Showing 1 - 10 of 95
Gold prices sag as Chinese New Year starts
Business, Nareerat Wiriyapong, Published on 18/02/2026
» Gold prices typically rise during Lunar New Year as demand for the precious metal strengthens during this auspicious season.
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.
Association anticipates gold price hitting $3,000 in Q1
Business, Nareerat Wiriyapong, Published on 27/12/2024
» Gold prices could hit US$3,000 an ounce by the first quarter of next year as Donald Trump's return to the White House on Jan 20 will put the global economy on the verge of turmoil, stimulating demand for safe haven assets, notably bullion, says the Gold Traders Association (GTA).
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).
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.