Showing 21 - 30 of 58
Bank of Thailand holds rate, cuts GDP forecast on Covid spike
Bloomberg News, Published on 04/08/2021
» The Bank of Thailand (BoT) held its key interest rate unchanged and cut its economic forecast a day after lockdown-like measures were extended to more of the country, with two dissenting members saying rates should be lowered even further.
Hotel, retail shares plunge beneath new Covid wave
Bloomberg News, Published on 07/04/2021
» Thailand’s benchmark SET Index of stocks dropped as much as 1.4% as Prime Minister Prayut Chan-o-cha said he’s concerned about a new wave of Covid-19 infections sweeping the nation’s capital and hinted at fresh control measures to stem the outbreak that’s already forced the closure of dozens of nightlife entertainment venues.
Bulls gather around Asia stocks for 2021
Bloomberg News, Published on 05/01/2021
» After narrowly beating their US peers for the first time in three years in 2020, Asian stocks could see another strong year, analysts say.
Asian stocks set for record high on trade accord
Bloomberg News, Published on 16/11/2020
» The world’s largest regional free-trade agreement between Asian nations and the ruling out of a national US lockdown have buoyed sentiment to set Asia Pacific stocks on course to close at an all-time high.
Singapore Airlines seeks liquidity after record loss
Bloomberg News, Published on 09/11/2020
» Singapore Airlines Ltd plans to raise more liquidity after posting its biggest quarterly loss on record as the coronavirus decimated travel demand and charges from fuel hedging and fleet impairment weighed on its bottom line.
Stocks slump to 6-month low on anti-govt protests
Bloomberg News, Published on 19/10/2020
» Thailand’s key equities gauge tumbled to its lowest level in more than six months on concern mounting anti-government protests will further hurt company earnings and delay an economic recovery.
Govt to consider fresh stimulus measures to revive economy
Bloomberg News, Published on 30/09/2020
» The government is considering offering tax incentives to its middle and upper income groups to bolster consumption as part of new measures to revive an economy reeling under the impact of the coronavirus pandemic.
Government Pension Fund buys foreign stocks to boost returns
Bloomberg News, Published on 24/08/2020
» Thailand’s Government Pension Fund plans to boost its overseas investments, especially in the tech sector, as domestic equities offer limited options for the 1 trillion baht asset manager.
SE Asian currencies jump in June, peso leads
Bloomberg News, Published on 22/06/2020
» June is shaping up to be a good month for Southeast Asia’s currencies, with every one gaining.
Emerging-market rally seen as unstoppable
Bloomberg News, Published on 08/06/2020
» There’s so much positive momentum in risk assets, it’s difficult to see what could stand in the way of the emerging-market rally, at least in the coming days.