Showing 1 - 10 of 133
Lukewarm response to allowing brewers' IPOs
Nareerat Wiriyapong, Published on 08/01/2026
» Analysts were lukewarm on the Stock Exchange of Thailand's (SET) plan to open the door to alcoholic beverage listings, arguing the Thai market has limited growth to attract large-scale brewers.
Economists predict at least 2 more BoT rate reductions
Business, Nareerat Wiriyapong, Published on 11/07/2025
» The Bank of Thailand is expected to cut the policy interest rate at least twice more this year as the economy could contract by 0.1-1.1% if a US tariff of 29-36% is slapped on Thai exports, say economists.
Frasers expands its regional presence
Business, Nareerat Wiriyapong, Published on 08/07/2025
» Frasers Property, the Singapore-based property developer and management company of the Sirivadhanabhakdi family, is deepening its presence in Thailand, Vietnam and Singapore to build a resilient portfolio amid an increasingly uncertain global environment.
US tariffs set to dent foreign investment
Nareerat Wiriyapong, Published on 29/04/2025
» Foreign direct investment (FDI), especially investment coming from China, is expected to be hard hit by America's reciprocal tariff policy, says a unit of China Galaxy Securities (CGS), a state-owned brokerage, which noted that the steep US tariff would dent Thai GDP by about 1% this year.
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.
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.
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.
Binance targets Thailand as key market for crypto expansion
Business, Nareerat Wiriyapong, Published on 05/11/2024
» Thailand is one of Binance's key strategic markets as the world's largest cryptocurrency exchange aims to reach the one-billion-user mark, amid a push to turn crypto into a mainstream currency, executives say.
Gold hits Thai record high amid global turbulence
Business, Nareerat Wiriyapong, Published on 19/10/2024
» Domestic gold prices are on course to surpass 43,000 baht per baht weight, after hitting a record high of 42,400 baht on Friday, while global prices could reach US$2,800 an ounce later this year based on growing geopolitical conflicts and global interest rate cuts, says the Gold Traders Association (GTA).