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Published on 07/06/2023
» Uncertainty over the formation of a new government has dragged investor confidence in the country’s stock market to an eight-month low, a capital markets group said on Wednesday.
Business, Wichit Chantanusornsiri, Published on 07/06/2023
» Zero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election.
Business, Nuntawun Polkuamdee, Published on 07/06/2023
» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.
Business, Post Reporters, Published on 05/06/2023
» The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.
Business, Wichit Chantanusornsiri, Published on 05/06/2023
» A new government is expected to be formed following the general election last month, riding the turbulent winds of geopolitical and technological change, which is likely to cause disruption.
Business, Published on 03/06/2023
» The SET Index looks vulnerable to concerns about the transfer of political power and the coming Federal Reserve meeting. The index could plummet if investors lack confidence in the new government and if the Fed hikes its short-term rate at a faster pace than expected. Among factors affecting the market:
Bloomberg News, Published on 02/06/2023
» Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.
AFP, Published on 02/06/2023
» WASHINGTON: United States senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.
Business, Lamonphet Apisitniran, Published on 01/06/2023
» Thailand's Manufacturing Production Index (MPI) is expected to be tepid this year, with growth of 0-1% because of a combination of business obstacles domestically and overseas, as the April reading was the lowest in 34 months.
Business, Pitsinee Jitpleecheep, Published on 01/06/2023
» Saha Group, the country's leading consumer product conglomerate, suggests the new government emphasise promoting the agricultural sector rather than a sharp increase in the daily minimum wage, as this approach would help sustainably develop the country's economy.