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Search Result for “spike”

Showing 1 - 10 of 30

BUSINESS

Premium rise for big projects

Business, Nuntawun Polkuamdee, Published on 08/10/2025

» The recent road collapse caused by a sinkhole in front of Vajira Hospital has drawn attention to insurance coverage for large-scale construction projects in Bangkok, with industry executives saying rising risks in the capital could push up premiums for large projects in the future.

BUSINESS

Tax policies, interest rates align for domestic market

Business, Nuntawun Polkuamdee, Published on 02/07/2025

» Thailand's digital asset market is poised to keep growing as favourable domestic tax policies align with expected cuts in global interest rates, while institutional adoption gains globally.

BUSINESS

SET index plummets on Mideast war

Nuntawun Polkuamdee, Published on 23/06/2025

» The Stock Exchange of Thailand (SET) plunged more than one percent on Monday morning, rattled by heightened fears of a broader global  conflict following the weekend military strike by the US on Iran nuclear weapons plants..

BUSINESS

Bitcoin traders say it could hit $130,000 later this year

Business, Nuntawun Polkuamdee, Published on 28/05/2025

» After hitting a record high of US$111,000 last Thursday, the next resistance level for Bitcoin is projected at $130,000 as the cryptocurrency has shifted from a speculative asset to a "strategic pillar" of the modern economy, say pundits.

BUSINESS

Local Bitcoin funds record returns of 30%

Nuntawun Polkuamdee, Published on 02/12/2024

» Two Thai Bitcoin mutual funds have posted returns reaching 30% following their launches in June, drawing demand from investors as prices continue to spike, approaching US$100,000 following Donald Trump's victory in the US presidential election.

BUSINESS

Traders expect Bitcoin bull run in 2025

Nuntawun Polkuamdee, Published on 25/11/2024

» Traders are expressing optimism that Bitcoin could nearly double the current price of $98,000 to hit $180,000 if the Federal Reserve continues to cut US interest rates next year and demand from institutional investors increases significantly.

BUSINESS

Brokerages pick local stocks based on election

Business, Nuntawun Polkuamdee, Published on 24/10/2024

» Transport and industrial estate stocks are expected to benefit if Donald Trump wins the US presidential election, while manufacturers of petrochemicals, electrical equipment, steel products and auto parts could see competition intensify from Chinese exports, says Asia Plus Securities (ASPS).

BUSINESS

SET eyes stronger supervision of firms

Nuntawun Polkuamdee, Published on 21/02/2024

» The Stock Exchange of Thailand (SET) wants to reinforce the supervision of listed companies throughout the listing process and governance, starting from March 25, aiming to strengthen companies' financial position and ensure information disclosure for investors, says bourse president Pakorn Peetathawatchai.

BUSINESS

Thai stocks spike after Fed maintains rates again

Business, Nuntawun Polkuamdee, Published on 03/11/2023

» The Stock Exchange of Thailand (SET) index rebounded strongly on Thursday as other regional bourses tracked gains on Wall Street after the Federal Reserve kept US interest rates unchanged at 5.25-5.50%.

BUSINESS

New government urged to avoid excessive spending

Business, Nuntawun Polkuamdee, Published on 31/05/2023

» The stock market will be gripped by panic if the new government is "addicted to budget deficits", raising doubts about fiscal sustainability, says Kiatnakin Phatra Securities (KKP).