Showing 81 - 90 of 2,374
Rising rates set to dent Thai business costs
Business, Lamonphet Apisitniran, Published on 06/10/2023
» The Bank of Thailand’s latest decision to increase its policy rate, to the highest level in 10 years, is expected to lead to another round of rising financial costs among manufacturers amid baht depreciation, says the Federation of Thai Industries (FTI).
Ministry scales down headline inflation forecast to 1-1.7%
Business, Phusadee Arunmas, Published on 06/10/2023
» The Commerce Ministry has trimmed its headline inflation forecast for this year to a range of 1-1.7%, with an average of 1.35%, as it expects headline inflation to dip in the final quarter of the year.
Global stocks edge higher but oil sinks
AFP, Published on 05/10/2023
» LONDON - Asian and European stocks rose on Thursday after modest Wall Street gains as investors kept a wary eye on US bond yields, while oil sank further on stubborn demand fears.
Examining efforts to puff up a weak baht
Business, Nareerat Wiriyapong, Published on 05/10/2023
» The baht has depreciated this year and ranks as one of the worst-performing regional currencies of 2023.
Global stocks mixed as markets struggle to rebound
AFP, Published on 05/10/2023
» NEW YORK - Global stocks were mixed Wednesday as investors sought to rebound following the prior session's big drop as oil prices moved sharply lower.
Oil Fuel Fund facing losses of B100bn
Business, Yuthana Praiwan, Published on 04/10/2023
» The government's effort to keep the domestic diesel price below 30 baht a litre until December will cause a loss of almost 100 billion baht for the Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
SET tumbles as World Bank cuts outlook
Business, Nuntawun Polkuamdee, Published on 04/10/2023
» The Stock Exchange of Thailand (SET) fell by more than 1.5% to below 1,450 points on Tuesday based on rising concerns about growing public debt and economic growth after the World Bank lowered its Thai GDP forecast.
Asian markets mostly rise after Wall St gains
AFP, Published on 29/09/2023
» HONG KONG - Most Asian markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed respite from speculation the Federal Reserve will push interest rates even higher.
OR targets 10% growth in net profit
Business, Yuthana Praiwan, Published on 25/09/2023
» SET-listed PTT Oil and Retail Business (OR) wants to achieve 10% growth in net profit this year, though it needs to support the government's diesel price reduction policy by trimming the marketing margin of its diesel sales to below 2 baht a litre, says president and chief executive Disathat Panyarachun.
Time isn't on Guyana's side for oil income
Oped, Gwynne Dyer, Published on 21/09/2023
» Guyana is not a "hellhole country" of the sort Donald Trump complained about when he said he wanted immigrants to come to the US from white places like Norway instead, but it did used to be poor, tropical and largely populated by people of colour.