Showing 1 - 10 of 41
Delta bets on hot tech sectors
Business, Nareerat Wiriyapong, Published on 29/06/2024
» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.
War worries put pressure on baht
Business, Nareerat Wiriyapong, Published on 23/04/2024
» The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre (K-Research).
Association predicts gold hitting 40,000 baht in H2
Business, Nareerat Wiriyapong, Published on 29/03/2024
» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.
World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
Gold jumps as tension mounts
Business, Nareerat Wiriyapong, Published on 27/10/2023
» Increasing tensions in the Middle East could push gold prices past US$2,000 per ounce, while domestic gold prices could reach 34,700 baht after two spikes yesterday, say local gold traders.
Gold price could edge higher
Business, Nareerat Wiriyapong, Published on 12/10/2023
» Global gold prices could hit US$1,875 per ounce in the near term as the war in the Middle East shows no signs of ending soon, according to the Gold Traders Association (GTA).
Bleak economic view for Asia
Business, Nareerat Wiriyapong, Published on 11/03/2023
» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.
Biden needs to do better in Asia
Asia focus, Nareerat Wiriyapong, Published on 30/05/2022
» When Joe Biden arrived in Asia last week for the first visit to the region of his presidency, he aimed to pick up where his predecessor left off. Landing in South Korea on May 20 as events in North Korea and the Ukraine crisis loomed large, Mr Biden then travelled to Tokyo for a meeting of an alliance of the US, Australia, Japan and India that aims to counter China's growing influence.
Food price solutions a priority
Asia focus, Nareerat Wiriyapong, Published on 02/05/2022
» Food prices are on the rise everywhere in the world. In Thailand, prices of limes have been at historical highs for months, now as much as 10 baht each in wet markets. Instant noodle makers want to hike their prices by up to 20% as raw material costs have surged, but Commerce Minister Jurin Laksanawisit insists they can't.
Taiwan feels chill from Ukraine crisis
Asia focus, Nareerat Wiriyapong, Published on 28/02/2022
» Countries across the world are feeling the impact of Russia's full-scale invasion of Ukraine as stock markets tumble and oil prices spike. But Taiwan is feeling a particular chill, amid concerns that it eventually could face a similar fate at the hands of China.