Showing 1 - 10 of 16
Bank of Thailand rate cuts expected as US economy slows this year
Business, Nareerat Wiriyapong, Published on 13/08/2024
» The US economy is expected to enter a cyclical slowdown from late 2024 through to 2025, leading the Bank of Thailand to cut its policy rate by as much as 1.5 percentage points next year alone, says KGI Securities (Thailand).
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Pundits fret over impact of China's decline on Thailand
Business, Nareerat Wiriyapong, Published on 12/12/2023
» Analysts are expressing concerns over China's weakening economy, saying the mainland's slowdown and rising US-China tension could impact Thailand on exports, tourism, direct investment and property.
Electronics sector upbeat on 2024 view
Business, Nareerat Wiriyapong, Published on 12/12/2023
» Listed electronics companies should see their performance improve in 2024 thanks to a projected global recovery of all sub-sectors across the industry, with higher growth in the latter half of the year, says KGI Securities.
Political gridlock to keep stocks subdued
Business, Nareerat Wiriyapong, Published on 08/08/2023
» The Stock Exchange of Thailand (SET) will remain sluggish in the third quarter of 2023 as a result of the protracted political uncertainties, says the Investment Analysts Association (IAA), urging the new government to boost domestic consumption and tackle rising household debt.
Bourse edges down amid global jitters
Business, Nareerat Wiriyapong, Published on 28/06/2023
» Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.
Economists slice growth outlook for Asean+3
Business, Nareerat Wiriyapong, Published on 18/01/2023
» China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.
Waiting for China
Asia focus, Nareerat Wiriyapong, Published on 23/05/2022
» Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an upper-middle-income country.
Time to move on from Zero Covid
Asia focus, Nareerat Wiriyapong, Published on 23/05/2022
» It's finally time for Shanghai residents to breathe easier and feel a greater sense of freedom. After nearly two months of lockdown, the commercial hub of 25 million started to allow more people to go out to buy groceries for the first time last Thursday after a fifth straight day of no new Covid-19 infections outside quarantine areas.