Showing 1 - 10 of 52
CIMBT predicts H2 gains after government forms
Business, Nareerat Wiriyapong, Published on 13/02/2026
» The Thai economy will start to recover in the second half of 2026, depending on how soon the new members of parliament are endorsed, as the Bank of Thailand is unlikely to cut interest rates for the entire year in order to prop up economic growth, says CIMB Thai Bank (CIMBT).
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.
Talks depend on truce in border altercation
Business, Nareerat Wiriyapong, Published on 30/07/2025
» Though the US has already reached trade agreements with many countries, Thailand's negotiations with Washington remain complicated in the final phase as President Donald Trump says a Thailand-Cambodia truce is a condition for resuming trade talks.
ITD, property lead drop in Thai stock market
Business, Nareerat Wiriyapong, Published on 01/04/2025
» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.
As baht gains, Thai rates primed for a cut
Nareerat Wiriyapong, Published on 24/09/2024
» The rapid appreciation of the baht could prompt the Bank of Thailand to cut interest rates as early as its meeting in mid-October, say analysts, as ongoing inflows would support a further strengthening of the currency
US rate cuts set to prop up ailing Thai stock exchange
Business, Nareerat Wiriyapong, Published on 08/08/2024
» Projected interest rate cuts by the Federal Reserve designed to stop the US falling into recession could help shore up the Stock Exchange of Thailand (SET) for the rest of 2024 after the index dipped 6.7% in the first seven months of this year, says a bourse executive.
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
Govt unveils plan to boost SET
News, Nareerat Wiriyapong, Published on 25/06/2024
» The Finance Ministry and stock market regulators on Monday announced measures to revitalise the sluggish Stock Exchange of Thailand (SET) index, yet they played down a request from stock analysts to revive the tax-incentive long-term equity funds (LTFs).
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Baht likely to face near-term volatility
Nareerat Wiriyapong, Published on 13/05/2024
» The baht is likely to be volatile in the near term, pending clear signs from the US Federal Reserve (Fed) concerning interest rate cuts, with the Thai currency expected to slide to 37.25 baht to the dollar within 1-3 months, bouncing back to 36 to the greenback by yearend, says Kasikorn Research Centre (K-Research).