Showing 1 - 10 of 17
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Indorama readies B15bn in debentures, eyes sustainability
Business, Published on 09/10/2019
» Indorama Ventures Plc plans to issue 15 billion baht in subordinated perpetual debentures.
Care and feeding of a fragile economy
Business, Published on 08/10/2018
» Raising the policy interest rate at a time when the country's economy remains vulnerable could stall a recovery towards sustained growth, warns Finance Minister Apisak Tantivorawong.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Dollar revival takes shine off asia stocks
Business, Published on 14/02/2017
» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
US elections to strengthen dollar
Business, Published on 21/09/2016
» The baht is expected to retreat to 36 to the dollar in the next 6-12 months on anticipation the greenback will strengthen after the US presidential election in November, say strategists at Credit Suisse.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
Little movement on set Amid Global fluctuations
Business, Nuntawun Polkuamdee, Published on 17/11/2014
» Recap: Global and Asian stock exchanges fluctuated last week due to a lack of positive factors to bolster sentiment. The SET Index moved in a narrow range of 1,555.78 and 1,580.92 points and closed at 1,575.88, down 0.16% from the previous week, on brisk average daily turnover of 52.62 billion baht. Foreign investors were net buyers of 960 million baht and brokers bought 1.33 billion more than they sold. Institutions were net sellers of 510 million baht and retail investors pulled 2.11 billion out of market.