Showing 1 - 10 of 10
Conditions align for gold price spike
Business, Nareerat Wiriyapong, Published on 04/09/2025
» Domestic gold prices are on course to surpass the previous record high of 54,800 baht per baht-weight set on April 22, as global prices could hit US$3,600 per tonne later this year after bullion set a new record high on uncertainties surrounding Trump tariffs and US interest rate cuts.
Binance unit bullish on Bitcoin prospects
Business, Nareerat Wiriyapong, Published on 21/01/2025
» The price of Bitcoin will be on an upward trend during at least the first three months of Donald Trump's presidency, while the proposed Phuket crypto sandbox will potentially cause Thailand's rate of digital adoption to double from 12% at present, according to the Thai unit of Binance -- the world's leading cryptocurrency exchange.
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).
Baht set to further strengthen this year despite headwinds
Nareerat Wiriyapong, Published on 01/08/2024
» The baht could appreciate further to 35.30 to the US dollar in the short term, after hitting a four-month high of 35.72 early Wednesday, but political instability and deteriorating fiscal positions as a result of the government’s populist policies could limit the Thai currency’s rebound.
Thai stocks could face further losses
Business, Nareerat Wiriyapong, Published on 02/11/2023
» A possible delay to the costly digital wallet scheme and a slower than expected tourism recovery could dampen sentiment in the Thai stock market this month after the index contracted 6.1% in October and is down 17.2% year-to-date, say analysts.
Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
Thai stocks under pressure
Nareerat Wiriyapong, Published on 10/10/2023
» The Stock Exchange of Thailand (SET) is facing fresh sell-off pressure, with the index falling close to a key resistance level of 1,430 points on Monday, due to rising global geopolitical risk amid the escalating conflict between Israel and Hamas, according to an analyst.
Stocks slip following policy statement by government
Business, Nareerat Wiriyapong, Published on 12/09/2023
» The Stock Exchange of Thailand (SET) index edged lower on Monday as the new government's policy statement to parliament failed to boost investment sentiment with analysts saying the policies would not be easy to implement and lack a specific timeframe.
Local stocks surge amid renewed political optimism
Business, Nareerat Wiriyapong, Published on 23/08/2023
» The Stock Exchange of Thailand (SET) posted a significant gain yesterday, with investors seemingly convinced that the political impasse is coming to an end after the country's 30th prime minister was elected, with economic stimulus measures expected for the rest of this year.
Cambodian tourism shrugs off political turmoil
Asia focus, Nareerat Wiriyapong, Published on 05/03/2018
» Tourism, the largest industry in Cambodia, outstripping even the garment industry, has shrugged off the impact of escalating political tensions in the country, as international visitors have been drawn by improved cultural and infrastructure links with China.