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Search Result for “Indonesia economy”

Showing 1 - 10 of 121

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GENERAL

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.

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INVESTMENT

Analysts see imminent return of foreign funds

Business, Nareerat Wiriyapong, Published on 28/08/2024

» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.

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GENERAL

Thailand heading for decade of low growth

Business, Nareerat Wiriyapong, Published on 02/08/2024

» The Thai economy is projected to expand by an average of 2.8% per year over the next decade, boosted by a tourism rebound, its status as a regional automotive hub, and the regionalisation of large Thai conglomerates, says a DBS Bank report.

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GENERAL

Why is the SET in a protracted slump?

Business, Nareerat Wiriyapong, Published on 11/07/2024

» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.

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GENERAL

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.

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INVESTMENT

Politics could dim investment

Business, Nareerat Wiriyapong, Published on 11/08/2023

» Though Thailand remains an attractive destination for investments, political uncertainties and delays in forming a new government could lead to a loss of investor confidence and hesitation to commit capital here, says a Thai unit of the France-based global insurer Axa Group.

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TECH

Regional spending set to grow by 7%

Business, Nareerat Wiriyapong, Published on 14/06/2023

» Tech spending in Thailand and four other Southeast Asian economies is projected to grow 7% this year to approach US$47 billion, despite a number of challenges such as fragile post-pandemic supply chains, according to UK-based research and advisory firm Forrester.

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BUSINESS

Bleak economic view for Asia

Business, Nareerat Wiriyapong, Published on 11/03/2023

» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.

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BUSINESS

Asian equities jump on Fed hints

Business, Nareerat Wiriyapong, Published on 03/02/2023

» Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.

OPINION

Tech disrupted by reality

Asia focus, Nareerat Wiriyapong, Published on 20/06/2022

» When Covid-19 emerged more than two years ago, millions of people including myself suddenly found ourselves stuck at home. To survive the unprecedented challenges and stress, I started to befriend mobile apps I hadn't used before to buy things and pay bills online, among them the e-commerce platform Shopee.