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Search Result for “foreign holding”

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BUSINESS

Baht posts biggest gain in a week

Published on 11/07/2023

» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.

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BUSINESS

Asian shares fall as rate-hike bets increase

Business, Published on 08/07/2023

» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.

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BUSINESS

Ant Group supports local partners on inclusive financial services

Business, Somruedi Banchongduang, Published on 29/06/2023

» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.

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BUSINESS

Rough week for equities as central banks talk tough

Business, Published on 24/06/2023

» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.

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BUSINESS

Council urges effort to woo foreign retirees

Business, Narumon Kasemsuk, Published on 15/06/2023

» The Tourism Council of Thailand (TCT) has urged the new government to establish the country as a destination for retirees, while calling for the removal of regulatory barriers pertaining to supply development.

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BUSINESS

Baht has worst day in two weeks

Published on 06/06/2023

» The Thai baht led losses amid mixed trade in most Asian currencies on Tuesday, as US economic data pointed to sluggish growth in the country’s services sector, strengthening the case for a pause in interest rate increases by the Federal Reserve next week.

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BUSINESS

Timeline unnerves some sectors

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.

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BUSINESS

Airlines bask in sky-high fares while airports stay stuck

Published on 04/06/2023

» Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.

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BUSINESS

Chamber puts spotlight on urgent issues

Business, Phusadee Arunmas, Published on 01/06/2023

» The Thai Chamber of Commerce highlighted three urgent issues in talks held on Wednesday, with expediting the formation of a new government the priority to ensure the continuity of budget allocation.

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BUSINESS

Playing the waiting game

Business, Published on 29/05/2023

» Before May 14, many investors and analysts were hopeful that the general election could reverse the "sell in May" phenomenon, which refers to the Thai bourse traditionally underperforming during the hot, dry months.