Showing 1 - 10 of 251
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.
MGC-Asia morphs into a lifestyle mobility company
Business, Nareerat Wiriyapong, Published on 10/06/2023
» SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.
Analysts anticipate more rate hikes
Business, Nareerat Wiriyapong, Published on 03/06/2023
» The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.
Investors fret as Chinese factories decelerate
Business, Nareerat Wiriyapong, Published on 01/06/2023
» Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.
SCB CIO sees limited impact from stimulus steps
Business, Nareerat Wiriyapong, Published on 25/05/2023
» The potential impact of the new government's stimulus measures on the economy is likely to be limited, while the stock market has already factored in risks related to political issues, says the SCB Chief Investment Office (SCB CIO).
Fitch upbeat on post-poll outlook for bank sector
Business, Nareerat Wiriyapong, Published on 18/05/2023
» Pro-growth policies and the absence of protests after the election are positive signs for Thai banks and the economy, but uncertainties remain as the winning parties try to form a coalition government, says global financial information provider Fitch Group.
Analysts upbeat on Thai growth outlook
Business, Nareerat Wiriyapong, Published on 17/05/2023
» Thailand's economic growth is expected to accelerate in the final nine months of this year, even as the global economy teeters near a recession, thanks partly to a lift following the May 14 election, analysts say.
Gold demand surges amid jitters
Business, Nareerat Wiriyapong, Published on 11/05/2023
» Global demand for gold among investors is growing this year thanks to turmoil in the banking sector, geopolitical tensions and a challenging economic environment, leading more people to flock to the precious metal as a safe-haven asset, says the World Gold Council (WGC).
Local bourse starts to see net inflows
Business, Nareerat Wiriyapong, Published on 10/05/2023
» The Thai stock market, which posted significant capital outflows in the first four months of this year, has begun to record net inflows this week as investors absorbed negative news about the US banking crisis and a potential recession, says the Stock Exchange of Thailand (SET).
Fitch expects growth to be restricted to 3% this year
Business, Nareerat Wiriyapong, Published on 04/04/2023
» The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.