Showing 1 - 10 of 120
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Microsoft cloud investment just the start
Business, Post Reporters, Published on 10/05/2024
» Microsoft has announced plans to build an AI cloud region and data centre infrastructure in Thailand to capitalise on growing demand for cloud services. The investment has the potential to attract more foreign data centre investors across the value chain to accelerate Thailand's strategic ambitions in the technology sphere, according to research by BMI, a Fitch Solutions company.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
SET touts dividend stocks amid volatility
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Given global volatility and high interest rates, many investors are searching for investments with stable returns.
Bitcoin ETF discounts reach records after late-day selloff
Bloomberg News, Published on 02/05/2024
» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.
Microsoft to invest $1.7bn in cloud, AI in Indonesia
Bloomberg News, Published on 30/04/2024
» JAKARTA - Microsoft will invest US$1.7 billion in Indonesia to empower the Southeast Asian country with cloud services and artificial intelligence (AI), including by building data centres, visiting chief executive Satya Nadella said on Tuesday.
Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
Bitcoin falls to 1-week low as 2024 crypto revival stalls
Published on 29/04/2024
» Bitcoin and the wider crypto market retreated on Monday, with some speculators on edge ahead of a Federal Reserve meeting this week that may point to higher-for-longer interest rates.
Many firms keen on SET listing
Suchit Leesa-nguansuk, Published on 29/04/2024
» Many local technology and IT-related firms are gearing up to launch initial public offerings (IPOs) on the Stock Exchange of Thailand (SET) in 2025 or 2026, emphasising strategies for business expansion and cost reduction.