Showing 1 - 10 of 1,559
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Making sense of Microsoft's local outlays
Business, Suchit Leesa-nguansuk, Published on 09/05/2024
» Microsoft's announcement last week of its first investment in a data centre region in Thailand is expected to enhance the country's digital ecosystem and could fuel competition in the data centre sector.
Govt, BoT spat may not be economic
Oped, Chartchai Parasuk, Published on 09/05/2024
» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
Is the OECD relevant for Thailand?
Oped, Published on 03/05/2024
» On the 60th anniversary of Japan's accession to the OECD, it is a great honour for Japan to chair this year's OECD Ministerial Council Meeting (MCM) with the participation of Indonesia, Thailand, Vietnam, Singapore, Laos (the Asean chair) and the Asean secretariat.
Wage hikes stir discontent
News, Supoj Wancharoen, Published on 01/05/2024
» To mark International Labour Day on Wednesday, academics and labour activists have stepped up their calls on the government to increase minimum daily wages for workers nationwide following rises in parts of 10 provinces that took effect on April 13.
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.