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Search Result for “rates”

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BUSINESS

Asian markets fail to build on rally with eye on China policy

AFP, Published on 19/06/2023

» HONG KONG: Markets saw a limp start Monday as traders turned more cautious after last week's rally, with eyes on China as speculation grows that officials will unveil a raft of economic stimulus measures.

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BUSINESS

Drowning in debt

Business, Post Reporters, Published on 19/06/2023

» Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

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BUSINESS

Phuket tourism revenue returns to pre-Covid level

Achadthaya Chuenniran, Published on 18/06/2023

» PHUKET: Tourism in the southern island province has returned to its pre-Covid level by revenue, while the number of visitors remains lower than before the pandemic due partly to fewer returning Chinese tourists, according to local authorities.

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BUSINESS

Political waiting game dominates agenda

Business, Published on 17/06/2023

» The SET index climbed to the key resistance at 1,570 points early this week before consolidating to build a new base at around 1,550+. Early gains were driven by short-covering in blue chips by investors unwinding positions.

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BUSINESS

Asian shares advance as Fed pause lifts hopes

Business, Published on 17/06/2023

» RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.

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BUSINESS

Digital push woos multinational firms

Business, Suchit Leesa-nguansuk, Published on 16/06/2023

» Many foreign software firms established offices in Thailand this year to capitalise on the country’s continuing digital transformation and to serve the demand of local enterprises.

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BUSINESS

Thai stocks decline again despite US rate hike pause

Business, Published on 16/06/2023

» Domestic political uncertainties continue to weigh on the Thai stock market, with the Stock Exchange of Thailand (SET) index sliding further yesterday, ignoring the pause in US interest rate hikes and Beijing's fresh rate cut.

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BUSINESS

Sentiment declines again last month

Business, Lamonphet Apisitniran, Published on 15/06/2023

» Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

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BUSINESS

Central bank expects easing of loan growth

Business, Somruedi Banchongduang, Published on 15/06/2023

» The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.

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BUSINESS

Fed pauses interest rate hikes but signals more tightening ahead

AFP, Published on 15/06/2023

» WASHINGTON: The United States Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year.