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Search Result for “Foreign exchange”

Showing 1 - 10 of 9,357

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GENERAL

Providing a link to China for local firms

Business, Suchit Leesa-nguansuk, Published on 25/05/2024

» Digital marketer DigiLink Thailand, helmed by chief executive Phanavika Limpabandhu, has ambitions to become a partner of Thai entrepreneurs seeking to tap the vast Chinese market.

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INVESTMENT

Asian shares decline as US rate-cut hopes dim

Business, Published on 25/05/2024

» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.

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INVESTMENT

SET unveils new vision to support stakeholders

Business, Nuntawun Polkuamdee, Published on 25/05/2024

» The Stock Exchange of Thailand (SET) has vowed to develop the digital capital market to complement the traditional capital market and expand opportunities for businesses of all sizes to raise funds, as the bourse aims to become a regional stock exchange.

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GENERAL

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

OPINION

The 'billions to trillions' charade

Oped, Published on 23/05/2024

» The international development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals (SDGs).

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OPINION

Why the US can't win trade war with China

Oped, Published on 22/05/2024

» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.

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INVESTMENT

Measures lined up to revive stock market

Business, Nuntawun Polkuamdee, Published on 21/05/2024

» Three capital market organisations will meet on Tuesday to reach a final conclusion on the tax-deductible funds they want to propose to the Finance Ministry, hoping to revive investments in good fundamental stocks in the Thai stock market.

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THAILAND

Rights group decries ‘swap mart’ for dissidents

Published on 18/05/2024

» Thai authorities are assisting neighbouring governments to take unlawful actions against refugees and dissidents from abroad, making the country increasingly unsafe for those fleeing persecution, Human Rights Watch says in a report released this week.

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GENERAL

Aberdeen anticipates stock market recovery in second half

Business, Nuntawun Polkuamdee, Published on 16/05/2024

» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.