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BUSINESS

What's really driving Bitcoin now?

Business, Nareerat Wiriyapong, Published on 07/03/2026

» Bitcoin, known as a high-risk asset, plummeted 2.64% to US$62,858 during Asian trading hours after US President Donald Trump announced plans to raise global tariffs to 15%, a move that unsettled investors and weighed on equities and other higher-risk assets.

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

Thai stocks unlikely to suffer from US shutdown

Business, Nareerat Wiriyapong, Published on 08/10/2025

» The US government shutdown is likely to have a minimal impact on the Thai stock market, which bounced back to surpass 1,300 points on Tuesday, unless the standoff in Washington is prolonged, according to the Stock Exchange of Thailand (SET).

BUSINESS

Tris sees factors that may imperil growth

Business, Nareerat Wiriyapong, Published on 19/09/2025

» Uncertainties surrounding US trade policies as well as domestic politics could affect Thai economic growth, as private consumption and public investment remain slow, while public disbursements could be delayed under the interim government, according to Tris Rating.

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

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

BUSINESS

Thai Airways takes off, says chief executive

Business, Nareerat Wiriyapong, Published on 19/05/2025

» Fresh from completing a years-long business rehabilitation, Thai Airways International (THAI) is unveiling its "Fly for the New Pride" brand campaign, operating with a reduced debt burden and new revenue generators as the company expects to resume trading on the Stock Exchange of Thailand (SET).

BUSINESS

Outlook seen dim for carriers until Q3

Business, Nareerat Wiriyapong, Published on 13/05/2025

» The outlook for the aviation industry has dimmed as international arrivals are expected to remain muted until the third quarter, with a significant slowdown from China the main culprit, say analysts.