Showing 41 - 50 of 356
Business, Nareerat Wiriyapong, Published on 13/11/2023
» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.
Business, Nareerat Wiriyapong, Published on 08/11/2023
» Analysts are expressing concerns about Thailand's first year-on-year decline in inflation in 25 months, saying the dip in the consumer price index (CPI) reflects growing risks of an economic slowdown and deflation.
Business, Nareerat Wiriyapong, Published on 04/11/2023
» Analysts are expressing concerns over Thailand's fiscal position, saying figures are likely to deteriorate in the medium term as the government pushes through populist policies such as the digital wallet scheme.
Business, Nareerat Wiriyapong, Published on 02/11/2023
» A possible delay to the costly digital wallet scheme and a slower than expected tourism recovery could dampen sentiment in the Thai stock market this month after the index contracted 6.1% in October and is down 17.2% year-to-date, say analysts.
Business, Nareerat Wiriyapong, Published on 25/10/2023
» After slipping below 1,400 points last Friday, the Stock Exchange of Thailand (SET) index is likely to remain on a downward trend this week, possibly reaching 1,330-1,350 points as negative factors linger, according to analysts.
Nareerat Wiriyapong, Published on 20/10/2023
» The Stock Exchange of Thailand (SET) index plunged below 1,400 points on Friday ahead of the three-day weekend, as other regional markets also tracked Wall Street’s overnight declines amid hawkish statements from the US Federal Reserve about further US interest rate hikes.
Business, Nareerat Wiriyapong, Published on 20/10/2023
» The Thai economy and stock market could benefit from China's economy, which performed better than expected during the third quarter, according to analysts who expressed hopes that Beijing will launch more stimulus measures later this year.
Business, Nareerat Wiriyapong, Published on 12/10/2023
» Global gold prices could hit US$1,875 per ounce in the near term as the war in the Middle East shows no signs of ending soon, according to the Gold Traders Association (GTA).
Nareerat Wiriyapong, Published on 10/10/2023
» The Stock Exchange of Thailand (SET) is facing fresh sell-off pressure, with the index falling close to a key resistance level of 1,430 points on Monday, due to rising global geopolitical risk amid the escalating conflict between Israel and Hamas, according to an analyst.
Business, Nareerat Wiriyapong, Published on 07/10/2023
» Foreign investors are expected to return to the Thai stock market when they see progress in the government's economic policies, baht stability, and an improving economy, says the Stock Exchange of Thailand (SET).