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BUSINESS

Traders expect gold prices to continue to skyrocket

Nareerat Wiriyapong, Published on 12/01/2026

» Traders say gold prices should continue to rise in the near term after bullion broke through US$4,600 an ounce for the first time on Monday, resulting in the baht’s appreciation despite policymakers’ efforts to stem the rise.

BUSINESS

Gold set to gain from Venezuelan upheaval

Business, Nareerat Wiriyapong, Published on 06/01/2026

» Gold prices could potentially revisit the record high of US$4,549 an ounce, pushing the domestic price of gold bars to 67,000 baht per baht-weight, attributed to geopolitical tensions after the US announced it is "managing" Venezuela following the capture and removal of President Nicolás Maduro, gold traders say.

BUSINESS

Weak economy could hamper prospects for crypto

Business, Nareerat Wiriyapong, Published on 02/01/2026

» While the crypto trading industry expects a bright outlook in 2026, thanks to improved regulatory clarity and growing institutional investors, Binance TH expressed concerns over the stagnant economy that could affect nationwide adoption.

BUSINESS

Chow Tai Fook keen to expand abroad

Business, Nareerat Wiriyapong, Published on 24/10/2025

» The rebounding tourism sector not only gives a boost to local hotels and tourism-related businesses, but also to Chinese jewellery brand Chow Tai Fook as the Hong Kong-listed firm aims to capitalise on the growth of affluent Chinese travellers and a growing middle class in Southeast Asia.

BUSINESS

Stock rollercoaster goes from slump to stimulus-driven surge

Nareerat Wiriyapong, Published on 13/10/2025

» After losing 9% year-on-year in the first nine months of 2025, the Stock Exchange of Thailand (SET) index is moving into the final quarter with more bullish sentiment, topping 1,300 points in early October thanks to the new government's economic stimulus and an easing cycle for Thai interest rates.

BUSINESS

Binance keen to develop Thailand as crypto hub

Business, Nareerat Wiriyapong, Published on 30/09/2025

» Thailand has ample potential to become a cryptocurrency hub in Asia-Pacific, says Binance, as the world's largest crypto exchange operator identified three pillars to capitalise on growth in the fast-growing region.

BUSINESS

Conditions align for gold price spike

Business, Nareerat Wiriyapong, Published on 04/09/2025

» Domestic gold prices are on course to surpass the previous record high of 54,800 baht per baht-weight set on April 22, as global prices could hit US$3,600 per tonne later this year after bullion set a new record high on uncertainties surrounding Trump tariffs and US interest rate cuts.

BUSINESS

Thai hotels forced to cut room rates

Business, Nareerat Wiriyapong, Published on 03/09/2025

» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Thai hotels cut room rates amid falling tourist numbers

Nareerat Wiriyapong, Published on 02/09/2025

» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Central takeover of Dusit Thani wrangle continues

Business, Nareerat Wiriyapong, Published on 29/08/2025

» A takeover by Central Pattana Plc (CPN) would be considered a positive for Dusit Thani as shares of the SET-listed hospitality group soared significantly on Thursday, amid the intensifying rift between its major shareholders, say analysts.