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Search Result for “exchange rate”

Showing 1 - 10 of 6,317

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THAILAND

EGCO profit jumps 88% on strong performance

Published on 15/08/2025

» Bangkok, August 15, 2025 - Electricity Generating Public Company Limited (EGCO Group) has announced strong first-half 2025 results, posting a net profit of 5,734 million baht—an increase of 2,679 million baht or 88% year-on-year. The solid performance was largely driven by the company’s “Triple P” strategy, which emphasises strategic asset recycling. 

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GENERAL

Analysts expect baht to test 32 as US dollar weakens further

Nareerat Wiriyapong, Published on 14/08/2025

» The baht could appreciate to test 32 to the US dollar or strengthen even further, as the greenback is set to weaken further amid mounting pressure on the Federal Reserve to cut the US interest rate at its September meeting, according to analysts.  

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GENERAL

Delta Electronics says AI will fuel ‘double-digit’ growth

Published on 14/08/2025

» Delta Electronics (Thailand) Plc is predicting “double-digit” sales growth to continue for at least the next two years on rising demand for AI-related technology, says chief executive officer Victor Cheng.

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GENERAL

BGRIM posts B475m Q2 profit

Business, Published on 14/08/2025

» B.Grimm Power Plc (BGRIM) has reported a normalised net profit attributable to the parent company of 475 million baht in the second quarter of this year, as well as 1.22 billion baht for the first six months.

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GENERAL

Strengthening baht adds to Thai tourism sector woes

Narumon Kasemsuk, Published on 13/08/2025

» The strengthening baht is beginning to weigh on Thailand’s fragile tourism sector, already plagued by recurring security issues, leaving travellers feeling their visits aren’t worth the cost.

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GENERAL

MFC touts emerging Asian equities as US is overvalued

Business, Nuntawun Polkuamdee, Published on 13/08/2025

» MFC Asset Management says Thai and other emerging Asian equities are becoming more attractive than US stocks, which are trading at elevated valuations, as the company is overweighting bonds relative to equities in the second half of 2025 amid global interest rate cuts.

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INVESTMENT

Krungsri Securities predicts SET may rally on rate cut

Business, Nuntawun Polkuamdee, Published on 12/08/2025

» The Thai stock market is poised for an August rally on expectations the Bank of Thailand's Monetary Policy Committee (MPC) will trim the policy rate at tomorrow's meeting, says Krungsri Securities (KSS).

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INVESTMENT

Merkle keen on crypto potential

Business, Nuntawun Polkuamdee, Published on 12/08/2025

» The price of Bitcoin could see a short-term correction after reaching a record high last month, but the long-term growth potential of the digital asset market remains intact, particularly within the Ethereum ecosystem, says Merkle Capital.

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OPINION

EU could win trade war with US

News, Published on 12/08/2025

» The US-EU trade deal has been heavily criticised as a capitulation by the bloc. But if you dive into the agreement details, the European Union is likely not only to suffer less than the US but may even see its economy benefit from the new global tariff regime.

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GENERAL

Rice exporters target new Asian markets

Business, Phusadee Arunmas, Published on 11/08/2025

» The Commerce Ministry has announced a plan to increase rice exports to China, Bangladesh, Saudi Arabia, Japan and Hong Kong.