Showing 1 - 10 of 13
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.
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.
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.
Shares dip amid rate uncertainty, high oil prices
Business, Published on 06/04/2024
» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.
SET poised to bottom out in March
Business, Published on 12/03/2024
» As expected, the Stock Exchange of Thailand ticked up in February, adding 6.15 points, or 0.5%, to close the month at 1,370.67. The first week of the month started strongly as positive tourism sentiment boosted the index by 1.4%. But the market quickly encountered pushback as the Bank of Thailand refrained from cutting interest rates.
Asian stocks advance on hopeful rate outlook
Business, Published on 09/03/2024
» RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.
Analysts lament SET has lost its appeal
Nuntawun Polkuamdee, Published on 04/03/2024
» The Stock Exchange of Thailand (SET) should add high-potential stocks while the government needs to solve the country's structural economic problems to make the exchange more appealing to foreign investors, according to the Investment Analysts Association (IAA).
Foreign investment funds tipped to expand
Business, Nuntawun Polkuamdee, Published on 20/02/2024
» Krungsri Asset Management (KSAM) expects foreign investment funds (FIFs) to continue to grow in 2024 as Thailand's gross domestic product (GDP) expands less than other economies in the region, while the volatile local bourse is without a clear growth outlook.
THG set to expand Myanmar investment
Business, Lamonphet Apisitniran, Published on 16/02/2024
» Thonburi Healthcare Group Plc (THG) plans to expand its hospital business in Myanmar following an increase in patients seeking medical treatment.
Brokerages pick tourism-related stock winners
Business, Nuntawun Polkuamdee, Published on 31/01/2024
» Brokerages have identified seven tourism-related stocks on the Thai bourse that should be major beneficiaries of the Thailand-China free visa policy signed earlier this week, which is expected to significantly increase arrivals from the mainland this year.