Showing 1 - 10 of 11
Gold to see long-term downward trend
Business, Nareerat Wiriyapong, Published on 24/03/2026
» The price of gold will be confirmed to be on a long-term downward trend if it fails to stay above US$4,100 per ounce, which could occur this week amid escalating tensions and a prolonged conflict in the Middle East, traders say.
ITD, property lead drop in Thai stock market
Business, Nareerat Wiriyapong, Published on 01/04/2025
» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.
Association anticipates gold price hitting $3,000 in Q1
Business, Nareerat Wiriyapong, Published on 27/12/2024
» Gold prices could hit US$3,000 an ounce by the first quarter of next year as Donald Trump's return to the White House on Jan 20 will put the global economy on the verge of turmoil, stimulating demand for safe haven assets, notably bullion, says the Gold Traders Association (GTA).
EA eyes bond repayment delays amid fraud claims
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Shares of Energy Absolute (EA) sank yesterday after the listed renewable energy company said it would seek the approval of its bondholders to delay payment on two bond tranches worth 5.5 billion baht, signalling that the company's financial woes, caused by the alleged fraud involving two executives, are getting worse.
Analysts trim growth for this year and next
Business, Nareerat Wiriyapong, Published on 04/05/2024
» Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Asia tracks Wall Street decline
Business, Nareerat Wiriyapong, Published on 16/12/2022
» The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.
Waiting for China
Asia focus, Nareerat Wiriyapong, Published on 23/05/2022
» Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an upper-middle-income country.
Wasted Year
Asia focus, Nareerat Wiriyapong, Published on 21/02/2022
» Once perceived as Asia's final frontier, Myanmar has been tested severely by dual shocks -- a surge in Covid-19 cases in 2021 and the military coup that has brought its economy close to a standstill and left its people suffering from ongoing violence.
Chinese policies hold back growth
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» When I first heard a Moody's economist discuss the cooling Chinese economy late last year, it caught my interest but not much. As we have been living with a pandemic for two years, an economic slowdown seems unavoidable, even in the country that has been the world's engine of growth for years.