Showing 1 - 10 of 9,403
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Demand high for Exim's 1st Blue Bond
Business, Wichit Chantanusornsiri, Published on 27/07/2024
» The Export-Import Bank of Thailand (Exim Bank) has reported significant success with its first Blue Bond worth 3 billion baht, which saw subscription demand exceeding the amount issued by 2.5 times, reflecting strong demand from institutional and major investors.
Prepare for a rough ride
Business, Published on 27/07/2024
» As we approach the midpoint of the third quarter, the economic and financial market picture is becoming clearer. First, the US Federal Reserve is likely to cut interest rates soon. Second, the US presidential race is likely to intensify. And third, China's economic slowdown is decelerating, implying the need for more stimulus. But the signals from the Beijing government have been to focus more on quality growth than quantity.
EXIM Thailand Launches First THB Blue Bond
Published on 26/07/2024
» Dr. Paopoom Rojanasakul, Deputy Minister of Finance, congratulated Mr. Bundit Sapianchai, Chairman of the Board of Executive Directors, Export-Import Bank of Thailand (EXIM Thailand); Dr. Warotai Kosolpisitkul, Chairman of EXIM Thailand’s Risk Oversight Committee; and Dr. Rak Vorrakitpokatorn, EXIM Thailand’s President; along with Mr. Kenichi Yamato, President and Chief Executive Officer of Bank of Ayudhya Public Company Limited (BAY); Ms. Paphakorn Ratanasate, Senior Executive Vice President, Investment and Financial Management Group, Government Savings Bank (GSB); Mr. Kosintr Puongsophol, Financial Sector Specialist, Economic Research and Regional Cooperation Department, Asian Development Bank (ADB); and representatives of investors and customers of EXIM Thailand at a press conference to announce the notable success of EXIM Thailand’s issue and offering of a Blue Bond, with BAY and GSB as lead underwriters at EXIM Thailand’s Head Office on July 26, 2024.
Price index of vacant land dips in Q2
Kanana Katharangsiporn, Published on 26/07/2024
» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.
Household debt pressures growth
Business, Nuntawun Polkuamdee, Published on 26/07/2024
» The high level of household debt has continued to pressure economic growth and is holding back investors' decision on whether or not to invest more, a recent survey conducted by the Association of Investment Management Companies (AIMC) has found.
It's time for (quality) mid-caps
Business, Published on 26/07/2024
» The recently concluded Euro 2024 football tournament captivated hundreds of millions of people around the world -- and kept more than a few bleary-eyed Thai fans up until the wee hours of the morning cheering on their favourites.
Digital wallet scheme poses credit risk
Oped, Chartchai Parasuk, Published on 25/07/2024
» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.
Local traders optimistic on price outlook for gold
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.