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Search Result for “tourism”

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BUSINESS

Standard Chartered sees narrower current account

Business, Darana Chudasri, Published on 31/10/2018

» Despite projecting an upbeat economic growth outlook next year, Thailand's current account surplus is anticipated to narrow because of risks to the tourism industry and an expected rise in imports, says Standard Chartered Bank Thai.

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BUSINESS

Committee cautions lower growth in H2

Business, Darana Chudasri, Published on 03/10/2018

» Thailand's economic growth in the second half is anticipated to expand at a slower pace than the first half because of ebbing exports and tourism coupled with higher oil prices and the strengthening baht, say business leaders.

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BUSINESS

KBank: Turkish crisis good for Thai bonds

Business, Darana Chudasri, Published on 16/08/2018

» Turkey's currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand's low inflation supports bond investment returns, says Kasikornbank (KBank).

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BUSINESS

SET vies to be funding hot spot

Business, Darana Chudasri, Published on 20/07/2018

» Two new investment products -- an infrastructure fund and depository receipt (DR) -- are expected to be launched this quarter to enhance the Stock Exchange of Thailand (SET)'s status as a regional fundraising destination for foreign companies.

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BUSINESS

Investor mood ebbs, remains in neutral gear

Business, Darana Chudasri, Published on 13/06/2018

» Investor confidence for the next three months remains in neutral territory for the second straight month as uncertainty about the general election's timing and fund flow volatility keep a lid on confidence, says the Federation of Thai Capital Market Organisations (Fetco).

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BUSINESS

BAY: Baht could hit 30 to dollar in 2019

Business, Darana Chudasri, Published on 06/06/2018

» The baht's strength is expected to continue into next year when the local currency could hit 30 against the US dollar on the back of the burgeoning economy, says a Bank of Ayudhya (BAY) senior official.

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BUSINESS

Listed firms post record Q1 net profits

Business, Darana Chudasri, Published on 23/05/2018

» SET-listed companies recorded an all-time high in quarterly net profits of 286 billion baht for the first quarter, driven by the robust performance of power plants and the banking sector.

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BUSINESS

Confidence index drops for 3rd month

Business, Darana Chudasri, Published on 22/05/2018

» Investor confidence for the next three months has dropped into neutral territory for the first time in nine months as a result of concerns over US monetary policy tightening and geopolitical anxiety, says the Federation of Thai Capital Market Organisations (Fetco).

BUSINESS

Asset-minded Phatra jumps into REIT fray

Business, Darana Chudasri, Published on 21/05/2018

» Phatra Asset Management is set to enter the real estate investment trust (REIT) business as a part of its strategy to generate long-term and sustainable growth.

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BUSINESS

Superrich forecasts exchange value uptick

Business, Darana Chudasri, Published on 09/05/2018

» Superrich Thailand, a leading local money changer, expects total money exchange value to grow by 20% this year and plans to increase investment in preparation for changes in technology and consumer lifestyles.