Showing 21 - 30 of 71
Fed rate cut poised to drive rebound of Thai bourse
Business, Nareerat Wiriyapong, Published on 13/12/2023
» The Federal Reserve is expected to start cutting interest rates in March 2024, prompting investors to accept more risk and invest in equities, driving a rebound of the Stock Exchange of Thailand (SET) next year, the Thai bourse said yesterday.
Global interest rates likely to fall
Business, Nareerat Wiriyapong, Published on 30/11/2023
» Central banks all over the world are expected to start cutting interest rates by mid-2024, encouraging foreign capital to flow back to stock markets in Asia including Thailand, which should gain from intensified geopolitical conflicts, say leading economists.
Analysts downgrade Thai GDP growth outlook for 2023
Business, Nareerat Wiriyapong, Published on 22/11/2023
» Analysts have downgraded Thailand's economic growth forecast for 2023 after data indicated a much lower third-quarter GDP expansion than expected while there are uncertainties surrounding the controversial digital wallet policy.
Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
Baht declines as investors baulk at lack of fiscal discipline
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Warning over Thailand's finances
Business, Nareerat Wiriyapong, Published on 04/11/2023
» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.
Generali unit emphasises portfolio quality
Business, Nareerat Wiriyapong, Published on 28/10/2023
» With a 192-year history, Generali is one of the oldest insurance companies worldwide with assets under management tallying €618 billion and 82,000 employees as of last year.
Stocks set for another week of decline
Business, Nareerat Wiriyapong, Published on 25/10/2023
» After slipping below 1,400 points last Friday, the Stock Exchange of Thailand (SET) index is likely to remain on a downward trend this week, possibly reaching 1,330-1,350 points as negative factors linger, according to analysts.
Stocks sink ahead of three-day weekend
Nareerat Wiriyapong, Published on 20/10/2023
» The Stock Exchange of Thailand (SET) index plunged below 1,400 points on Friday ahead of the three-day weekend, as other regional markets also tracked Wall Street’s overnight declines amid hawkish statements from the US Federal Reserve about further US interest rate hikes.
Chinese rebound could help Thailand
Business, Nareerat Wiriyapong, Published on 20/10/2023
» The Thai economy and stock market could benefit from China's economy, which performed better than expected during the third quarter, according to analysts who expressed hopes that Beijing will launch more stimulus measures later this year.