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Search Result for “investors”

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GENERAL

Analysts see continued baht decline this year

Business, Nareerat Wiriyapong, Published on 28/06/2024

» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.

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GENERAL

Association predicts gold hitting 40,000 baht in H2

Business, Nareerat Wiriyapong, Published on 29/03/2024

» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.

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BUSINESS

Shaping the wealth

Asia focus, Nareerat Wiriyapong, Published on 18/11/2019

» � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.