Showing 1 - 10 of 2,906
Waiting for the dominoes to fall
Business, Post Reporters, Published on 17/07/2023
» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.
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:
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Oil Prices Predicted to Recover Amidst Global Economic Rebound
Published on 14/07/2023
» The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a consensus was reached to reduce crude oil production by 2 million barrels per day until the end of 2023. Additionally, several countries, including Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Iraq, Algeria, Kazakhstan, and Gabon, volunteered to implement additional production cuts totalling 1.16 million barrels per day from May to December 2023. Furthermore, Russia extended its planned production cut by 500,000 barrels per day from March to June 2023 until December 2023. As a result, the total production reduction from May to December 2023 stands at 3.66 million barrels per day.
Investors advised to await clearer political signals
Business, Published on 14/07/2023
» Investors are urged to hold some cash amid the political uncertainty and demonstrations, while any outcome from the parliamentary vote for prime minister will be positive for the stock market because it would provide clarity about Thai politics, say analysts.
All eyes on the new government
Business, Published on 08/07/2023
» We believe domestic politics will dominate the SET index direction in July as the new government takes shape, with the first vote to select the prime minister just days away.
Regulator seeks opinions on new power tariff rates
Business, Yuthana Praiwan, Published on 08/07/2023
» The Energy Regulatory Commission (ERC) is gathering public opinion on its three choices for new power tariff rates before selecting one to determine electricity bills between September and December.
Public feedback sought on new power tariffs
Yuthana Praiwan, Published on 07/07/2023
» The Energy Regulatory Commission (ERC) is gathering public opinion on three possible options for new power tariff rates before selecting one to determine electricity bills between September and December.
Businesses report longer payment delays
Business, Published on 07/07/2023
» Fewer businesses in Asia-Pacific reported overdue payments in 2022, but the duration of payment delays increased markedly, according to Coface, the France-based multinational credit insurance and risk management specialist.
Panel trims export growth forecast
Business, Lamonphet Apisitniran, Published on 06/07/2023
» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.