FILTER RESULTS
FILTER RESULTS
close.svg
Search Result for “plunged”

Showing 1 - 10 of 27

BUSINESS

Traders bullish on gold's skyrocket

Nareerat Wiriyapong, Published on 29/01/2026

» Gold prices are expected to soar to US$6,400 an ounce and 88,000 baht per baht-weight as investor demand in a turbulent world pushes bullion to new highs.

BUSINESS

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

BUSINESS

Thai hotels face double whammy from US tariffs

Business, Nareerat Wiriyapong, Published on 15/05/2025

» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.

BUSINESS

Selected shares slip over fears of arrivals dip

Business, Nareerat Wiriyapong, Published on 14/01/2025

» Shares of Airports of Thailand (AOT), hotels and airlines plunged on Monday on concerns that Chinese tourist arrivals might fall short of this year's estimate of 8 million as looming trafficking fears prompted Chinese travellers to cancel their planned visits to Thailand.

BUSINESS

CP Group share prices dip after investment in real estate JV

Business, Nareerat Wiriyapong, Published on 17/12/2024

» The share prices of companies under Charoen Pokphand (CP) Group, including CP Axtra Plc (CPAXT), fell across the board in morning trade on Monday after the retail and wholesale business operator officially announced investment of nearly 8 billion baht in real estate joint venture Happitat at the Forestias (HATF).

BUSINESS

Delta shares dip 18% on SET measure

Business, Nareerat Wiriyapong, Published on 22/11/2024

» Shares of Delta Electronics (Thailand) plunged by almost 20% in morning trade yesterday after the Stock Exchange of Thailand (SET) imposed market surveillance measures on the bourse's largest stock in terms of market capitalisation, citing unusual trading patterns.

BUSINESS

Baht plunges after Pheu Thai politician made Bank of Thailand chairman

Business, Nareerat Wiriyapong, Published on 14/11/2024

» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.

BUSINESS

Baht poised to reach 34 to the greenback

Business, Nareerat Wiriyapong, Published on 22/08/2024

» The baht is on course to appreciate to 34 to the dollar or an even stronger position in the near term after hitting a 13-month high yesterday as the Bank of Thailand held the policy rate at 2.5%, which could spur inflows ahead of the US Federal Reserve's next meeting in September.

BUSINESS

Digital wallet details fail to rally SET

Business, Nareerat Wiriyapong, Published on 25/07/2024

» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.

BUSINESS

Auto output could hit 14-year low

Business, Nareerat Wiriyapong, Published on 01/07/2024

» Thailand’s automotive production could plunge to a 14-year low this year, excluding the pandemic years of 2020-22, dipping to 1.65 million units, though monthly production is expected to start improving slowly in the fourth quarter, says Krungsri Securities (KS).