Showing 1 - 10 of 355
Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
Politics could dim investment
Business, Nareerat Wiriyapong, Published on 11/08/2023
» Though Thailand remains an attractive destination for investments, political uncertainties and delays in forming a new government could lead to a loss of investor confidence and hesitation to commit capital here, says a Thai unit of the France-based global insurer Axa Group.
High costs and weak economy deter adoption
Asia focus, Nareerat Wiriyapong, Published on 26/10/2015
» Driven by a growing shortage of workers and increased wages, Thai businesses have eagerly embraced automation to cut costs and improve productivity, but more government incentives would help to accelerate such development, executives say.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Global slowdown threatens Thai growth
Business, Nareerat Wiriyapong, Published on 06/12/2023
» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.
Delta lays out investment plans
Business, Nareerat Wiriyapong, Published on 13/03/2024
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.
Baht to strengthen against US dollar
Business, Nareerat Wiriyapong, Published on 04/01/2024
» The baht could strengthen to 33 to the US dollar in the near term as the market is convinced the US Federal Reserve will start cutting interest rates by as early as March, bringing back fund inflows to the Thai currency.
Sabuy cuts full-year revenue target on global headwinds
Business, Nareerat Wiriyapong, Published on 26/12/2023
» Sabuy Technology, the SET-listed technology aggregator and commerce platform, has downgraded its revenue target this year by nearly half from a forecast of 20 billion baht and trimmed investments, citing global economic headwinds and geopolitical conflicts that have lowered purchasing power in Thailand.
Gold price could edge higher
Business, Nareerat Wiriyapong, Published on 12/10/2023
» Global gold prices could hit US$1,875 per ounce in the near term as the war in the Middle East shows no signs of ending soon, according to the Gold Traders Association (GTA).
Clarity on Fed hikes may drive gold up to $2,050 per ounce
Business, Nareerat Wiriyapong, Published on 14/09/2023
» The price of gold could rise as high as US$2,050 per ounce from $1,910 at present as soon as it becomes clear that the US Federal Reserve has finished its interest rate hike cycle, which is likely to happen next year, says the World Gold Council (WGC).