Showing 1 - 10 of 69
Business, Nareerat Wiriyapong, Published on 06/09/2024
» The banking sector is expected to face greater pressure for the remainder of the year as asset quality continues to deteriorate, with the new government seeking to lower lending rates, while risks from bad personal loan and credit card debt rise, say analysts.
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.
Nareerat Wiriyapong, Published on 01/08/2024
» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.
Business, Nareerat Wiriyapong, Published on 05/07/2024
» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).
Business, Nareerat Wiriyapong, Published on 26/04/2024
» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.
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.
Business, Nareerat Wiriyapong, Published on 08/03/2024
» The Bank of Thailand is expected to tweak the policy rate as early as its next meeting in April, reducing the rate 0.25 percentage points as inflation continues to decline as a result of the government's electricity price subsidies and stalled economic growth, say analysts.
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
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.