Showing 1 - 10 of 269
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Hungary keen to develop bilateral trade ties
Business, Nareerat Wiriyapong, Published on 22/03/2024
» Hungary is looking forward to developing deeper bilateral ties with Thailand in terms of trade, investment and tourism, partly to support the Central European nation's goal of 4% economic growth this year, says Minister of Foreign Affairs and Trade Péter Szijjártó.
K-Research expects more baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar yesterday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
LGT hints BoT could cut rates soon
Business, Nareerat Wiriyapong, Published on 18/01/2024
» The Bank of Thailand may move before the US Federal Reserve to cut interest rates, with a Fed trim expected in June, as the Thai central bank aims to shore up the local economy, especially if the digital wallet policy is thwarted, says LGT Securities.
SET listing powers ANI's regional growth
Business, Nareerat Wiriyapong, Published on 16/12/2023
» With fresh funding mobilised from the Stock Exchange of Thailand, Asia Network International Plc (ANI) aims to expand its network of cargo general sales agents (GSAs) across Asia and beyond, partly through mergers and acquisitions.
Analysts see limited upside for SET
Business, Nareerat Wiriyapong, Published on 15/12/2023
» Analysts welcomed clear signs from the US Federal Reserve regarding an economic soft landing and three interest rate cuts in 2024, which caused the Stock Exchange of Thailand (SET) to rebound amid bullish global market sentiment.
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.
Stock analysts fret over government's stimulus measures
Business, Nareerat Wiriyapong, Published on 15/09/2023
» Stock analysts expressed concerns over the government's stimulus policies, saying the recently announced measures would significantly increase public debt and have a limited effect on bolstering tourism amid the global economic slowdown.
Chinese visa plan to boost arrivals
Business, Nareerat Wiriyapong, Published on 09/09/2023
» A visa exemption for Chinese travellers could provide a strong boost to the local tourism industry, though arrivals are likely to be significantly below the 2019 level this year given the mainland's economic constraints, says a Thai brokerage owned by the Chinese government.