Showing 71 - 80 of 358
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.
Gold skyrockets as banks still wobble
Business, Nareerat Wiriyapong, Published on 21/03/2023
» Gold prices passed US$2,000 for the first time in more than a year on Monday as UBS's recent takeover of its Swiss rival Credit Suisse for $3.2 billion failed to assure investors about ongoing bank woes.
Bleak economic view for Asia
Business, Nareerat Wiriyapong, Published on 11/03/2023
» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.
Baker Tilly Asia expansions
Business, Nareerat Wiriyapong, Published on 02/03/2023
» Thailand and other Asia Pacific countries hold great opportunity for their economy to grow and for Baker Tilly to expand its presence here after the London-based global accounting firm posted a record revenue of US$1 billion from this region last year, executives say.
Asian equities jump on Fed hints
Business, Nareerat Wiriyapong, Published on 03/02/2023
» Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.
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.
Asia tracks Wall Street decline
Business, Nareerat Wiriyapong, Published on 16/12/2022
» The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.
SET rides Asian market upswell
Business, Nareerat Wiriyapong, Published on 02/12/2022
» The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.
Study puts spotlight on green finance
Business, Nareerat Wiriyapong, Published on 29/11/2022
» Fostering sustainable financing to help the country move towards net-zero carbon emissions and expanding digital assets are among the major roles the Thai capital market is to focus on over the next five years to enhance its competitiveness and support overall economic growth, a recent study revealed.
Growing through innovation
Business, Nareerat Wiriyapong, Published on 30/08/2022
» The global business landscape has changed completely with emerging factors, namely climate change, digital disruption and constraints largely brought by the protracted Covid-19 pandemic. To stay alive and thrive, businesses across the world need to have clear strategies to address their ongoing concerns and better serve customers' demand in the new era.