Showing 1 - 10 of 48
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
Two investment themes emerging in March
Business, Published on 07/03/2020
» The SET index appears likely to extend its slide in March after it slumped 13.3%, or 205 points (from 1,542 to 1,337) in February from the previous month. We see the supports at 1,250 and 1,200, while the upside would be capped at 1,400 and 1,430. The trading range is expected to be between 1,250 and 1,400. Among the key factors:
Rate cut impact limited
Business, Published on 05/12/2019
» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.
Central bank plans steps to curb strong baht
Reuters, Published on 10/10/2019
» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.
Time to concentrate on defensive sectors
Business, Published on 05/10/2019
» Positive factors in October: Expect the cabinet to announce more stimulus spending packages this month in an attempt to spur more economic activity before the year-end. The cabinet has already accelerated work on 44 large-scale projects worth a combined 1.94 trillion baht and introduced the "Chim Shop Chai" programme to boost spending power and lend support to the tourism sector.
Bank of Thailand pushes CLMV transfers
Business, Wichit Chantanusornsiri, Published on 02/10/2018
» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.
Seeking a balance
Asia focus, Erich Parpart, Published on 01/10/2018
» As returns in Australia, Hong Kong, Japan and New Zealand shrink in the face of high demand and increased restrictions, real-estate investors in Asia are looking for new places to go, with Malaysia and Thailand among their targets.
Return of the malls
Spectrum, Published on 29/10/2017
» The Bangkok retail market appears to be bucking a broader global trend, in which online shopping is threatening the survival of large shopping malls. After two years in which most of the new retail development in the capital consisted of smaller-scale community malls, big shopping centres are scheduled to make a comeback in 2018.