Showing 1 - 10 of 1,641
Cutting Asia's reliance on dollars
Oped, Published on 02/10/2025
» The US dollar remains the world's leading reserve currency, but recent developments -- particularly President Donald Trump's unilateral economic diplomacy, including weaponisation of the dollar -- have fuelled doubts about whether it will maintain that status. While some of America's geopolitical rivals may hope to displace the dollar, the real challenge facing Asian economies is to manage the vulnerabilities created by their heavy dependence on it.
Alarm on strong baht
Business, Somruedi Banchongduang, Published on 30/09/2025
» The continued appreciation of the baht against the US dollar, if left unaddressed, could weaken Thailand's competitiveness in both tourism and exports relative to its regional peers, cautions SCB EIC, the research centre under Siam Commercial Bank (SCB).
Gold price set to climb further after hitting new all-time high
Nareerat Wiriyapong, Published on 29/09/2025
» The domestic gold price is expected to hit 60,000 baht per baht-weight early next year as bullion surpassed US$3,800 an ounce to set a fresh record high on Monday, while the baht slid to a two-week low of below 32.20 baht to the dollar, says the Gold Traders Association (GTA).
Choppy waters for new BoT boss
Business, Post Reporters, Published on 29/09/2025
» Vitai Ratanakorn, the former president of Government Savings Bank (GSB), assumes the helm at the Bank of Thailand on Oct 1, with the change coming at a precarious time as the nation faces a complex mix of internal and external challenges.
Economic challenges for the new regime
Business, Published on 27/09/2025
» The Thai economy appears to be showing signs of life amid optimism about the new government and its economic team, but it also faces new challenges. The outcome will depend on how these emerging challenges are managed.
InnovestX forecast finds reasons to be cheerful
Business, Nareerat Wiriyapong, Published on 26/09/2025
» The Thai economy is expected to slow over the next four quarters, resulting in growth of just 1.8% this year and 1.4% in 2026, even though economic stimulus and infrastructure investment announced by the new government could help shore up growth, says InnovestX Securities.
Thai baht leads Asian currencies downward
Published on 24/09/2025
» The Thai baht lost the most among subdued Asian currencies on Wednesday, as the dollar edged up in response to cautious remarks about further monetary easing by US Federal Reserve chief Jerome Powell.
Warning over strong baht's tourism threat
Lamonphet Apisitniran, Published on 22/09/2025
» The baht's appreciation is threatening to deal a blow to tourism and cause ripple effects on businesses, which are struggling to deal with the sluggish economy, warns the Federation of Thai Industries (FTI).
Vietnam is guiding the dong lower as US tariffs threaten exports
Published on 19/09/2025
» Vietnam is using the age-old tactic of currency depreciation to gain a competitive advantage over its Southeast Asian peers as nations look for ways to ease the burden from US President Donald Trump’s trade tariffs.
New government considers ways to stabilise baht
Published on 18/09/2025
» The new government will work with the Bank of Thailand to manage the baht, now trading at its strongest level in four years, and will monitor capital inflows and gold trading for any irregularities, the incoming finance minister said on Thursday.