Showing 1 - 10 of 31
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.
Analysts: War threatens Thai economy
Business, Nareerat Wiriyapong, Published on 30/06/2025
» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.
Tariff unease hits all asset classes
Nareerat Wiriyapong, Published on 21/04/2025
» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.
Thai growth outlook remains stable
Business, Nareerat Wiriyapong, Published on 28/02/2025
» Economists have maintained Thailand's 2025 GDP growth forecast following the Bank of Thailand's recent interest rate cut, saying more reductions are likely during the year to lift a stagnant economy amid a challenging global outlook.
Baht to weaken next year amid US tariffs
Business, Nareerat Wiriyapong, Published on 20/12/2024
» The baht is expected to depreciate and finish at 34.50 to the US dollar by year-end, before sliding to 35.50 in 2025 as new US government policies pressure the yuan next year, says Kasikorn Research Center (K-Research).
SET predicts more Chinese, US interest
Business, Nareerat Wiriyapong, Published on 13/12/2024
» Thailand is capable of attracting investments from both China and the US as Donald Trump takes office as the US president next month, according to the Stock Exchange of Thailand (SET), adding that more than 70% of Thai firms are planning to invest more over the next 12 months.
Thailand seeks crypto hub status
Business, Nareerat Wiriyapong, Published on 11/10/2024
» Thailand has the potential to become a digital asset hub if strategic policies are implemented to support development, while clearer regulations and greater institutional investment are driving the cryptocurrency market to new highs this year, says the Thai Digital Asset Association.
Baht poised to reach 34 to the greenback
Business, Nareerat Wiriyapong, Published on 22/08/2024
» The baht is on course to appreciate to 34 to the dollar or an even stronger position in the near term after hitting a 13-month high yesterday as the Bank of Thailand held the policy rate at 2.5%, which could spur inflows ahead of the US Federal Reserve's next meeting in September.
Analysts expect steady policy rate at 2.5%
Business, Nareerat Wiriyapong, Published on 09/08/2024
» The Bank of Thailand is expected to hold the policy rate steady at 2.5% at its meeting later this month, with inflation rising slowly back to the target range, say economists who are urging government stimulus measures to drive the slowing economy in addition to the digital wallet scheme.
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).