Showing 1 - 10 of 700
Vayupak Fund enjoys optimistic launch
Business, Published on 08/10/2024
» The 150-billion-baht state-run Vayupak Fund (VAYU1), which debuted on the Stock Exchange of Thailand (SET) on Monday, is expected to boost the daily trading value of Thai stocks and prevent falling prices amid unfavourable external factors led by growing tensions in the Middle East.
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
SET turns the corner as political issues dissipate
Business, Published on 14/09/2024
» August was a special time for the Thai market. At the beginning of the month, the Stock Exchange of Thailand (SET) index was at 1,320.86 points as uncertainty prevailed and the market mood was quite dull. The ethics case involving former prime minister Srettha Thavisin was a major overhang for the SET.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Strong big-cap results help SET in turbulent July
Business, Published on 10/08/2024
» The Stock Exchange of Thailand underwent a significant mood swing in July, trading between 1,286.79 and 1,332.76 points. Early in the month, market uncertainty ratcheted higher as the share price of troubled Energy Absolute (EA) plunged.
Thai stocks join global slump
Published on 05/08/2024
» The Stock Exchange of Thailand (SET) index plunged nearly 3% on Monday as other Asian equities tumbled to multi-year lows on fears that the US economy is falling into a recession, coupled with rising tensions in the Middle East.
Global sell-off intensifies on signs of US weakness
Business, Published on 03/08/2024
» RECAP: A global stock sell-off intensified yesterday as concerns grew over the health of the US economy and disappointing forecasts from major tech firms. Japanese shares plunged on expectations for more interest-rate hikes, further darkening the mood.
Analyst sees headwinds persisting until mid-2025
Business, Nareerat Wiriyapong, Published on 30/07/2024
» A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.