Showing 1 - 10 of 510
Thai govt to expedite aid for tourism sites hit by floods
News, Post Reporters, Published on 22/09/2024
» The government will expedite its compensation plan, including soft loans and tax measures, for tourism businesses hit by the recent inundation, according to an official.
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
FWD intent on expanding market share
Business, Nareerat Wiriyapong, Published on 21/09/2024
» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Planting seeds of sustainability: Grab's carbon offset journey
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» As the spectre of global boiling looms large, innovative partnerships offer a beacon of hope. Grab, a leading superapp in Southeast Asia, and EcoMatcher, a technology-driven tree-planting platform, have forged an alliance in an effort to combat climate change.
Analyst sees Bank of Thailand as likely to copy Fed
Business, Published on 20/09/2024
» The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, says CIMB Thai Bank chief economist Amonthep Chawla.
'No deal' on Don Muang concession
News, Post Reporters, Published on 20/09/2024
» Transport Minister Suriya Jungrungreangkit has confirmed the government has no plan to offer an extension of the Don Muang Tollway's operation concession to the operator, Don Muang Tollway Plc, in return for capping the toll.