Showing 51 - 60 of 1,835
Baht declines as investors baulk at lack of fiscal discipline
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Backbase touts local engagement banking
Business, Somruedi Banchongduang, Published on 11/11/2023
» Engagement banking is another phase of digital banking development in Thailand that can facilitate business growth, says a fintech firm.
Baht hits two-month high
Business, Nareerat Wiriyapong, Published on 07/11/2023
» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.
AIS looks to major evolutionary transitions
Business, Komsan Tortermvasana, Published on 07/11/2023
» Advanced Info Service (AIS) is improving its service capacities and launching new innovations as part of its efforts to "take a leap towards the next evolution".
PM doubles down on digital wallet
Post Reporters, Published on 05/11/2023
» Prime Minister Srettha Thavisin on Saturday insisted the government will not back out of its digital money handout, saying details will become clear on Friday.
Asian equities rise amid expected rate relief
Business, Published on 04/11/2023
» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.
Digital Valley project continues to progress
Business, Komsan Tortermvasana, Published on 04/11/2023
» The Thailand Digital Valley project in Chon Buri, expected to form part of the digital economy backbone, has completed the construction of the Digital Startup Knowledge Exchange Center, which is fully occupied and slated to open this year.
Panel calls for Pao Tang app for stimulus money
Business, Somruedi Banchongduang, Published on 02/11/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.
Baht likely to climb higher if Fed disappoints on rates
Business, Nareerat Wiriyapong, Published on 01/11/2023
» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.
Xayaburi Power Thrives with Oversubscribed THB 3.5 Billion Green Bond
Published on 31/10/2023
» Mr. Vorapote Uchoepaiboonvong, Managing Director of Xayaburi Power Company Limited (XPCL) or the Xayaburi Hydroelectric Power Plant, an associate company of CK Power Public Company Limited, or CKPower (stock symbol: “CKP”), one of the region’s largest renewables-based power producers, announced the successful offering of its name-registered, unsecured, and unsubordinated green bonds no. 1/2023 in Thai baht with a debentureholders’ representative on October 20, 24, and 25. This success underscores investors’ confidence in XPCL and reinforces CKPower’s dedication to clean energy-based electric power production, aiming to enhance Thailand's transition to renewable energy.