiriyapong, Published on 31/01/2024
» Despite political pressure, analysts expect the Bank of Thailand to refrain from cutting interest rates until the second half of this year, in line with predictions for the US Federal Reserve, saying it is too early to consider monetary easing now.
LGT hints BoT could cut rates soon
Business, Nareerat Wiriyapong, Published on 18/01/2024
» The Bank of Thailand may move before the US Federal Reserve to cut interest rates, with a Fed trim expected in June, as the Thai central bank aims to shore up the local economy, especially if the digital wallet policy is thwarted, says LGT Securities.
Global interest rates likely to fall
Business, Nareerat Wiriyapong, Published on 30/11/2023
» Central banks all over the world are expected to start cutting interest rates by mid-2024, encouraging foreign capital to flow back to stock markets in Asia including Thailand, which should gain from intensified geopolitical conflicts, say leading economists.
Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
CGS-CIMB slashes SET index year-end view
Business, Nareerat Wiriyapong, Published on 13/10/2023
» The Thai unit of CGS-CIMB Securities, majority-owned by the Chinese government, has downgraded its forecast for the Stock Exchange of Thailand (SET) index at year-end from 1,720 points to 1,550 points, citing the country's policy risks.
Thai stocks under pressure
Nareerat Wiriyapong, Published on 10/10/2023
» The Stock Exchange of Thailand (SET) is facing fresh sell-off pressure, with the index falling close to a key resistance level of 1,430 points on Monday, due to rising global geopolitical risk amid the escalating conflict between Israel and Hamas, according to an analyst.
Leading Chinese investors to the SET
Business, Nareerat Wiriyapong, Published on 16/09/2023
» Bearish sentiment this year may prompt many investors to shy away from the Thai stock market.
Pheu Thai's digital wallet wins support
Business, Nareerat Wiriyapong, Published on 25/08/2023
» Stock market analysts are throwing their support behind the Pheu Thai Party's 10,000-baht digital wallet scheme, expecting the policy will stimulate domestic consumption and offer growth opportunities for related businesses.