Showing 1 - 10 of 96
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Thai stocks tipped to rebound in 2nd half
Nareerat Wiriyapong, Published on 10/05/2024
» Recovering tourism and exports, backed by a weaker baht, along with growing fiscal budget disbursement could support a rebound of the Thai stock market in the second half this year after the index lost 2.7% year-to-date, one of the worst performers globally.
Analysts trim growth for this year and next
Business, Nareerat Wiriyapong, Published on 04/05/2024
» Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.
Influx seen boosting economy
Business, Nareerat Wiriyapong, Published on 27/02/2024
» Thailand's tourism upturn should get a boost from China's launch of measures to boost its economy, with more Chinese travellers expected to arrive in Thailand to drive the Thai economy to growth of at least 3% this year, analysts say.
Analysts trim Thai growth outlook
Business, Nareerat Wiriyapong, Published on 24/02/2024
» Despite two anticipated interest rate cuts this year, analysts are downgrading Thailand's economic growth outlook, citing lower tourism revenue and increasing uncertainty surrounding the digital wallet policy.
Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
Analysts downgrade Thai GDP growth outlook for 2023
Business, Nareerat Wiriyapong, Published on 22/11/2023
» Analysts have downgraded Thailand's economic growth forecast for 2023 after data indicated a much lower third-quarter GDP expansion than expected while there are uncertainties surrounding the controversial digital wallet policy.
Two stimulus schemes could face hurdles
Business, Nareerat Wiriyapong, Published on 15/11/2023
» Legal and funding challenges could derail or significantly scale down implementation of the costly digital wallet and e-refund schemes the government plans to roll out next year, blunting GDP growth estimates for 2024, according to analysts.
Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
Investor confidence index hits 5-month low
Business, Nareerat Wiriyapong, Published on 09/11/2023
» The Federation of Thai Capital Market Organizations' (Fetco) investor confidence index (ICI) plunged to a five-month low and returned to the bearish zone in October, weighed down by the Israel-Hamas conflict and capital outflows.