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Showing 1-10 of 5,175 results
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Stocks recover after slipping on tough talk from Fed
Business, Published on 23/09/2023
» RECAP: Most stock markets rose on Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest-rate increases by central banks struggling to tame inflation.
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BEV sales to soar despite lending restraint
Lamonphet Apisitniran, Published on 22/09/2023
» Sales of battery electric vehicles (BEVs) are expected to reach 60,000-70,000 units this year, exceeding the target of 40,000 units, as demand soars even though banks are enforcing stricter loan criteria which threatens to affect domestic car manufacturing, says the Federation of Thai Industries (FTI).
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Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
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Fed likely to pause rate hikes, raise growth forecast
AFP, Published on 20/09/2023
» WASHINGTON - Analysts expect the United States Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.
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Asian shares rally on upbeat data from China
Business, Published on 16/09/2023
» RECAP: Asian stocks rose strongly on Friday, extending a global equity rally, after better-than-expected Chinese economic data added to the optimism that tightening campaigns by major central banks were almost over.
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Extending financial credit to SMEs
Oped, Pakorn Vichyanond, Published on 16/09/2023
» SMEs in Thailand are in dire economic straits. Despite the fact they make up 99% of businesses in the country, they receive only 18% of outstanding credit from commercial banks and contribute 35% of GDP.
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Employers urge new debt measures
Business, Lamonphet Apisitniran, Published on 15/09/2023
» The new government should speed up efforts to reduce high household debt and help middle-income earners, not only farmers, as the former are also shouldering huge financial burdens, says the Employers' Confederation of Thai Trade and Industry (EconThai).
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Developers seek state aid for agricultural sector
Business, Kanana Katharangsiporn, Published on 15/09/2023
» The government should bolster the provincial economy by enhancing the agricultural sector as this will create a ripple effect in Bangkok and ultimately stimulate demand for housing nationwide, say developers in the Northeast.
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Bangkok Bank maintains global expansion plans
Business, Somruedi Banchongduang, Published on 14/09/2023
» Bangkok Bank (BBL) is continuing to grow its international banking business while making an adjustment in strategy, in line with countries' changing economic circumstances.
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Tech stocks struggle ahead of key US inflation data
AFP, Published on 13/09/2023
» NEW YORK - Markets in the United States and Europe closed mostly in the red on a disappointing day for tech stocks, as investors brace for crucial US inflation data and grapple with ongoing concerns about the Chinese economy.
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