Showing 1 - 10 of 1,190
Waiting for the dominoes to fall
Business, Post Reporters, Published on 17/07/2023
» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.
Investors advised to await clearer political signals
Business, Published on 14/07/2023
» Investors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts.
Companies on edge regarding delay
Business, Post Reporters, Published on 13/07/2023
» The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.
SET index fluctuates amid uncertain political outlook
Business, Published on 13/07/2023
» The Thai stock market switched from gains in the morning session to losses in afternoon trade on Wednesday after the Election Commission (EC) decided to send Move Forward Party (MFP) leader Pita Limjaroenrat’s iTV shareholding case to the Constitutional Court for final judgement.
Airlines push Pita to help reduce expenses
Business, Narumon Kasemsuk, Published on 12/07/2023
» Airlines are urging the new government to relieve the huge burden from exaggerated operational costs, which is 15-20% higher than in other countries, attributed largely to taxes on fuel, revenue and importing aircraft, saying this issue should be fixed within the first 100 days.
Shipments to China forecast to grow 1%
Business, Phusadee Arunmas, Published on 11/07/2023
» Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.
SET stumbles on domestic, external risks
Business, Nuntawun Polkuamdee, Published on 07/07/2023
» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.
Rice to get costlier as supply threatened
Reuters, Published on 06/07/2023
» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.
New House speaker propels Thai stocks
Business, Nareerat Wiriyapong, Published on 05/07/2023
» The Stock Exchange of Thailand (SET) rebounded modestly on Tuesday as investors hailed the selection of a House speaker as a breakthrough in the political impasse, ahead of the parliamentary vote for a new prime minister later this month.
Horns of a dilemma
Business, Post Reporters, Published on 26/06/2023
» With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.