Showing 1 - 10 of 179
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
Even with digital wallet, S&P affirms stable outlook
Business, Somruedi Banchongduang, Published on 17/06/2024
» S&P Global Ratings says it plans to maintain its stable outlook for Thailand's sovereign ratings even if the country implements the digital wallet scheme.
SET approaching 4-year low on political turmoil
Business, Published on 15/06/2024
» The Stock Exchange of Thailand traded sideways throughout the month of May. After touching 1,400 points in April, the SET index never got close to that level again.
Restaurateurs likely to be hit by global, local economic woes
Business, Kuakul Mornkum, Published on 11/06/2024
» The global economic downturn and Thailand's sluggish economy are likely to have a significant impact on the local restaurant segment, even with the visa-free scheme attracting more visitors.
New pension lottery intends to assist informal workers
Business, Wichit Chantanusornsiri, Published on 07/06/2024
» The Finance Ministry plans to introduce a pension lottery to promote retirement savings.
Political risks stifle Thai bonds
Published on 06/06/2024
» Rising political risk in Thailand is keeping foreign investors cautious about the country’s bonds, even as they tiptoed back into the market in May for the first time in six months.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Political turmoil could put handout at risk, say analysts
Published on 31/05/2024
» Rising political uncertainty poses significant risks to Prime Minister Srettha Thavisin’s plan for a 500-billion-baht digital wallet handout to stimulate the economy, say analysts at Citigroup and Nomura Holdings.
Saha Group unfazed by daily wage hike
Business, Kuakul Mornkum, Published on 31/05/2024
» The fragile domestic purchasing power in the lower income segment and the lack of long-term investment would create a tremendous challenge for the government to stimulate the economy, according to Saha Group, the country's leading consumer goods conglomerate.