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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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BUSINESS

Predee bombshell hits baht trading

Business, Published on 02/09/2020

» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.

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BUSINESS

New finance minister ready to seek remedies

Business, Wichit Chantanusornsiri, Published on 13/08/2020

» Newly appointed Finance Minister Predee Daochai is set to meet with the ministry's officials this week to discuss the economy and upcoming remedy measures.

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BUSINESS

Adapt or die fighting the giants

Business, Published on 25/09/2017

» Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.

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BUSINESS

Hawkish fed tone rattles asia, But only briefly

Business, Published on 19/12/2016

» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.

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BUSINESS

Fighting cyberthieves

Business, Somruedi Banchongduang, Published on 03/10/2016

» Sending money and paying utility bills used to require a trip down to the bank during office hours. Today, thanks to smartphones and tablets, those same tasks can be done anytime and anywhere through websites or mobile financial apps.

BUSINESS

Bank worries depress set as global stocks advance

Business, Published on 20/07/2015

» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.

BUSINESS

Greek drama and Chinese rout push shares down

Business, Published on 06/07/2015

» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.

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BUSINESS

The power brokers

Business, Post Reporters, Published on 01/09/2014

» SPECIAL REPORT: Prime Minister Prayuth Chan-Ocha's new economic team faces urgent tasks, write Post reporters