Showing 1 - 10 of 3,958
Baht fundamentals have deteriorated
Business, Published on 23/05/2024
» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.
Hotels calling for better tax treatment
Business, Molpasorn Shoowong, Published on 21/05/2024
» Hoteliers are urging a revision of the property tax calculation based on the land appraisal price and business income to ease the uneven recovery in the hospitality industry.
CPNREIT posts B1.53bn first-quarter revenue
Business, Published on 21/05/2024
» CPN Retail Growth Leasehold REIT (CPNREIT) reported 1.53 billion baht in revenue in the first quarter of 2024, an increase of 7.7% year-on-year.
SET makes another attempt to clear 1,400 hurdle
Published on 18/05/2024
» Thai shares continued to move sideways up, with the SET index struggling to clear 1,380 points (the next hurdle will be 1,400) throughout the past week, causing the market to stay rangebound.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Altitude, Creed, and Scientex Launch Premium Townhomes
Published on 17/05/2024
» Altitude Development Company Limited, a leading real estate developer in Thailand operating under the “ALTITUDE” brand, has forged strategic alliances to expand its business footprint by collaborating with renowned real estate investment partners from Japan and Malaysia, Creed Group and Scientex. Together, they have initiated the development of the ALTITUDE Kraf Vibe Bangna project. Positioned as a premium townhome-style venture boasting a minimalist design, the project strategically occupies a promising location in Bangna. Geared towards meeting the preferences of the new-generation workforce, the project offers units starting at THB 2.99 million.
Tourists tipped to fuel ride-hailing boom
Business, Molpasorn Shoowong, Published on 16/05/2024
» The Thai tourism recovery should propel ride-hailing services this year, even during the low season, says Grab Thailand.
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Consumer confidence takes a hit from high living costs
Business, Phusadee Arunmas, Published on 16/05/2024
» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).
Aberdeen anticipates stock market recovery in second half
Business, Nuntawun Polkuamdee, Published on 16/05/2024
» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.