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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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BUSINESS

Asia braces for growth hit from Ukraine-driven inflation shock

Reuters, Published on 09/03/2022

» An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.

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THAILAND

Arkhom appt a pleasant surprise

News, Published on 10/10/2020

» A meeting a few months ago between Arkhom Termpittayapaisith and Prime Minister Prayut Chan-o-cha in the northeastern province of Si Sa Ket set rumour mills buzzing that the former transport minister was being eyed for a comeback to the cabinet.

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THAILAND

Predee quits finance post

News, Wichit Chantanusornsiri, Published on 02/09/2020

» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.

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LIFE

Helping hands

Guru, Published on 03/04/2020

» It's no denying that the past few weeks have been rough for everyone. Though, a few heartwarming stories have emerged amid this chaotic time to show that we are all in this together. Guru lists a few examples.

BUSINESS

SET has best week of year as Pyongyang rattles investors

Business, Published on 04/09/2017

» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

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BUSINESS

Share investors tread cautiously ahead of Fed meeting

Business, Published on 24/07/2017

» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.

BUSINESS

Dollar revival takes shine off asia stocks

Business, Published on 14/02/2017

» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.

BUSINESS

China anxiety hits shares, Set endures volatile week

Business, Published on 17/10/2016

» Recap: Disappointing Chinese trade data that revived concerns about the world's second largest economy weighed on global market sentiment last week. Thai shares experienced wild swings throughout the week on domestic worries, plunging below 1,400 points before buying on dips reversed the sharp drop on Friday.

BUSINESS

Chinese share plunge and fed keep traders on edge

Business, Published on 03/08/2015

» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.