Showing 1 - 10 of 61
Gulf vows to stick with Binance deal
Business, Published on 05/09/2022
» The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.
Siam Commercial Bank's purchase of crypto exchange Bitkub stalled
Published on 01/08/2022
» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.
Unmasking changes to Covid restrictions
Business, Janine Phakdeetham, Published on 22/06/2022
» As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.
Economic outlooks diverging in second quarter
Business, Published on 24/04/2021
» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.
Be careful of the turning tide
Business, Piyasak Manason, Published on 09/09/2020
» As we expected, the global and Thai economies have reached low points not seen in decades and have begun to recover gradually in recent weeks. But in terms of investing, we are beginning to see a significant shift in the theme.
Is this the turning point?
Business, Piyasak Manason, Published on 25/07/2020
» In our last column we warned about the great uncertainties surrounding the divergence of the economic and investment worlds, and how they may converge due to the rise of those uncertainties. It is possible that we may begin to see a turning point this month.
The world after Covid
Business, Piyasak Manason, Published on 27/06/2020
» The second quarter of 2020 has seen a divergence between the investment world and real economic conditions. Despite a recent uptick, the global economy is still contracting: the IMF has just downgraded its global GDP forecast to -4.9% from -3.0%.
Fresh virus spikes give investors pause
Business, Published on 22/02/2020
» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.
Too early for rate hate
Business, Published on 10/08/2019
» The Bank of Thailand voted 5-2 in favour of cutting its policy interest rate by 25 basis points to 1.50% in response to weak economic growth. The move came as a surprise to the market and to us. At this point, we believe that the central bank may wait to see the impact from Wednesday's decision before taking any additional steps.
Five commonly misunderstood market concepts, explained
Business, Published on 23/03/2019
» I am no political guru and am making no predictions about tomorrow's election outcome, so writing an article based on election results would be like gambling. Therefore, I have decided to try something that has a longer shelf life. It is based on my experience from various investment seminars over the past couple of years, which has shown me that there are at least five concepts about the market that are commonly misunderstood.