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BUSINESS

MPC wary of tourist dearth

Business, Pathom Sangwongwanich, Published on 18/02/2021

» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.

BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 18/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 17/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

BUSINESS

AEC clarifies shortfall with SEC

Business, Pathom Sangwongwanich, Published on 28/05/2020

» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.

BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

BUSINESS

Bourse studying digital asset applications

Business, Pathom Sangwongwanich, Published on 11/12/2019

» The Stock Exchange of Thailand (SET) is assessing four applications for possible integration to jump-start its digital asset ecosystem project.

BUSINESS

Political uncertainty hurts GDP view

Business, Pathom Sangwongwanich, Published on 25/04/2019

» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.

BUSINESS

MPC details path to higher interest rate

Business, Pathom Sangwongwanich, Published on 29/11/2018

» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.

BUSINESS

Tisco sees B7bn foreign sell-off on tepid Q2 earnings

Business, Pathom Sangwongwanich, Published on 10/08/2018

» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.

BUSINESS

World Bank sees growth let-up

Business, Pathom Sangwongwanich, Published on 07/06/2018

» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.