Showing 11 - 20 of 560
Investor confidence takes a nosedive
Business, Nareerat Wiriyapong, Published on 08/06/2023
» The investor confidence index retreated to bearish territory for the first time in eight months in May as political conflicts and an economic slowdown undermined sentiment, suppressing the positive impact of a tourism recovery, says the Federation of Thai Capital Market Organizations (Fetco).
Analysts anticipate more rate hikes
Business, Nareerat Wiriyapong, Published on 03/06/2023
» The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.
Investors fret as Chinese factories decelerate
Business, Nareerat Wiriyapong, Published on 01/06/2023
» Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.
Stark shares return from SET suspension for one month
Business, Nareerat Wiriyapong, Published on 30/05/2023
» Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock Exchange of Thailand (SET).
Stocks rise as political fears subside
Business, Nareerat Wiriyapong, Published on 19/05/2023
» The Stock Exchange of Thailand (SET) returned to positive territory on Thursday after falling for three consecutive days following Sunday's election, with the victorious Move Forward Party (MFP) announcing a plan to form a coalition government with 313 members of parliament.
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.
Analysts upbeat on Thai growth outlook
Business, Nareerat Wiriyapong, Published on 17/05/2023
» Thailand's economic growth is expected to accelerate in the final nine months of this year, even as the global economy teeters near a recession, thanks partly to a lift following the May 14 election, analysts say.
Gold demand surges amid jitters
Business, Nareerat Wiriyapong, Published on 11/05/2023
» Global demand for gold among investors is growing this year thanks to turmoil in the banking sector, geopolitical tensions and a challenging economic environment, leading more people to flock to the precious metal as a safe-haven asset, says the World Gold Council (WGC).
Condo-backed RealX token to debut on TDX
Business, Nareerat Wiriyapong, Published on 11/05/2023
» The RealX condo-backed token is on course to become the first digital asset to be traded on the Thai Digital Assets Exchange (TDX) later this quarter, with the aim of mobilising up to 3.5 billion baht, say executives.
Local bourse starts to see net inflows
Business, Nareerat Wiriyapong, Published on 10/05/2023
» The Thai stock market, which posted significant capital outflows in the first four months of this year, has begun to record net inflows this week as investors absorbed negative news about the US banking crisis and a potential recession, says the Stock Exchange of Thailand (SET).