Showing 1 - 6 of 6
Government warned over dangers of deficits
Business, Nuntawun Polkuamdee, Published on 16/09/2023
» The government should be wary of becoming addicted to budget deficits because it will affect the economy in the long run, warns the chief economist at Kiatnakin Phatra Securities.
Krungsri: Digital wallet offers temporary boost
Business, Nuntawun Polkuamdee, Published on 11/09/2023
» The government's 10,000-baht digital wallet policy could provide a short-term bump to the Thai economy and drive the Stock Exchange of Thailand (SET) index up to 1,750 points by the end of 2024, says Krungsri Securities.
Handout set to be based on tokens
Business, Nuntawun Polkuamdee, Published on 31/08/2023
» The new government is expected to issue utility tokens to support its digital wallet scheme, with the plan requiring the approval of the Bank of Thailand as tokens are currently prohibited for use as payment by the regulator.
Economist airs unease over B10,000 digital handout
Business, Nuntawun Polkuamdee, Published on 30/08/2023
» Economists have voiced concern over the Pheu Thai Party's planned 10,000-baht digital handout policy, predicting it could affect the value of the baht and deteriorate monetary and fiscal discipline.
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.
Stocks facing pressure if government in limbo
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» The Stock Exchange of Thailand (SET) index could dip to around 1,470 points if a new government cannot be formed until May 2024 when the Senate's term ends, dealing a blow to fiscal budget disbursement over the next three years.