Showing 1 - 10 of 14
Heavy burden on young shoulders
Business, Published on 26/08/2024
» Paetongtarn Shinawatra's recent ascension to prime minister, following the Constitutional Court's dismissal of her predecessor Srettha Thavisin over ethics violations based on a cabinet appointment, and the dissolution of the progressive Move Forward Party, which won the last election, presents a complex interplay of economic, political and social challenges for the nation.
US rate cuts set to prop up ailing Thai stock exchange
Business, Nareerat Wiriyapong, Published on 08/08/2024
» Projected interest rate cuts by the Federal Reserve designed to stop the US falling into recession could help shore up the Stock Exchange of Thailand (SET) for the rest of 2024 after the index dipped 6.7% in the first seven months of this year, says a bourse executive.
Consumer confidence slips again
Business, Phusadee Arunmas, Published on 07/08/2024
» Consumer confidence dropped for a fifth straight month in July, falling to its lowest level since September last year on concerns over the slow rate of economic recovery and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).
Consumer confidence falls to 11-month low
Reuters, Published on 06/08/2024
» Thai consumer confidence dropped for a fifth consecutive month in July to its lowest level since August last year due to concerns over a slow economic recovery, the rising cost of living and political uncertainty, a survey showed on Tuesday.
Digital wallet details fail to rally SET
Business, Nareerat Wiriyapong, Published on 25/07/2024
» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.
Why is the SET in a protracted slump?
Business, Nareerat Wiriyapong, Published on 11/07/2024
» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.
Market volatility could create some opportunities
Business, Published on 06/07/2024
» The SET index experienced a downtrend in June, trading within a range of 1,280 and 1,354 points and reaching the month's low in mid-June before rebounding to 1,323, which coincided with the 200-day moving average acting as a resistance.
Political risk weighs on economy
Business, Published on 24/06/2024
» Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
SET approaching 4-year low on political turmoil
Business, Published on 15/06/2024
» The Stock Exchange of Thailand traded sideways throughout the month of May. After touching 1,400 points in April, the SET index never got close to that level again.