Showing 1 - 10 of 213
Playing the waiting game
Business, Published on 29/05/2023
» Before May 14, many investors and analysts were hopeful that the general election could reverse the "sell in May" phenomenon, which refers to the Thai bourse traditionally underperforming during the hot, dry months.
Fitch upbeat on post-poll outlook for bank sector
Business, Nareerat Wiriyapong, Published on 18/05/2023
» Pro-growth policies and the absence of protests after the election are positive signs for Thai banks and the economy, but uncertainties remain as the winning parties try to form a coalition government, says global financial information provider Fitch Group.
Bourse dips despite election landslide
Business, Published on 16/05/2023
» Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.
Practice what you preach
Business, Post Reporters, Published on 15/05/2023
» Political parties promised several populist pledges for the general election to entice voters, including a controversial 10,000-baht handout via digital wallets to those aged 16 and over; a hike in minimum daily wages to 600 baht; an increase of minimum monthly salaries for university graduates to 25,000 baht; debt suspension for farmers; an immediate cut in electricity tariffs; and a rise in the monthly allowance for people aged 60 and over to 3,000-5,000 baht, up from 600-1,000 baht.
Ministry estimates B2tn available for party pledges
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The new government will have room to spend at least 2 trillion baht to fulfil its populist campaign pledges, according to a Finance Ministry source who requested anonymity.
The critical first 100 days
Business, Post Reporters, Published on 08/05/2023
» Business leaders have begun to think about the outlook for Thailand in the first 100 days under a new administration, with the poll less than a week away.
Parties announce IT pitches to the public
Business, Suchit Leesa-nguansuk, Published on 01/05/2023
» Political parties' campaign platforms concerning IT policies should focus more on human resource development, equipping people with future skills and gearing the country for a digital economy in order to generate more jobs, say IT executives.
Bank of Thailand puts stability above stimulus
Business, Somruedi Banchongduang, Published on 25/04/2023
» Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
Bank of Thailand chief sees risks from political promises
Published on 24/04/2023
» Thailand’s central bank governor said the nation’s main political parties are trying to woo voters with policies that could undermine the country’s longer-term economic health.
The price of populism
Business, Post Reporters, Published on 18/04/2023
» After the Songkran celebrations peter out, Thais must contemplate the general election on May 14 and decide whether political parties' campaign pledges will really create a healthier economy.