Showing 1 - 4 of 4
SET poised to bottom out in March
Business, Published on 12/03/2024
» As expected, the Stock Exchange of Thailand ticked up in February, adding 6.15 points, or 0.5%, to close the month at 1,370.67. The first week of the month started strongly as positive tourism sentiment boosted the index by 1.4%. But the market quickly encountered pushback as the Bank of Thailand refrained from cutting interest rates.
Thai hotel investments accelerate
Molpasorn Shoowong, Published on 16/01/2024
» Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9 Hotelworks.
Visa pact to boost stocks
Business, Nuntawun Polkuamdee, Published on 05/01/2024
» Investors are recommended to gradually buy and accumulate travel stocks as the permanent visa-free arrangement between Thailand and China could drive the number of Chinese visitors to rise by 57% this year, with total foreign arrivals reaching 33 million, according to analysts.
All eyes on continuing political drama
Published on 22/07/2023
» Local stock market movements in the past week can be divided into two parts. In the first part, the SET Index rebounded to breach the initial resistance at 1,525 and hit the key resistance at 1,540 on better political clarity, despite a potential delay in government formation and the emergence of a new prime ministerial candidate.