Showing 1 - 10 of 61
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
SET approaching 4-year low on political turmoil
Business, Published on 15/06/2024
» The Stock Exchange of Thailand traded sideways throughout the month of May. After touching 1,400 points in April, the SET index never got close to that level again.
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
PM blames court cases for SET decline
Published on 11/06/2024
» Prime Minister Srettha Thavisin on Tuesday admitted that the current political situation could be affecting the stock market, which hit a four-year low on Monday.
Political uncertainties drive stocks down to four-year low
Business, Nuntawun Polkuamdee, Published on 11/06/2024
» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.
Political risks stifle Thai bonds
Published on 06/06/2024
» Rising political risk in Thailand is keeping foreign investors cautious about the country’s bonds, even as they tiptoed back into the market in May for the first time in six months.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Political turmoil could put handout at risk, say analysts
Published on 31/05/2024
» Rising political uncertainty poses significant risks to Prime Minister Srettha Thavisin’s plan for a 500-billion-baht digital wallet handout to stimulate the economy, say analysts at Citigroup and Nomura Holdings.
Saha Group unfazed by daily wage hike
Business, Kuakul Mornkum, Published on 31/05/2024
» The fragile domestic purchasing power in the lower income segment and the lack of long-term investment would create a tremendous challenge for the government to stimulate the economy, according to Saha Group, the country's leading consumer goods conglomerate.