Showing 1 - 10 of 34
Fuel subsidies threaten Thai credit rating
Business, Nareerat Wiriyapong, Published on 26/03/2026
» Thailand is at risk of a credit downgrade if the Middle East war drags on for three months, resulting in fuel subsidies amounting to 200 billion baht, says Tisco's Economic Strategy Unit (ESU).
Gold traders oppose tax on transactions
Business, Nareerat Wiriyapong, Published on 17/09/2025
» Gold traders voiced opposition to Thai authorities' discussion of imposing a tax on physical gold and online transactions, saying such efforts to rein in baht appreciation would cause the country to lose its status as a gold trading hub.
KEX Express shares jump 20% on delisting news
Nareerat Wiriyapong, Published on 02/05/2025
» Shares of KEX Express (Thailand), formerly known as Kerry Express, jumped nearly 20% on Friday after it announced plans to delist from the Stock Exchange of Thailand on completion of a tender offer by major shareholder SF International Holding (Thailand), or SFTH.
Delta unfazed by latest tax regulations
Business, Nareerat Wiriyapong, Published on 10/01/2025
» Despite short-term challenges posed by new tax regulations, Delta Electronics (Thailand) is pressing ahead with annual capital investment of roughly US$300 million (10.4 billion baht) to expand capacity and enhance innovations for its Thai operations.
Amro says risks to country's growth potential still persist
Business, Nareerat Wiriyapong, Published on 28/11/2024
» Despite a nascent rebound, Thailand's economy still faces risks that could prevent it from reaching its growth potential in both the short and long term, say economists, citing elevated household debt, the slow recovery in income among vulnerable segments, and the country's close ties with China in trade and investment.
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.
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).
Thailand heading for decade of low growth
Business, Nareerat Wiriyapong, Published on 02/08/2024
» The Thai economy is projected to expand by an average of 2.8% per year over the next decade, boosted by a tourism rebound, its status as a regional automotive hub, and the regionalisation of large Thai conglomerates, says a DBS Bank report.
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
SET index expected to plunge amid court cases
Business, Nareerat Wiriyapong, Published on 05/07/2024
» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).