Showing 1 - 10 of 49
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.
Pundits assess disaster's impact on Thai growth
Business, Nareerat Wiriyapong, Published on 03/12/2025
» The final impact of the devastating floods in the South on GDP growth will depend on the speed of recovery and reconstruction, say analysts, as the government could expedite disaster relief cash handouts to affected households in the less prosperous region.
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.
Binance trumpets baht-backed stablecoins
Business, Nareerat Wiriyapong, Published on 07/02/2025
» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.
Phuket eyed for crypto sandbox
Business, Nareerat Wiriyapong, Published on 01/02/2025
» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.
Binance unit bullish on Bitcoin prospects
Business, Nareerat Wiriyapong, Published on 21/01/2025
» The price of Bitcoin will be on an upward trend during at least the first three months of Donald Trump's presidency, while the proposed Phuket crypto sandbox will potentially cause Thailand's rate of digital adoption to double from 12% at present, according to the Thai unit of Binance -- the world's leading cryptocurrency exchange.
Binance backs Thaksin's Bitcoin proposal
Business, Nareerat Wiriyapong, Published on 24/12/2024
» Former premier Thaksin Shinawatra's proposal for a pilot Bitcoin payment project is a positive step to boost Thailand's competitiveness and attractiveness to tech-savvy visitors, but it first needs the Bank of Thailand to thoroughly study the risks of such a move, says the Thai unit of Binance -- the world's leading cryptocurrency platform.
RML adds flagship One City Center property to REIT
Nareerat Wiriyapong, Published on 23/12/2024
» Raimon Land Plc (RML) plans to include its flagship One City Centre (OCC) property in central Bangkok, valued at 14.8 billion baht, in a real estate investment trust (REIT) as part of its strategy to enhance long-term financial stability.
Baht plunges after Pheu Thai politician made Bank of Thailand chairman
Business, Nareerat Wiriyapong, Published on 14/11/2024
» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.
Hylife Group aims to go public by 2030
Business, Nareerat Wiriyapong, Published on 18/09/2024
» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.