Showing 11 - 20 of 363
Tourism to limit economic pain as new government awaited
Bloomberg News, Published on 18/05/2023
» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.
Spooked funds trigger emerging Asia’s biggest selloff before elections
Bloomberg News, Published on 20/04/2023
» Global funds are ditching Thailand’s bonds due to political risks before the May 14 general election, but history suggests they may soon come rushing back.
Megaprojects, tourism to propel growth, Arkhom says
Bloomberg News, Published on 28/02/2023
» A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith.
Stocks move sideways as foreigners unload on rate outlook
Bloomberg News, Published on 09/02/2023
» A rally in Thai equities that sent the benchmark SET Index to a fourth straight monthly gain in January is losing steam as foreign investors pulled out money for eight straight days, the longest stretch of withdrawals in more than seven months.
JPMorgan expects more IPOs, takeovers as baht gains
Bloomberg News, Published on 24/01/2023
» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
Thai stocks are top pick in Asean on tourism outlook: JPMorgan
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
JPMorgan’s top pick in Asean is Thai stocks on tourism outlook
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
Food inflation fears send rice exports to 4-year high
Bloomberg News, Published on 21/12/2022
» Thailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation.
Osaka plans for its casino debut
Bloomberg News, Published on 08/12/2022
» LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.
Hotel tycoon Bill Heinecke wants to charge tourists more to fund recovery
Bloomberg News, Published on 08/11/2022
» Bill Heinecke, the Thai-American chairman of Minor International Pcl that runs more than 500 hotels worldwide, wants Thailand to allow hotels to charge international tourists a surcharge of 300 baht (US$8) per room night to fund the industry’s post-Covid-19 pandemic recovery.