Showing 1-10 of 63 results
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Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
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Calculating the cost of war
Business, Published on 29/04/2024
» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.
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Global and Thai economies face rising risk
Business, Published on 27/04/2024
» Three recent events have changed the world economic picture and monetary policy outlook.
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Indonesia hikes rate to arrest rupiah slide
Published on 24/04/2024
» The Indonesian central bank on Wednesday raised its benchmark interest rate to a record high, in what is seen as a one-and-done move to support the rupiah that has hit pandemic-era lows.
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Diesel subsidy possible if excise tax cut ends
Yuthana Praiwan, Published on 18/04/2024
» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.
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Oil Prices Surge Amid Geopolitical Tensions
Published on 17/04/2024
» Current crude oil prices are elevated due to conflicts in the Middle East, with ongoing tensions between Russia and Ukraine exacerbating the situation. Amidst the fragile global economic landscape, crude oil prices have declined in the first quarter of the year, whilst the OPEC+ group of producers continues to tightly control supply.
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Traders upgrade outlook for gold prices
Business, Nareerat Wiriyapong, Published on 05/04/2024
» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.
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World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
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Hana picked to benefit from government's chip push
Business, Published on 01/04/2024
» Hana Microelectronics Plc and national oil and gas conglomerate PTT Plc stand to gain from the Thai government's attempt to attract more foreign investment to produce advanced semiconductors, which could prove to be a milestone for Thailand, says a local brokerage.
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Commerce slightly upbeat on Q1 exports
Business, Phusadee Arunmas, Published on 27/03/2024
» The Commerce Ministry expects Thailand's export value in the first quarter this year to grow by 1-2%, driven by stable freight costs as shipments of major products such as rice, rubber, pet food, automobiles and electronics start to show signs of improvement.
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