Showing 1 - 10 of 124
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.
AI model 'better' at pricing currencies than humans
Bloomberg News, Published on 25/09/2024
» LONDON - ING Groep NV is starting to use artificial intelligence (AI) to price currencies, replacing a job traditionally performed manually by the bank's traders.
Baht at 19-month high against US dollar
Business, Published on 24/09/2024
» The baht surged to a 19-month high against the dollar, driven by a weaker US currency and profit-taking in gold.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
Study touts tech for firms
Business, Phusadee Arunmas, Published on 12/09/2024
» The International Institute for Trade and Development (ITD) provides policy recommendations to strengthen micro, small and medium enterprises (MSMEs) in the automotive and auto parts and fashion industries by leveraging innovative technologies with low-interest financing and a focus on new markets such as Africa, India and the Middle East.
Baht volatility against the dollar exceeds regional peers
Business, Somruedi Banchongduang, Published on 10/09/2024
» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Spotlight on domestic plays
Business, Published on 07/09/2024
» The SET index drifted sideways up in August. After finding support at 1,273 points early in the month, marking the month's low, the index broke above the upper end of the sideways trend of its two-month range (June-July), reaching the month's high of 1,370. Key factors affecting market movements include: