Showing 21 - 30 of 5,404
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
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:
Weak US jobs report all but ensures rate cut
Published on 06/09/2024
» WASHINGTON - US Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a government report on Friday showed employers added far fewer workers than economists had expected in August and July.
Bad loans expected to hit banks hard this year
Business, Nareerat Wiriyapong, Published on 06/09/2024
» The banking sector is expected to face greater pressure for the remainder of the year as asset quality continues to deteriorate, with the new government seeking to lower lending rates, while risks from bad personal loan and credit card debt rise, say analysts.
Inflation up in August, below forecast
Reuters, Published on 05/09/2024
» Thailand's annual headline inflation rate slowed in August, as food prices rose and energy prices fell, the Commerce Ministry said on Thursday, and remained below the Bank of Thailand's (BoT) target range of 1% to 3%.
New central bank chairman to be chosen in October
Published on 04/09/2024
» A new chairman for the Bank of Thailand board is to be appointed by early October, according to the head of the selection committee, as the government seeks more influence over the central bank in the wake of a long-running public disagreement over interest rates.
Inflation target range still effective - central bank
Reuters, Published on 04/09/2024
» Thailand's current inflation target range of 1% to 3% has been effective in anchoring expectations and in handling price shocks, minutes of the Bank of Thailand's (BoT) Aug 21 monetary policy meeting showed on Wednesday.
SCB expects rate cut later this year
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Thailand economy improved in July, supported by global demand
Published on 30/08/2024
» Thailand's economy improved in July after slowing down in the previous month, as stronger global demand supported exports, tourism and manufacturing, the central bank said on Friday.