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Search Result for “floating exchange rate”

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OPINION

Dollar haven status may always have been a mirage

News, Published on 10/09/2025

» The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.

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INVESTMENT

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

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GENERAL

Loan growth projected to contract this year

Business, Nareerat Wiriyapong, Published on 06/12/2024

» Bank loan growth is expected to contract this year, although it picked up slightly in the fourth quarter, with banks continuing their credit tightening in 2025-26 amid subdued GDP growth, say analysts.

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GENERAL

Tourism to gain from central bank cut

Business, Molpasorn Shoowong, Published on 17/10/2024

» Thailand's policy rate cut is expected to benefit the tourism industry, letting business operators invest and upgrade their services to improve competitiveness, while tourist spending could increase.

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INVESTMENT

B150bn Vayupak investment fund starts trading

Wichit Chantanusornsiri, Published on 07/10/2024

» The 150 billion baht-state investment fund, Vayupak Fund (VAYU1), began trading on the Stock Exchange of Thailand on Monday, drawing significant interest from investors, demonstrating that trust and confidence have returned to the Thai stock market, according to the finance minister.

INVESTMENT

Morningstar touts global bond funds' popularity

Nuntawun Polkuamdee, Published on 01/07/2024

» Global bond funds have been popular over the past year and a half, attracting investments worth 88 billion baht and generating an average return of 0.50% this year to date, according to Morningstar Research (Thailand).

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GENERAL

A closer look at the new energy plan

Business, Yuthana Praiwan, Published on 20/06/2024

» The revised version of the power development plan (PDP), which went through a week-long public hearing ending on June 19, is ready to be forwarded for approval by energy authorities, who expect to implement the plan within this year.

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GENERAL

CKPower reports a 2023 revenue of B10.94bn

Post Reporters, Published on 21/02/2024

» The company projects its performance to continue its upward trajectory, influenced by seasonal factors, and plans to increase renewables-based capacity in pursuit of CKP Net Zero Emissions 2050.

GENERAL

The lowdown on the 1997 financial crisis

Business, Published on 12/02/2024

» The 1997 Tom Yam Kung crisis was triggered by excessive loan extension by financial institutions and the liberalisation of the country's financial market, allowing Thai commercial banks to borrow money from foreign financial institutions to provide loans to businesses, says Sanan Angubolkul, chairman of the Thai Chamber of Commerce.

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THAILAND

Dragons and blessings at lucky temple

News, Published on 10/02/2024

» The Year of the Dragon begins on Saturday, the start of the Lunar New Year, which is especially meaningful for Thais with Chinese ancestry.