Showing 1 - 10 of 128
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Analyst sees Bank of Thailand as likely to copy Fed
Business, Published on 20/09/2024
» The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, says CIMB Thai Bank chief economist Amonthep Chawla.
Thailand and UK sign ‘enhanced trade’ pact
Published on 18/09/2024
» The government of the United Kingdom has agreed to boost trade and investment with Thailand in the first such deal made by the new Labour government since it took office in July.
Tasco sees performance improving in rest of year
Business, Yuthana Praiwan, Published on 10/09/2024
» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects a better business performance in the last two quarters of this year, following a drop in revenue in the first half.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Tourism minister urged to brace for the worst
Molpasorn Shoowong, Published on 06/09/2024
» Tourism operators have warned the new tourism minister to brace for a nosedive in the global economy and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.
Thai baht weakens as China falters
Business, Published on 03/09/2024
» The baht led Asian currencies that weakened against the dollar on Monday on a faltering Chinese economy, with analysts suggesting the baht could be on a depreciating trend for the remaining months of this year if the US Federal Reserve (Fed) cuts rates by less than the 1% reduction anticipated by the market this year.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Heavy burden on young shoulders
Business, Published on 26/08/2024
» Paetongtarn Shinawatra's recent ascension to prime minister, following the Constitutional Court's dismissal of her predecessor Srettha Thavisin over ethics violations based on a cabinet appointment, and the dissolution of the progressive Move Forward Party, which won the last election, presents a complex interplay of economic, political and social challenges for the nation.
Thai stocks finish best week since early 2021
Published on 23/08/2024
» Conviction is growing that one of the world’s worst-performing stock markets is due for a turnaround, as easing political uncertainty in Thailand and new proposals to spur the economy revive investor confidence.