Showing 11 - 20 of 11,006
Thai Chamber of Commerce urges central bank to take measures to stabilise baht
Published on 23/09/2024
» Thai businesses are pressing the central bank to take measures to stabilise the baht currency, which has rapidly gained strength and could impact fourth-quarter growth, a senior Thai Chamber of Commerce official said on Monday.
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.
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Candidates vying to lead economy out of crisis
News, Published on 21/09/2024
» Sri Lanka's upcoming presidential election has become a referendum on a US$3 billion (99.1 billion baht) International Monetary Fund loan programme that has helped to pull the island nation out of its worst economic crisis since independence. The contest pits the incumbent president, who negotiated the bailout, against the country's main opposition leader -- both members of the Sri Lankan political elite -- and a Marxist politician waging a populist campaign. The three have put contrasting views before voters over how to steer the South Asian nation past the crisis.
Ministries told to expedite investment outlay
Business, Wichit Chantanusornsiri, Published on 21/09/2024
» The Comptroller-General's Department has set an ambitious disbursement target for investment budgets in fiscal 2025, aiming for 75-80% of the total investment budget.
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
SRT outlines 'rail service for Asean'
News, Supoj Wancharoen, Published on 20/09/2024
» Veeris Ammarapala, 49, the new State Railway of Thailand (SRT) governor, has vowed to make Thailand a railway service hub of Asean during his four-year term.
Finance minister urges sovereign credit rating upgrade
Business, Wichit Chantanusornsiri, Published on 20/09/2024
» Thailand's sovereign credit rating should be upgraded, as the government's interest payment burden is relatively low, says Finance Minister Pichai Chunhavajira.