Showing 1 - 7 of 7
Crypto glitches prompt industry rethink
Business, Janine Phakdeetham, Published on 31/08/2022
» With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are heading going forward.
Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
Economic outlook turns dour as committee meets
Business, Janine Phakdeetham, Published on 30/03/2022
» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.
Exploring factors driving the inflation uptick
Business, Janine Phakdeetham, Published on 09/03/2022
» The Commerce Ministry recently announced Thailand's headline inflation rate rose 5.28% in February year-on-year, which was higher than expected. The surge in the economic indicator marked the fastest rate jump in 13 years and breaches the central bank inflation target for this year.
What's behind the oil price hike?
Business, Janine Phakdeetham, Published on 10/02/2022
» The Federation of Thai Industries (FTI) recently expressed concerns that global oil prices may continue to surge, reaching US$100 a barrel this year. High fuel prices could negatively affect many sectors across the pandemic-battered economy.
Point of pride
Business, Janine Phakdeetham, Published on 11/01/2022
» Japanese medical equipment manufacturer Nipro Corporation recently unveiled the company's innovative disposable syringes, a timely solution that can stretch the Covid-19 vaccine dosage amid an increase in Covid-19 infections and warnings against the latest Omicron variant.