Showing 1 - 10 of 11
Regional impact of faltering China
Business, Sirinnaree Ongsakul, Published on 27/01/2023
» Amporn Swatsuk owns a "Tubtim Siam" pomelo farm in southern Nakhon Si Thammarat province that has been hobbled by the protracted Covid-19 outbreak. For more than two years, the amount of fruit exported from the farm with geographical indication certification has dipped significantly.
Robinhood set to extend reach into OTA services
Business, Suchit Leesa-nguansuk, Published on 27/05/2021
» Online food delivery service provider Robinhood has vowed to double its investment budget to 300 million baht this year as it expands its reach into online travel agent (OTA) services.
With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
Dovish tone from yellen heartens equity investors
Business, Published on 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
Foreign flight poses threat to stock market
Business, Nuntawun Polkuamdee, Published on 04/01/2016
» The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.
SET fails to advance despite surprise rate cut
Business, Published on 16/03/2015
» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.