Showing 81 - 90 of 1,217
K-Research calls for more stimulus steps
Business, Nareerat Wiriyapong, Published on 13/02/2024
» Thailand is not at risk of deflation but the economy needs additional government measures to stimulate domestic consumption as geopolitics, China's slowdown and the baht's fluctuation pose challenges to economic growth this year, says Kasikorn Research Centre (K-Research).
On the edge of a precipice?
Business, Published on 12/02/2024
» Tensions between the Bank of Thailand and the coalition government led by Prime Minister Srettha Thavisin, who is also the finance minister, have been apparent for months and flared up last week after the Monetary Policy Committee (MPC) decided to maintain interest rates at 2.5% following a political push for a reduction.
Asian shares advance on China stimulus hopes
Published on 10/02/2024
» RECAP: Stocks in Asia recorded a third straight weekly gain before many markets closed for Chinese New Year, after a flurry of stimulus announcements from China as it attempted to stem a severe equity market slump.
SET index rises amid signs of interest rate cut
Nareerat Wiriyapong, Published on 08/02/2024
» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.
Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
SCB Wealth predicts B1tn in new bond issuances this year
Business, Nareerat Wiriyapong, Published on 06/02/2024
» The Thai bond market will remain robust with favourable returns this year thanks to sustained high interest rates, with new issuances estimated at 1 trillion baht, according to financial advisor SCB Wealth.
SJWD plans to spend B2.5bn on expanding network
Business, Nareerat Wiriyapong, Published on 06/02/2024
» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), is set to invest nearly 2.5 billion baht to acquire shares of logistics companies in Thailand and Malaysia as it expands its logistics and supply chain business in Southeast Asia.
Asian shares advance after US tech rally
Business, Published on 03/02/2024
» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.
JKN ordered to explain restructuring moves
Business, Nareerat Wiriyapong, Published on 02/02/2024
» The Stock Exchange of Thailand (SET) has ordered JKN Global Group (JKN) to clarify facts by next Tuesday regarding the company's shareholder restructuring and the share divestiture to a strategic partner, saying such information is not in line with its filings to the bourse.
Fitch: BoT to postpone rate cuts until H2
Business, Nareerat Wiriyapong, Published on 31/01/2024
» Despite political pressure, analysts expect the Bank of Thailand to refrain from cutting interest rates until the second half of this year, in line with predictions for the US Federal Reserve, saying it is too early to consider monetary easing now.