Showing 1 - 10 of 122
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Italian-Thai Development upbeat on funds to wrap up projects
Business, Nareerat Wiriyapong, Published on 10/04/2024
» Cash-strapped Italian-Thai Development (ITD) is confident it will be granted additional financial support from banks to complete more than 100 ongoing construction projects, in addition to bidding for more projects from the now-active fiscal 2024 budget.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
Gulf Binance aims to be market leader
Business, Nareerat Wiriyapong, Published on 16/02/2024
» Gulf Binance Co, a joint venture between the world's largest crypto exchange and SET-listed Gulf Energy Development, aims to become the top player in Thailand's thriving digital asset exchange market within two years.
Maybank: Thai bond market sturdy this year
Business, Nareerat Wiriyapong, Published on 19/01/2024
» The Thai bond market remains resilient with ample liquidity to serve new issuances this year, including government bonds issued under a special bill to fund the 500-billion-baht digital wallet scheme, says Maybank Securities.
The showdown over interest rates
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
Pundits say SET index could slip below 1,300
Business, Nareerat Wiriyapong, Published on 14/12/2023
» The Stock Exchange of Thailand (SET) index, which plunged to a three-year low on Wednesday, could slip further to below 1,300 points in the near term as foreign funds continue to exit, say analysts.
Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
Baht likely to climb higher if Fed disappoints on rates
Business, Nareerat Wiriyapong, Published on 01/11/2023
» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.