Showing 1 - 10 of 703
China seen as keeping Thai inflation low
Business, Wichit Chantanusornsiri, Published on 24/09/2024
» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
Private sector calls on BoT to cut rates
Business, Phusadee Arunmas, Published on 24/09/2024
» The private sector is urging the Bank of Thailand to reduce interest rates and maintain the value of the baht.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
Virtual bank race: 5 in the running
Somruedi Banchongduang, Published on 23/09/2024
» The Bank of Thailand has received five applications for three virtual bank licences, with two of the bidders set to drop out of the race over the following year.
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.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
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.