Showing 1 - 10 of 52
Jury still out on BoT measures
Business, Published on 30/11/2020
» The strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies, spelling trouble for the export-reliant country.
World Bank sees 10.4% contraction
Business, Published on 30/09/2020
» Thailand's economy could contract by as much as 10.4% this year as trade and tourism are severely dampened by Covid-19, with the ongoing drought and floods adding to the woes, says the World Bank.
Prices pick up for 3rd straight day, closing in on all-time high
Business, Published on 23/07/2020
» Gold prices continued their rally for a third consecutive day, breaking the US$1,860-per-ounce threshold at one point, as hopes of further financial stimulus are high amid the persistent pandemic and flaring Sino-US tensions.
ASP: 15% Q2 contraction possible
Business, Published on 09/07/2020
» Thailand's economy could contract by 15% year-on-year in the second quarter from lockdown measures, with rising contagion risk affecting economic activities on the external front, says Asia Plus Securities (ASP).
Industry unfazed by NokScoot closure
Business, Published on 30/06/2020
» NokScoot's closure is unlikely to have a significant impact on the domestic aviation industry due to international flight restrictions, with the industry's existence depending on vaccine development, say brokerage firms.
Stocks up, foreign inflows returning
Business, Published on 05/06/2020
» Local stocks rallied on Thursday as ample global financial liquidity moved into equities to chase higher yields amid hopes of an economic recovery and further loosening of lockdown measures.
No soft landing for troubled THAI
Business, Published on 18/05/2020
» The clock is ticking for loss-ridden Thai Airways International Plc (THAI) as it seeks a much-needed lifeline from the government or risks becoming another chapter in the history of national flag carriers to go bust, with the lives of about 21,000 employees hanging in the balance.
Bitcoin halves for third time
Business, Published on 12/05/2020
» The third bitcoin halving happened against the backdrop of the pandemic, possibly challenging the global dominance of the US dollar, with the digital yuan and Libra laying the foundation.
Bitcoin prices spike as halving approaches
Published on 09/05/2020
» Demand for bitcoin has surged again as the halving countdown of the virtual currency will occur in a few days, with millions of baht being traded daily on a local digital asset exchange.
TMBAM Eastspring leads Q1 carnage in mutual fund value
Business, Published on 10/04/2020
» The net asset value (NAV) of mutual funds managed by local asset management firms saw a decline of 824.6 billion baht in the first quarter, with TMBAM Eastspring registering the biggest loss of 272.3 billion baht, says the Association of Investment Management Companies (AIMC).