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SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.