Showing 1 - 10 of 793
China seen as keeping Thai inflation low
Business, Wichit Chantanusornsiri, Published on 24/09/2024
» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.
Baht at 19-month high against US dollar
Business, Published on 24/09/2024
» The baht surged to a 19-month high against the dollar, driven by a weaker US currency and profit-taking in gold.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
Thai Chamber of Commerce urges central bank to take measures to stabilise baht
Published on 23/09/2024
» Thai businesses are pressing the central bank to take measures to stabilise the baht currency, which has rapidly gained strength and could impact fourth-quarter growth, a senior Thai Chamber of Commerce official said on Monday.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Forum promotes investment in Indonesia
Poramet Tangsathaporn, Published on 23/09/2024
» Indonesian and Thai companies can benefit more by investing in manufacturing supply chain industries, a forum was told.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Minister courts British investors
Business, Phusadee Arunmas, Published on 23/09/2024
» Commerce Minister Pichai Naripthaphan invited British businesses to invest in Thailand, strengthening cooperation in trade and investment while identifying opportunities for a potential UK-Thailand free trade agreement (FTA) in the future.
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.