Showing 1-10 of 471 results
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Hungary keen to develop bilateral trade ties
Business, Nareerat Wiriyapong, Published on 22/03/2024
» Hungary is looking forward to developing deeper bilateral ties with Thailand in terms of trade, investment and tourism, partly to support the Central European nation's goal of 4% economic growth this year, says Minister of Foreign Affairs and Trade Péter Szijjártó.
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More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
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Binance sees Bitcoin exceeding $80,000 before year-end
Business, Nareerat Wiriyapong, Published on 19/03/2024
» Increasing inflows into crypto-backed exchange-traded funds (ETFs) and the reduction in supply once it is halved next month could push Bitcoin prices to exceed the previous forecast of US$80,000 before year-end, says Binance chief executive Richard Teng, as he vows to work with a local partner to expand the company's presence in the Thai market.
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Allianz unit eyes 20% growth in corporate business
Business, Nareerat Wiriyapong, Published on 16/03/2024
» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.
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Delta lays out investment plans
Business, Nareerat Wiriyapong, Published on 13/03/2024
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.
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World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
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Influx seen boosting economy
Business, Nareerat Wiriyapong, Published on 27/02/2024
» Thailand's tourism upturn should get a boost from China's launch of measures to boost its economy, with more Chinese travellers expected to arrive in Thailand to drive the Thai economy to growth of at least 3% this year, analysts say.
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Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
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Gulf Binance aims to be market leader
Business, Nareerat Wiriyapong, Published on 16/02/2024
» Gulf Binance Co, a joint venture between the world's largest crypto exchange and SET-listed Gulf Energy Development, aims to become the top player in Thailand's thriving digital asset exchange market within two years.
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SET index rises amid signs of interest rate cut
Nareerat Wiriyapong, Published on 08/02/2024
» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.
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