Showing 1 - 10 of 282
Exports being held back by declining competitiveness
Business, Nareerat Wiriyapong, Published on 24/05/2024
» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.
CGSI targets top 3 brokerage spot
Business, Nareerat Wiriyapong, Published on 11/05/2024
» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.
Thai stocks tipped to rebound in 2nd half
Nareerat Wiriyapong, Published on 10/05/2024
» Recovering tourism and exports, backed by a weaker baht, along with growing fiscal budget disbursement could support a rebound of the Thai stock market in the second half this year after the index lost 2.7% year-to-date, one of the worst performers globally.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Indorama allots $1.89bn capex for 3 years
Business, Nareerat Wiriyapong, Published on 19/04/2024
» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.
K-Research expects more baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar yesterday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.
Bourse sees return of foreign funds
Business, Nareerat Wiriyapong, Published on 12/03/2024
» Despite a 3.2% contraction of the Stock Exchange of Thailand (SET) index in the first two months of 2024, foreign funds flew back to the Thai bourse in February as investors lowered their expectations of the Federal Reserve's policy rate cut to only three times this year.
Local bourses extend trading hours
Business, Nareerat Wiriyapong, Published on 06/03/2024
» The Stock Exchange of Thailand (SET) and Market for Alternative Investment (MAI) are extending their daily trading hours from March 25, opening the afternoon session 30 minutes earlier, allowing trade on the two bourses for five hours per day.