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Search Result for “Interest rates”

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THAILAND

Divided on the economy

News, Published on 25/05/2024

» From the showdown between the ruling Pheu Thai Party and the Bank of Thailand (BoT) came a call for coalition parties to ponder parting ways with the government.

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OPINION

Yesterday’s shadow

Oped, Postbag, Published on 25/05/2024

» Re: “Court to hear Srettha case”, (BP, May 24) and “Thailand’s judiciary face challenges”, (Opinion, May 24). Prof Thitinan Pongsudhirak’s biting comments on the judiciary’s influence on the lifeline of an elected prime minister are most justified based on past events. For the coming challenge facing our Constitutional Court, it is different from the past. The court’s 5-4 vote not suspending PM Srettha’s lifeline before he has the chance of defence is laudable.

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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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THAILAND

TIDLOR Maintains "A/Stable" Rating from TRIS

Published on 24/05/2024

» Ngern Tid Lor Public Company Limited, or TIDLOR, announced the reaffirmation of its “A/Stable” rating by TRIS Rating Co., Ltd. This rating affirms the organisation's credit ranking and confirms that the company’s senior bonds are not immediately affected by the organisational and shareholding restructuring.

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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.

GENERAL

Yong eyes 2 new plants in Rayong

Business, Kanana Katharangsiporn, Published on 23/05/2024

» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.

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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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PROPERTY

Frasers ups presence in condo segment

Business, Kanana Katharangsiporn, Published on 21/05/2024

» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.

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GENERAL

Gold hits all-time high amid geopolitical strife

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

» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.