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Search Result for “depreciation”

Showing 1 - 10 of 1,805

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OPINION

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.

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GENERAL

AIS targets gains in non-core revenue

Business, Komsan Tortermvasana, Published on 02/10/2025

» Advanced Info Service (AIS) expects its revenue from non-mobile and non-fixed broadband business to account for at least 20% of total revenue in three years, up from 10% at present.

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GENERAL

Golden Week arrivals set to sink to 200,000

Business, Narumon Kasemsuk, Published on 01/10/2025

» Thailand is expected to welcome 200,000 Chinese tourists during the Chinese eight-day Golden Week holiday, a 24% year-on-year decrease, with revenue projected to drop 17% to 9.1 billion baht despite growth in outbound travel from mainland China.

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INVESTMENT

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).

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GENERAL

Asian shares dip as Wall Street rally stalls

Business, Published on 27/09/2025

» RECAP: Most Asian markets retreated on Friday amid end-of-quarter repositioning by investors, after concerns about high valuations and mixed signals from US Federal Reserve officials on interest rates stalled a record-breaking rally on Wall Street.

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GENERAL

Bangchak details restructuring drive

Business, Yuthana Praiwan, Published on 26/09/2025

» SET-listed Bangchak Corporation is restructuring its businesses to boost its revenue and follow the global energy consumption trend that still depends on fossil fuels.

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GENERAL

New ride-sharing rules present some roadblocks

Business, Suchit Leesa-nguansuk, Published on 23/09/2025

» Thailand plans to enforce new regulations for ride-hailing platforms in October, aiming to enhance safety, transparency and reliability for passengers, drivers and platform operators.

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GENERAL

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.

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GENERAL

Gold traders oppose tax on transactions

Business, Nareerat Wiriyapong, Published on 17/09/2025

» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.

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GENERAL

SET survives profit-taking, political risk

Business, Published on 13/09/2025

» The trading pattern in August on the Stock Exchange of Thailand was mixed. After a rally in July pushed the SET index up by 14%, there was some profit-taking.