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Search Result for “singapore”

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INVESTMENT

US tariffs set to dent foreign investment

Nareerat Wiriyapong, Published on 29/04/2025

» Foreign direct investment (FDI), especially investment coming from China, is expected to be hard hit by America's reciprocal tariff policy, says a unit of China Galaxy Securities (CGS), a state-owned brokerage, which noted that the steep US tariff would dent Thai GDP by about 1% this year.

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GENERAL

Thailand may buy more US goods in talks

Business, Nareerat Wiriyapong, Published on 09/04/2025

» Thailand could potentially import an additional US$32.9 billion worth of American goods to ease the adverse impacts of US President Donald Trump's tariffs by buying more aircraft, energy and grains from the US, says Kuala Lumpur-based Maybank.

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GENERAL

Maybank dubs Thailand the next data centre frontier

Business, Nareerat Wiriyapong, Published on 20/03/2025

» Thailand is emerging as the next data centre frontier in Southeast Asia, supported by Singapore Telecommunications' (Singtel) partnership with SET-listed Gulf Energy Development and potential investment diversification by ByteDance, says Maybank Securities.

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GENERAL

Unpacking the new co-pay rule

Business, Nareerat Wiriyapong, Published on 08/03/2025

» The new co-payment rule is set to transform the health insurance industry, which has been affected by rising medical costs, challenging economic conditions and unnecessary claims in recent years.

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GENERAL

Resilient UOB relishes regional role

Business, Nareerat Wiriyapong, Published on 29/11/2024

» In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to win the trust of Thai customers.

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GENERAL

Amro says risks to country's growth potential still persist

Business, Nareerat Wiriyapong, Published on 28/11/2024

» Despite a nascent rebound, Thailand's economy still faces risks that could prevent it from reaching its growth potential in both the short and long term, say economists, citing elevated household debt, the slow recovery in income among vulnerable segments, and the country's close ties with China in trade and investment.

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GENERAL

Thailand seeks crypto hub status

Business, Nareerat Wiriyapong, Published on 11/10/2024

» Thailand has the potential to become a digital asset hub if strategic policies are implemented to support development, while clearer regulations and greater institutional investment are driving the cryptocurrency market to new highs this year, says the Thai Digital Asset Association.

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GENERAL

Analysts see data centre investment revving up

Business, Nareerat Wiriyapong, Published on 03/10/2024

» New data centre investments in Thailand could accelerate over the next 3-5 years as global data usage is surging, with the electronics, industrial estate, contractor, and power plant sectors set to be the major beneficiaries, say analysts.

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GENERAL

Virtual banks face wait for profits

Business, Nareerat Wiriyapong, Published on 02/10/2024

» Winners of the Bank of Thailand's virtual bank licences are likely to struggle to turn a profit early on because the business usually burns cash during the first five years, says KGI Securities.

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GENERAL

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.