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Search Result for “CGS International”

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GENERAL

Hope for more rate cuts buoy Asian shares

Business, Published on 20/09/2025

» RECAP: Asian shares were headed for weekly gains on Friday on hopes of further interest rate cuts around the world, though the Nikkei retreated from record highs after the Bank of Japan said it would start to offload some of its massive equity fund holdings.

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THAILAND

Chinese ringleader, ex-Thai wife arrested in multi-million baht scam bust

Wassayos Ngamkham, Published on 11/09/2025

» A Chinese ringleader of a scam network, his former Thai wife and 13 associates were arrested, with assets worth over 21 million baht seized during police raids across four provinces on Wednesday.

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INVESTMENT

Imminent US interest rate cut likely to boost Thai stocks

Business, Nuntawun Polkuamdee, Published on 26/08/2025

» Foreign capital is expected to flow into the Stock Exchange of Thailand (SET) as the US Federal Reserve (Fed) signalled an interest rate cut in September, although short-term domestic political uncertainties could limit the upside, analysts say.

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GENERAL

Tourism sector braces for impact of border spat

Business, Nareerat Wiriyapong, Published on 31/07/2025

» The tourism sector will start to feel the impact of the Cambodia border conflict if both sides do not completely end fighting within two weeks, and if the cross-border committee in Cambodia does not convene as scheduled on Aug 4, say analysts.

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GENERAL

Asian shares rise with upbeat data from US

Business, Published on 19/07/2025

» RECAP: Asian stocks advanced as a global rally gained vigour on strong economic data that eased concerns about the US economy. Regional investors also believe central banks may do more to cushion tariff-related pressure on economic growth.

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GENERAL

Political hiatus looms over economy

Business, Post Reporters, Published on 02/07/2025

» The Constitutional Court is expected to take 1-3 months to hand down the final verdict on the fate of Prime Minister Paetongtarn Shinawatra after the court suspended her from the post over a leaked recording of a phone call with former Cambodian leader Hun Sen.

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GENERAL

Border spat leaves some firms vulnerable

Business, Nareerat Wiriyapong, Published on 27/06/2025

» The escalation in tensions along Thailand's border with Cambodia and additional closures of major checkpoints, such as the permanent Aranyaprathet checkpoint, could affect listed Thai companies with a large exposure to the neighbouring country, says CGS International (CGSI).

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INVESTMENT

Stock trading rattled by uncertainty

Business, Published on 16/06/2025

» Amid an imminent cabinet reshuffle and intensifying conflicts among coalition parties, the Thai stock market is again feeling the pressure of domestic political uncertainty just as global volatility about reciprocal tariffs ripples, say pundits.

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GENERAL

Thai hotels face double whammy from US tariffs

Business, Nareerat Wiriyapong, Published on 15/05/2025

» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.

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INVESTMENT

Analysts predict Thai bourse to perform poorly

Business, Nareerat Wiriyapong, Published on 09/05/2025

» Slow progress in US-China and Thailand-US trade talks as well as a sluggish domestic economy are likely to stall the Stock Exchange of Thailand (SET) this month, despite an expected lift from the introduction of Thai ESG Extra (ESGX) funds, say analysts.