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Search Result for “ktb”

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GENERAL

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.

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GENERAL

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.

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BUSINESS

Asian stocks fall amid fears of recession

Business, Nareerat Wiriyapong, Published on 25/04/2023

» The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

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BUSINESS

KTB preps for yuan business in Yunnan

Business, Nareerat Wiriyapong, Published on 11/12/2013

» YUNNAN : Krungthai Bank (KTB), the country's second-largest bank by assets, is strengthening the role of its Kunming branch as part of the strategy to build a greater presence in the Greater Mekong Subregion.

BUSINESS

CK eyes Myanmar, Vietnam projects as Xayaburi proceeds

Business, Nareerat Wiriyapong, Published on 17/08/2012

» Ch. Karnchang Plc (CK), Thailand's third-largest contractor by market value, is eyeing projects in Myanmar and Vietnam, while its controversial Xayaburi hydroelectric project in Laos remains on track to begin dam construction this year.