Showing 1-10 of 18 results
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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 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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Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
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Sabuy cuts full-year revenue target on global headwinds
Business, Nareerat Wiriyapong, Published on 26/12/2023
» Sabuy Technology, the SET-listed technology aggregator and commerce platform, has downgraded its revenue target this year by nearly half from a forecast of 20 billion baht and trimmed investments, citing global economic headwinds and geopolitical conflicts that have lowered purchasing power in Thailand.
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Pundits fret over impact of China's decline on Thailand
Business, Nareerat Wiriyapong, Published on 12/12/2023
» Analysts are expressing concerns over China's weakening economy, saying the mainland's slowdown and rising US-China tension could impact Thailand on exports, tourism, direct investment and property.
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Thai stocks could face further losses
Business, Nareerat Wiriyapong, Published on 02/11/2023
» A possible delay to the costly digital wallet scheme and a slower than expected tourism recovery could dampen sentiment in the Thai stock market this month after the index contracted 6.1% in October and is down 17.2% year-to-date, say analysts.
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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.
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Taiwan feels chill from Ukraine crisis
Asia focus, Nareerat Wiriyapong, Published on 28/02/2022
» Countries across the world are feeling the impact of Russia's full-scale invasion of Ukraine as stock markets tumble and oil prices spike. But Taiwan is feeling a particular chill, amid concerns that it eventually could face a similar fate at the hands of China.
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Fragile, uneven recovery
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.
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America eyes Asean
Asia focus, Nareerat Wiriyapong, Published on 06/12/2021
» With a population of over 650 million and a rapidly expanding middle class, Southeast Asia presents significant growth potential for companies operating in the region. The Regional Comprehensive Economic Partnership (RCEP), signed by the 10 Asean countries and five key trading partners including China, will further enhance Asean's potential and attract more investors when the pact takes effect in January.
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