Showing 1 - 10 of 94
Foreign funds drive baht gains, market rally
Business, Nareerat Wiriyapong, Published on 11/02/2026
» Continuous foreign fund inflows into both stock and bond markets following the Feb 8 election are likely to push the baht to appreciate beyond 31 against the US dollar, as Thailand's political uncertainties have eased, pundits say.
Thai ESGX reaction mixed
Business, Nareerat Wiriyapong, Published on 15/03/2025
» Analysts offered a measured response to the planned Thai ESG Extra (ESGX) fund, with some saying the Finance Ministry is too optimistic about long-term equity fund (LTF) transfers to the new category as well as new money being ploughed into the tax-deductible fund.
Winning combination
Business, Nareerat Wiriyapong, Published on 10/03/2025
» The way multinational companies look at developing a presence in particular markets can differ. At AXA, the second-largest European insurer in terms of revenue, it opts to partner with local banks in Southeast Asia to ensure success in a region it deems full of untapped potential.
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.
Domestic gold price could register uptick
Business, Nareerat Wiriyapong, Published on 05/02/2025
» Domestic gold prices are set to rise further after reaching a fresh record of 45,200 baht per baht-weight on Tuesday as uncertainties surrounding US President Donald Trump's trade policies drive global demand for safe-haven assets, especially gold, says the Gold Traders Association (GTA).
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.
Thai gold demand still powerful
Business, Nareerat Wiriyapong, Published on 29/01/2025
» Thailand's gold demand remains robust thanks to investor buying during times of economic and political uncertainty, while inflation and risks posed by Donald Trump's America-first agenda could drive demand for bullion further in 2025, says the World Gold Council (WGC).
K-Asset: BoT to cut rates in H1 as stimulus takes effect
Business, Nareerat Wiriyapong, Published on 24/01/2025
» The Bank of Thailand is projected to cut interest rates in the first half of 2025 as the country needs support from both fiscal and monetary policies to spur economic growth, says Kasikorn Asset Management (K-Asset).
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.
Bumper Bitcoin year forecast
Nareerat Wiriyapong, Published on 06/01/2025
» Last year Bitcoin received a significant boost, starting with the launch of spot Bitcoin exchange-traded funds (ETFs) that began trading in January and a halving in April that limited supply of the world's most popular cryptocurrency.