Showing 21 - 30 of 187
New Thai prime minister scrutinising B500bn cash handouts
Published on 18/08/2024
» Thailand’s key economic stimulus — 500 billion baht in cash payments to citizens — will need further study to ensure compliance with the nation’s fiscal discipline law, newly appointed Prime Minister Paetongtarn Shinawatra said.
Toshiba unit sets sales growth target at 20%
Business, Molpasorn Shoowong, Published on 08/08/2024
» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.
Exports tipped to grow 1-2%
Business, Phusadee Arunmas, Published on 07/08/2024
» The Thai National Shippers' Council (TNSC) expects the value of exports to expand by 1-2% this year.
Bank of England cuts rates for first time since 2020
Published on 01/08/2024
» LONDON - The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by policymakers who were split over whether inflation pressures had eased sufficiently.
Prepare for a rough ride
Business, Published on 27/07/2024
» As we approach the midpoint of the third quarter, the economic and financial market picture is becoming clearer. First, the US Federal Reserve is likely to cut interest rates soon. Second, the US presidential race is likely to intensify. And third, China's economic slowdown is decelerating, implying the need for more stimulus. But the signals from the Beijing government have been to focus more on quality growth than quantity.
It's time for (quality) mid-caps
Business, Published on 26/07/2024
» The recently concluded Euro 2024 football tournament captivated hundreds of millions of people around the world -- and kept more than a few bleary-eyed Thai fans up until the wee hours of the morning cheering on their favourites.
Local traders optimistic on price outlook for gold
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Local gold traders remain bullish about bullion's price trend, saying prices could top US$2,500 an ounce by end-2024 with a significant price increase expected after the US Federal Reserve (Fed) cuts US interest rates in September.
Eastspring bullish on US tech, Indian stocks
Business, Nuntawun Polkuamdee, Published on 16/07/2024
» Eastspring Asset Management (Thailand) recommends investors maintain their focus on portfolio diversification in the second half as positive investment opportunities arise, suggesting the most attractive areas to invest in are US tech stocks and the Indian stock market.
Dollar rises with crypto as markets turn in favour of Trump victory
Published on 15/07/2024
» SINGAPORE - The dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.
Government to fund B500bn stimulus scheme with 2024, 2025 budgets
Published on 15/07/2024
» Thailand will finance a 500 billion baht household handout scheme with the 2024 and 2025 budgets, Deputy Finance Minister Julapun Amornvivat said on Monday.