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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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THAILAND

Arkhom appt a pleasant surprise

News, Published on 10/10/2020

» A meeting a few months ago between Arkhom Termpittayapaisith and Prime Minister Prayut Chan-o-cha in the northeastern province of Si Sa Ket set rumour mills buzzing that the former transport minister was being eyed for a comeback to the cabinet.

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THAILAND

Prayut sings praises of new finance minister

News, Post Reporters, Published on 07/10/2020

» Arkhom Termpittayapaisith, who will be sworn in as finance minister on Oct 11, is a strong hand with a proven track record who can also work in sync with politicians, says Prime Minister Prayut Chan-o-cha.

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OPINION

Tough times still lie ahead

Oped, Editorial, Published on 08/08/2020

» Prime Minister Prayut Chan-o-cha has initially won a political tug-of-war by making a cabinet reshuffle and filling vacant positions with people he mostly trusts, without breaking up the ruling Palang Pracharath Party -- yet.

BUSINESS

SET has best week of year as Pyongyang rattles investors

Business, Published on 04/09/2017

» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

BUSINESS

Worries about korea and france keep trade subdued

Business, Published on 24/04/2017

» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

BUSINESS

Dollar revival takes shine off asia stocks

Business, Published on 14/02/2017

» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.

BUSINESS

China anxiety hits shares, Set endures volatile week

Business, Published on 17/10/2016

» Recap: Disappointing Chinese trade data that revived concerns about the world's second largest economy weighed on global market sentiment last week. Thai shares experienced wild swings throughout the week on domestic worries, plunging below 1,400 points before buying on dips reversed the sharp drop on Friday.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

BUSINESS

Bank worries depress set as global stocks advance

Business, Published on 20/07/2015

» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.