Showing 1 - 10 of 90
Investor confidence takes a nosedive
Business, Nareerat Wiriyapong, Published on 08/06/2023
» The investor confidence index retreated to bearish territory for the first time in eight months in May as political conflicts and an economic slowdown undermined sentiment, suppressing the positive impact of a tourism recovery, says the Federation of Thai Capital Market Organizations (Fetco).
SCB CIO sees limited impact from stimulus steps
Business, Nareerat Wiriyapong, Published on 25/05/2023
» The potential impact of the new government's stimulus measures on the economy is likely to be limited, while the stock market has already factored in risks related to political issues, says the SCB Chief Investment Office (SCB CIO).
Fitch upbeat on post-poll outlook for bank sector
Business, Nareerat Wiriyapong, Published on 18/05/2023
» Pro-growth policies and the absence of protests after the election are positive signs for Thai banks and the economy, but uncertainties remain as the winning parties try to form a coalition government, says global financial information provider Fitch Group.
Analysts upbeat on Thai growth outlook
Business, Nareerat Wiriyapong, Published on 17/05/2023
» Thailand's economic growth is expected to accelerate in the final nine months of this year, even as the global economy teeters near a recession, thanks partly to a lift following the May 14 election, analysts say.
Local bourse starts to see net inflows
Business, Nareerat Wiriyapong, Published on 10/05/2023
» The Thai stock market, which posted significant capital outflows in the first four months of this year, has begun to record net inflows this week as investors absorbed negative news about the US banking crisis and a potential recession, says the Stock Exchange of Thailand (SET).
Fitch expects growth to be restricted to 3% this year
Business, Nareerat Wiriyapong, Published on 04/04/2023
» The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.
Bleak economic view for Asia
Business, Nareerat Wiriyapong, Published on 11/03/2023
» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.
Economists slice growth outlook for Asean+3
Business, Nareerat Wiriyapong, Published on 18/01/2023
» China's reopening should provide a timely boost to the Asean+3 region as the area's economic growth was downgraded because of continuing weakness in China, Japan and South Korea, according to economists.
Tourism ministry seeks B8.7bn economic 'booster shot'
Business, Nareerat Wiriyapong, Published on 15/11/2022
» LONDON: The Tourism and Sports Ministry is planning to ask the cabinet this month for a budget of 8.7 billion baht to support the tourism industry, saying a "booster shot" is required for Thailand to attract 18-20 million tourists next year.
Holiday mood
Asia focus, Nareerat Wiriyapong, Published on 09/05/2022
» Returning to Phuket for the first time in three years, Henri Giscard d'Estaing is busy visiting government officials and business partners on the southern island world-renowned for its white sandy beaches, crystal clear waters, historical old town and delicious food.