Showing 1 - 10 of 283
Business, Published on 30/03/2024
» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Business, Nuntawun Polkuamdee, Published on 15/03/2024
» Krungthai Asset Management (KTAM) advises investors to balance their portfolio by focusing on debt instruments and stocks amid the global economic slowdown and rising uncertainties.
Business, Published on 10/02/2024
» Following last year's decline of 15%, the Stock Exchange of Thailand plumbed a new three-year low in January.
Business, Nareerat Wiriyapong, Published on 06/02/2024
» The Thai bond market will remain robust with favourable returns this year thanks to sustained high interest rates, with new issuances estimated at 1 trillion baht, according to financial advisor SCB Wealth.
Business, Nuntawun Polkuamdee, Published on 31/01/2024
» Brokerages have identified seven tourism-related stocks on the Thai bourse that should be major beneficiaries of the Thailand-China free visa policy signed earlier this week, which is expected to significantly increase arrivals from the mainland this year.
Business, Nareerat Wiriyapong, Published on 19/01/2024
» The Thai bond market remains resilient with ample liquidity to serve new issuances this year, including government bonds issued under a special bill to fund the 500-billion-baht digital wallet scheme, says Maybank Securities.
Business, Published on 13/01/2024
» RECAP: Equity markets in Asia were mixed yesterday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected US inflation data did not dent investors' views on early and aggressive rate cuts in the US and Europe.
Business, Nareerat Wiriyapong, Published on 04/01/2024
» The baht could strengthen to 33 to the US dollar in the near term as the market is convinced the US Federal Reserve will start cutting interest rates by as early as March, bringing back fund inflows to the Thai currency.
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.