Showing 1 - 10 of 23
Being graft-free is good for business
News, Published on 25/09/2024
» Risks of corruption and bribery are key factors that multinational companies take into account when deciding to invest money or conduct business in Thailand. Early this month, a well-known US-based company selling farm and construction equipment paid $10 million (329 million baht) to settle charges from the US Securities and Exchange Commission after its Thai subsidiary was found bribing government officials to secure procurement contracts from the Department of Highways (DoH) and the Department of Rural Roads (DRR).
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
European cities brace for peak flooding
Published on 18/09/2024
» European cities from Budapest to Wroclaw in Poland are racing to build up their defences as floodwaters peak over the coming days.
Exim Bank aims to secure bond guarantee licence
Business, Wichit Chantanusornsiri, Published on 03/09/2024
» The Export-Import Bank of Thailand (Exim Bank) plans to handle the impact of the global trade war, which could lead to a contraction in export loans, by venturing into bond guarantees.
Analysts see imminent return of foreign funds
Business, Nareerat Wiriyapong, Published on 28/08/2024
» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.
Stock fraud crackdown
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» The Finance Ministry has proposed stricter laws to prevent stock manipulation that damages the market, whether conducted by domestic or foreign actors.
Russia hits back at Ukraine incursion, missile kills 2 near Kyiv
Published on 11/08/2024
» President Volodymyr Zelensky urged allies to allow Ukraine to strike deep into Russian territory as a missile attack killed two near Kyiv and his troops continue to hold ground gained in a surprise cross-border incursion last week.
Baht faces volatility with US under pressure to cut rates
Business, Somruedi Banchongduang, Published on 07/08/2024
» The baht is expected to experience higher volatility and a weaker trend this week, pressured by uncertainties surrounding the US dollar and the Federal Reserve's monetary policy direction.