Showing 21 - 30 of 10,771
Group seeks gain from US-China trade war
Business, Lamonphet Apisitniran, Published on 23/05/2024
» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).
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.
Why the US can't win trade war with China
Oped, Published on 22/05/2024
» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.
Securing Thailand's energy future
Oped, Published on 22/05/2024
» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.
Decarbonisation needs joint effort
Oped, Published on 21/05/2024
» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.
Analysts expecting rate cuts to be delayed
Business, Somruedi Banchongduang, Published on 21/05/2024
» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.
Businesses up in smoke
Business, Published on 20/05/2024
» A deadline set by cannabis advocacy groups is rapidly approaching for the government to justify its plan to reclassify cannabis as a narcotic.
Anticipated rate cut expected to bolster residential market
Kanana Katharangsiporn, Published on 20/05/2024
» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.
Thailand's cannabis U-turn is a cautionary tale
News, Published on 20/05/2024
» Turns out you can have too much of a good thing. Earlier this month, Prime Minister Srettha Thavisin ordered a U-turn on the country's landmark cannabis policy, saying the plant should be soon classified as a narcotic again and its use limited to medical and health purposes.
Malaysia's economy grows annual 4.2% in Q1 on export rebound
Published on 17/05/2024
» KUALA LUMPUR - Malaysia's economy expanded 4.2% in the first quarter of 2024 from a year earlier, beating market expectations on higher household spending and a turnaround in exports, government and central bank data showed on Friday.