Showing 1-10 of 42 results
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SET sees 2020 as key year to lure investors
Business, Darana Chudasri, Published on 23/01/2020
» With a cautiously optimistic view of the global and domestic economies, the Stock Exchange of Thailand (SET) contemplates 2020 as another challenging year for its development blueprint and preparing new infrastructures where digital technology and decentralisation will play a greater role.
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SET index may approach record
Business, Darana Chudasri, Published on 12/01/2017
» SCB Securities (SCBS) is bullish about the local stock market, predicting that the benchmark SET index will flirt with its record high of 1,753.73 this year on the strength of massive investment in infrastructure projects, oil price rebounds and Thailand's economic recovery.
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Set slides below 1,500 on weak earnings outlook
Business, Darana Chudasri, Published on 01/06/2015
» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.
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Time to shine for Hua Seng Heng's third-gen CEO
Business, Darana Chudasri, Published on 28/03/2020
» Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.
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BAY foresees baht hike
Business, Darana Chudasri, Published on 02/12/2020
» The baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account surplus and the US's ultra-loose monetary policy, says Bank of Ayudhya (BAY).
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Gold trade gets redefined
Business, Darana Chudasri, Published on 13/08/2020
» After years of regulations confining gold trade in Thailand to the baht, the US dollar will now be used.
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Mad dash to cash in on gold spike
Business, Darana Chudasri, Published on 16/04/2020
» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.
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Gold bar price spread widened to B300
Business, Darana Chudasri, Published on 26/03/2020
» The Gold Traders Association has widened the price spread for trading local gold bars to 300 baht, as the global gold trade faces transport problems because of the Covid-19 pandemic.
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Q3 exports poised for biggest drop
Business, Darana Chudasri, Published on 29/08/2019
» Exports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist.
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KS lifts 12-month SET target
Business, Darana Chudasri, Published on 10/07/2019
» Kasikorn Securities (KS) remains bullish on local stocks and has raised its 12-month forward target for the SET index to 1,775 from the previous 1,725.
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