Showing 1 - 10 of 1,179
KKP wary on baht outlook despite uptick
Business, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
Shrinkflation unpacked
Business, Phusadee Arunmas, Published on 06/06/2024
» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Baht fundamentals have deteriorated
Business, Published on 23/05/2024
» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.
THG set to spend B1-1.5bn on three cancer centres
Business, Lamonphet Apisitniran, Published on 22/05/2024
» Thonburi Healthcare Group Plc (THG) plans to spend 1-1.5 billion baht building three cancer centres in Thailand, continuing the trend of specialist hospitals, while growing its hospital and healthcare businesses in Myanmar and Vietnam.
Thai AirAsia X optimistic after posting Q1 profit
Business, Molpasorn Shoowong, Published on 17/05/2024
» Thai AirAsia X expects to post a profit from carrying nearly 1 million passengers this year, driven by its Japan routes, after returning to profit in the first quarter.
Indorama posts $366m earnings in Q1
Business, Published on 14/05/2024
» Indorama Ventures Plc (IVL), a global sustainable chemical producer, reported adjusted earnings before interest, taxes, depreciation and amortisation of US$366 million in the first quarter of this year, a 32% increase from the previous quarter and a 2% decline year-on-year.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.
Clawing back after a steep Songkran decline
Business, Published on 11/05/2024
» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.