Showing 1 - 10 of 23
Analysts predict baht to hit 30 to the dollar
Business, Nareerat Wiriyapong, Published on 24/12/2025
» The baht could potentially appreciate to test 30 to the dollar in the near term amid a sharp rise in international gold prices to a new record high and broad weakness for the US dollar, say analysts.
Analysts predict business loans to increase in Q4
Business, Nareerat Wiriyapong, Published on 12/11/2025
» Business loans will likely pick up this quarter from the prior three months, both from large corporations and small businesses, while the Bank of Thailand's regulations to support the government's debt relief programme provide financial institutions options in managing non-performing loans (NPLs), say analysts.
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.
Analysts predict Thai bourse to perform poorly
Business, Nareerat Wiriyapong, Published on 09/05/2025
» Slow progress in US-China and Thailand-US trade talks as well as a sluggish domestic economy are likely to stall the Stock Exchange of Thailand (SET) this month, despite an expected lift from the introduction of Thai ESG Extra (ESGX) funds, say analysts.
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.
GDP growth under pressure amid threat of US tariff hikes
Business, Nareerat Wiriyapong, Published on 27/12/2024
» Thai GDP might expand at a slower pace in 2025 than the projected growth of 2.6% this year, as the policies of US President-elect Donald Trump could put pressure on exports, which have rebounded significantly to become a major growth driver of the economy.
Baht to fall as Trump victory boosts dollar
Business, Nareerat Wiriyapong, Published on 08/11/2024
» The baht could slide further to below 34.5 to the dollar in the short term after the currency fell to a two-month low on Thursday, as the market now expects the Federal Reserve to cut interest rates slower than expected after Donald Trump won the US election, 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).
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.