Showing 1 - 10 of 24
Business, Nareerat Wiriyapong, Published on 14/06/2024
» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.
Business, Nareerat Wiriyapong, Published on 12/06/2024
» SET-listed JKN Global says it plans to repay all its liabilities owed to bondholders within five years after a strategic investor, Mexican businessman Raul Rocha Cantú, agreed to inject 1.75 billion baht to revive the debt-ridden owner of Miss Universe Organization (MUO).
Business, Nareerat Wiriyapong, Published on 11/06/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) is likely to keep the policy interest rate unchanged at 2.5% at its meeting on Wednesday as May inflation rose sharply, coupled with the expectation of a similar move by the US Federal Reserve this week.
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Business, Nareerat Wiriyapong, Published on 06/06/2024
» Companies in the entertainment industry are set to benefit from the Securities and Exchange Commission's (SEC) decision to allow shelf filing of digital tokens in a move to support the country's soft power.
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Business, Nareerat Wiriyapong, Published on 31/05/2024
» SCB Chief Investment Office (CIO) believes reinstating long-term equity funds (LTFs) to promote long-term savings would help reduce volatility from short selling and curb capital outflow, bringing in net inflow of 40-50 billion baht to the Thai stock market.
Business, Nareerat Wiriyapong, Published on 29/05/2024
» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.
Business, Nareerat Wiriyapong, Published on 28/05/2024
» Analysts are expecting the government to introduce more stimulus following the first meeting of economic ministers yesterday under the Srettha Thavisin-led administration, saying a digital wallet alone cannot revive the slowing economy.
Business, Nareerat Wiriyapong, Published on 24/05/2024
» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.