Showing 1-10 of 60 results
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 18/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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BoT: Exchange rate not a tool
Business, Pathom Sangwongwanich, Published on 17/12/2020
» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.
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BoT moves to curb strengthening baht
News, Pathom Sangwongwanich, Published on 21/11/2020
» The Bank of Thailand has liberalised foreign currency deposits and increased the investment limit in foreign securities for individuals to US$5 million (165 million baht) per year from US$200,000 as part of efforts to curb the rapid appreciation of the baht and forge a new foreign exchange ecosystem.
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ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
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TU profits fall 20.2% in Q1 from foreign turmoil
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.
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SET rebound tops Asia-Pacific markets
Pathom Sangwongwanich, Published on 20/03/2020
» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.
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SET trading halted again
Pathom Sangwongwanich, Published on 13/03/2020
» Trading on the Stock Exchange of Thailand board was halted on Friday morning, for the second straight day, as a circuit breaker was triggered following a 10% plunge.
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SET extends losses as virus fears batter sentiment
Pathom Sangwongwanich, Published on 12/03/2020
» Share prices dived on the Thai stock exchange on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.
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Stocks up slightly to end year's trading
Business, Pathom Sangwongwanich, Published on 31/12/2019
» Thai shares edged up 0.1% on the last trading day of 2019, the benchmark index posting a 1% yearly rise as confidence was muted by the prolonged US-China trade dispute and sluggish economic growth at home and abroad.
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Digital asset scope may grow
Business, Pathom Sangwongwanich, Published on 23/07/2019
» The Securities and Exchange Commission (SEC) is conducting a public hearing to expand the scope of businesses under the digital asset royal decree.
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