Showing 1 - 10 of 3,696
Thailand affirmed at BBB+, outlook stable
Business, Published on 15/07/2023
» Fitch Ratings has affirmed Thailand's long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. Among the key ratings drivers are:
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
Japanese visitors unlikely to hit TAT target
Business, Molpasorn Shoowong, Published on 10/07/2023
» The Tourism Authority of Thailand (TAT) acknowledges that inbound Japanese visitors are unlikely to reach its target of half of the 2019 level this year because of a slow resumption of flights and a weak yen, while travel agents have voiced concerns about potential political unrest.
Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
New House speaker propels Thai stocks
Business, Nareerat Wiriyapong, Published on 05/07/2023
» The Stock Exchange of Thailand (SET) rebounded modestly on Tuesday as investors hailed the selection of a House speaker as a breakthrough in the political impasse, ahead of the parliamentary vote for a new prime minister later this month.
Shares rise on hopes for stimulus in China
Business, Published on 01/07/2023
» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.
Baht at 7-month low on political uncertainty
Reuters, Published on 28/06/2023
» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
World Bank: Myanmar recovery years away
Published on 27/06/2023
» The economy of Myanmar has shown some signs of stabilising in the first half of this year but it is unlikely to recover to pre-Covid levels until 2027 or 2028, according to the World Bank.
BoT loosens forex rules further
Published on 27/06/2023
» The Bank of Thailand (BoT) says it will double the amount that Thai retail investors can invest in foreign securities in order to encourage capital outflows amid a volatile baht.