Showing 31 - 40 of 5,022
Parliament approves B3.75tn budget as Paetongtarn takes power
Published on 06/09/2024
» The House of Representatives has passed a 3.75 trillion baht budget for the fiscal year starting October, which will allow newly-appointed Prime Minister Paetongtarn Shinawatra to lift state spending to accelerate a nascent economic recovery.
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.
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.
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.
Thai baht weakens as China falters
Business, Published on 03/09/2024
» The baht led Asian currencies that weakened against the dollar on Monday on a faltering Chinese economy, with analysts suggesting the baht could be on a depreciating trend for the remaining months of this year if the US Federal Reserve (Fed) cuts rates by less than the 1% reduction anticipated by the market this year.
Power equities benefit from strong baht
Nuntawun Polkuamdee, Published on 02/09/2024
» Power generation companies on the Stock Exchange to Thailand (SET) are benefiting from the strong baht, says Yuanta Securities Thailand, adding that retail, communications and finance stocks usually attract investment when the baht appreciates beyond 34 to the dollar.
Shares boosted by growing hopes for a soft landing
Business, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Improved economic data in July
Business, Somruedi Banchongduang, Published on 31/08/2024
» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.
ONEAM set to roll out new REIT fund
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» One Asset Management (ONEAM) is preparing to launch a new real estate investment trust (REIT) fund with a projected return of 7% as an alternative for investors amidst economic and political volatility both at home and abroad.
Central bank keeping tabs on baht movements
Published on 28/08/2024
» The Bank of Thailand is monitoring the movement of the baht as it strengthens against the US dollar, in line with several major regional currencies, influenced by both internal and external factors.