Showing 1 - 10 of 24
Gold leaps to eight-year high
Business, Darana Chudasri, Published on 19/05/2020
» Gold prices rallied to a near eight-year high yesterday, breaching US$1,760 per ounce, buoyed by the US Federal Reserve chairman's pessimistic comments on the US economic recovery and the pandemic.
BoT boss admits baht too high
News, Darana Chudasri, Published on 24/11/2019
» Bank of Thailand governor Veerathai Santiprabhob admits the baht has appreciated at a rate which exceeds the economic fundamentals, saying that interest rate cuts are no longer "strong medicine" that can cure it.
BoT sees glimmer in final quarter
Business, Darana Chudasri, Published on 01/11/2019
» The Bank of Thailand is optimistic that the country's economic growth momentum in the final quarter is gathering pace, propelled by private consumption amid a raft of stimulus packages, public and private investment, and tourism strength.
Q3 earnings sends SET under 1,600
Business, Darana Chudasri, Published on 26/10/2019
» The Stock Exchange of Thailand (SET) index on Friday plunged below 1,600 points, a nine-month low, marred by concerns over the third-quarter earnings of large listed companies and a dejected economic outlook, both domestically and externally.
World Bank joins ranks of GDP naysayers
Business, Darana Chudasri, Published on 11/10/2019
» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.
BoT optimistic about Q3 growth on tourism, stimulus
Business, Darana Chudasri, Published on 01/10/2019
» Thailand's economic growth in the third quarter is likely to improve from the second quarter's reading, mainly thanks to positive tourism growth and the government's economic stimulus measures, says the Bank of Thailand.
Q3 exports poised for biggest drop
Business, Darana Chudasri, Published on 29/08/2019
» Exports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist.
Citi sees 3.3% GDP growth this year as engines slow
Business, Darana Chudasri, Published on 12/07/2019
» Thai GDP is forecast to expand by 3.3% this year as growth momentum is weighed by an economic slowdown and tepid private investment seen in the first quarter, says Citi Thailand.
KS lifts 12-month SET target
Business, Darana Chudasri, Published on 10/07/2019
» Kasikorn Securities (KS) remains bullish on local stocks and has raised its 12-month forward target for the SET index to 1,775 from the previous 1,725.
Investor confidence bounces back
Business, Darana Chudasri, Published on 07/02/2019
» Investor confidence is up for the first time in four months, boosted by optimism about the upcoming general election, domestic economic conditions and January's foreign capital inflows.