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Search Result for “china”

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GENERAL

CGSI targets top 3 brokerage spot

Business, Nareerat Wiriyapong, Published on 11/05/2024

» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.

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INVESTMENT

Slowdown weighs on current account

Business, Nareerat Wiriyapong, Published on 16/05/2024

» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.

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GENERAL

Analysts trim growth for this year and next

Business, Nareerat Wiriyapong, Published on 04/05/2024

» Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.

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GENERAL

Traders upgrade outlook for gold prices

Business, Nareerat Wiriyapong, Published on 05/04/2024

» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.