Showing 1 - 10 of 13
Stocks to rebound on government optimism - analysts
Bloomberg News, Published on 04/07/2023
» Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.
New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
Coalition talks spook markets amid split over LM
Bloomberg News, Published on 19/05/2023
» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.
Tourism to limit economic pain as new government awaited
Bloomberg News, Published on 18/05/2023
» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.
Osaka plans for its casino debut
Bloomberg News, Published on 08/12/2022
» LONDON: Japan’s second-largest metropolitan area aims to attract gamblers from South Korea, Taiwan and Southeast Asia to its planned casino-resort as Covid-19 curbs in China have cut the flow of tourists, the region’s leader said.
Xi defends China’s Covid response amid mounting economic woes
Bloomberg News, Published on 21/04/2022
» President Xi Jinping defended China’s lockdown-dependent approach to fighting the pandemic, even as he sought to reassure the world that the country was still committed to opening its economy.
Economic leadership void seen worsening uncertainty
Bloomberg News, Published on 20/07/2020
» Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook.
Investors flee as political risk escalates
Bloomberg News, Published on 12/02/2019
» In a span of three days, more than $3.85 billion has been erased from the stock market as political risks heightened ahead of national elections.
US punitive trade tariffs come into effect
Bloomberg News, Published on 06/07/2018
» BEIJING: US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chinese imports. China immediately said it would be forced to retaliate.
Central Bank chief saving rate cuts for external shocks
Bloomberg News, Published on 09/02/2016
» The central bank is keeping its powder dry on interest rates and is ready to act in the event of external shocks including a sustained decline in oil prices and even slower growth in China, governor Veerathai Santiprabhob said.