Showing 41 - 50 of 9,507
Economists push authorities for looser monetary policy
Business, Somruedi Banchongduang, Published on 09/09/2024
» Economists believe the time is right for an accommodative monetary policy to ease financial tightening and improve economic activity.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Spotlight on domestic plays
Business, Published on 07/09/2024
» The SET index drifted sideways up in August. After finding support at 1,273 points early in the month, marking the month's low, the index broke above the upper end of the sideways trend of its two-month range (June-July), reaching the month's high of 1,370. Key factors affecting market movements include:
Weak US jobs report all but ensures rate cut
Published on 06/09/2024
» WASHINGTON - US Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a government report on Friday showed employers added far fewer workers than economists had expected in August and July.
Bad loans expected to hit banks hard this year
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.
Thai stocks and baht jump on cabinet news
Published on 05/09/2024
» Thai stocks climbed by the most since March last year, with the baht also rallying on optimism over policy continuity after the formation of the new government.
New central bank chairman to be chosen in October
Published on 04/09/2024
» A new chairman for the Bank of Thailand board is to be appointed by early October, according to the head of the selection committee, as the government seeks more influence over the central bank in the wake of a long-running public disagreement over interest rates.
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.
SCB expects rate cut later this year
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
Shippers eye 5% growth goal
Business, Phusadee Arunmas, Published on 04/09/2024
» The Thai National Shippers' Council (TNSC) is calling on the prime minister to set an annual average target of 5% export growth amid risk factors such as the baht's appreciation and ongoing geopolitical tensions.