Showing 1 - 10 of 70
Call to let foreigners buy more insurance
Business, Nareerat Wiriyapong, Published on 12/02/2026
» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.
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.
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.
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).
Thai gold primed for record high
Business, Nareerat Wiriyapong, Published on 04/10/2024
» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).
Strong baht barely dents Thai exports
Business, Nareerat Wiriyapong, Published on 27/09/2024
» Related strengthening of Asian currencies against the dollar has limited any adverse impact on Thailand's exports as the baht appreciates rapidly, reducing the urgency for the Bank of Thailand to quickly adjust interest rates, 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.
Bad loans expected to hit banks hard this year
Business, Nareerat Wiriyapong, Published on 06/09/2024
» The banking sector is expected to face greater pressure for the remainder of the year as asset quality continues to deteriorate, with the new government seeking to lower lending rates, while risks from bad personal loan and credit card debt rise, say analysts.
Exports being held back by declining competitiveness
Business, Nareerat Wiriyapong, Published on 24/05/2024
» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.