Showing 31 - 40 of 134
Investor confidence takes a nosedive
Business, Nareerat Wiriyapong, Published on 08/06/2023
» The investor confidence index retreated to bearish territory for the first time in eight months in May as political conflicts and an economic slowdown undermined sentiment, suppressing the positive impact of a tourism recovery, says the Federation of Thai Capital Market Organizations (Fetco).
Foreigners flee Thai stocks
Business, Nuntawun Polkuamdee, Published on 07/06/2023
» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.
Baht has worst day in two weeks
Published on 06/06/2023
» The Thai baht led losses amid mixed trade in most Asian currencies on Tuesday, as US economic data pointed to sluggish growth in the country’s services sector, strengthening the case for a pause in interest rate increases by the Federal Reserve next week.
Timeline unnerves some sectors
Business, Post Reporters, Published on 05/06/2023
» The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.
Using power wisely
Business, Wichit Chantanusornsiri, Published on 05/06/2023
» A new government is expected to be formed following the general election last month, riding the turbulent winds of geopolitical and technological change, which is likely to cause disruption.
Pheu Thai shelves digital cash plan
News, Aekarach Sattaburuth, Published on 02/06/2023
» Pheu Thai's digital wallet scheme will be shelved for the time being to make way for the social welfare policies of the Move Forward Party (MFP), according to the party's secretary-general, Paopoom Rojanasakul.
Chamber puts spotlight on urgent issues
Business, Phusadee Arunmas, Published on 01/06/2023
» The Thai Chamber of Commerce highlighted three urgent issues in talks held on Wednesday, with expediting the formation of a new government the priority to ensure the continuity of budget allocation.
BoT pushes up interest rate to 2%
Business, Somruedi Banchongduang, Published on 01/06/2023
» The Bank of Thailand's Monetary Policy Committee (MPC) has raised its policy rate by 0.25 percentage points, in a bid to maintain the momentum of the Thai economic recovery.
Krungsri sees support for Japan's interests
Business, Somruedi Banchongduang, Published on 01/06/2023
» Bank of Ayudhya, which markets itself as Krungsri, believes the new government will support Japanese investment in Thailand.
BoT raises key rate another quarter-point
Published on 31/05/2023
» The Bank of Thailand on Wednesday raised its key interest rate by 25 basis points for a sixth consecutive meeting, citing the need to curb inflation risks as the economic recovery gathers strength against rising global uncertainties.