Showing 1 - 10 of 136
Thai export pain set to continue despite Mideast truce
Business, Nareerat Wiriyapong, Published on 11/04/2026
» The reopening of the Strait of Hormuz with fee collection as proposed by Iran, together with high oil prices, is dampening the prospects for Thai exports and may push overseas shipments into contraction this year, economists say.
Binance unit seeks TouristDigiPay partners
Business, Nareerat Wiriyapong, Published on 11/11/2025
» The Thai unit of the world's largest cryptocurrency exchange Binance is seeking local partners as the company is keen to participate in TouristDigiPay, a regulatory sandbox programme that allows foreign tourists to convert digital assets into baht to spend in Thailand.
Asian Development Bank cuts Thai GDP outlook
Business, Nareerat Wiriyapong, Published on 01/10/2025
» The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.
Analysts project 2 more interest rate cuts
Business, Nareerat Wiriyapong, Published on 21/08/2025
» Analysts increasingly expect the Bank of Thailand to make two more interest rate cuts by the first quarter of 2026 to reduce the policy rate to 1%, aiming to revitalise the economy as economic and political risks accumulate.
Analysts upgrade earnings outlook for Thai Union Group
Business, Nareerat Wiriyapong, Published on 07/08/2025
» Analysts are upgrading earnings forecasts for Thai Union Group (TU), a leading global seafood producer, reflecting second-quarter financial results that were better than expected, a clearer idea of the impacts from US tariffs, and the likelihood of a deeper partnership with Mitsubishi Corp through a 6.65-billion-baht share acquisition.
High hopes for Thailand's new crypto sandbox
Business, Nareerat Wiriyapong, Published on 28/07/2025
» In the increasingly competitive tourism landscape amid a global economic slowdown, pundits believe recently endorsed crypto-friendly measures will lift Thailand's attractiveness in the eyes of tech-savvy, high-spending tourists.
Thai Airways takes off, says chief executive
Business, Nareerat Wiriyapong, Published on 19/05/2025
» Fresh from completing a years-long business rehabilitation, Thai Airways International (THAI) is unveiling its "Fly for the New Pride" brand campaign, operating with a reduced debt burden and new revenue generators as the company expects to resume trading on the Stock Exchange of Thailand (SET).
Fed signal could continue dollar's slide
Business, Nareerat Wiriyapong, Published on 07/05/2025
» The baht, which has appreciated to a seven-month high past 33 to the dollar, could strengthen further if the Federal Reserve sends a clear signal at its meeting this week that it is prepared to cut the US rate at its next meeting in June, says Kasikorn Research Center (K-Research).
Thaivivat Holdings shares jump by more than 5% after Itochu move
Business, Nareerat Wiriyapong, Published on 17/01/2025
» Shares of Thaivivat Holdings (TVH) on the Stock Exchange of Thailand (SET) jumped by more than 5% yesterday after the insurance firm announced Japanese trading house Itochu would buy roughly 20% of its subsidiary Thaivivat Insurance (TVI).
Thaksin's power plan leads to stock fears
Business, Nareerat Wiriyapong, Published on 16/01/2025
» Former premier Thaksin Shinawatra's proposal to cut the electricity tariff has raised regulatory risks for energy and utility stocks, says CGS International Securities, as the China-owned brokerage slashed its year-end stock index target by 100 points to 1,530.