Showing 1 - 10 of 109
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.
Baht set to continue to rise
Business, Nareerat Wiriyapong, Published on 17/09/2024
» The baht could appreciate further, after hitting a 19-month high of 32.2 baht to the dollar on Monday, if the US Federal Reserve cuts interest rates deeper than 25 basis points at its meeting this week, as falling US inflation could prompt the central bank to deliver an outsized rate cut.
Texas Chicken folds its wings for good in Thailand
Online Reporters, Published on 16/09/2024
» Texas Chicken is shutting down all its outlets in Thailand after serving customers here for nine years.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Exim Bank aims to secure bond guarantee licence
Business, Wichit Chantanusornsiri, Published on 03/09/2024
» The Export-Import Bank of Thailand (Exim Bank) plans to handle the impact of the global trade war, which could lead to a contraction in export loans, by venturing into bond guarantees.
Tourism losses from floods close to B500m
Published on 28/08/2024
» Severe floods in many Thai provinces have resulted in tourism losses worth 491 million baht, while tourism expenditure is expected to contract by 200 million baht.
CPN posts 21% surge in revenue in Q2
Business, Published on 16/08/2024
» Central Pattana (CPN) has announced second-quarter total revenue of 13.5 billion baht, a 21% increase year-on-year, and net profit of 4.56 billion baht, up 24%.
Handout could trigger fiscal crisis
Business, Published on 14/08/2024
» The government is being advised to revise the way it hands out money to people to avoid incurring a substantial public debt, which can affect the government's budget, potentially triggering a fiscal crisis.
Global rice glut set to hit Thai exports
Business, Phusadee Arunmas, Published on 01/08/2024
» Thai rice exports are likely to be less than 8 million tonnes next year due to myriad risk factors hampering their competitiveness, which include a lack of research and development (R&D) for rice varieties, rising global supply, and the possibility of India lifting its rice export restrictions at year-end.
Baht set to further strengthen this year despite headwinds
Nareerat Wiriyapong, Published on 01/08/2024
» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.