Showing 1-10 of 29 results
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CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
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Baht hits two-month high
Business, Nareerat Wiriyapong, Published on 07/11/2023
» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.
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What's new in business news: August 7, 2013
Jon Fernquest, Published on 07/08/2013
» Nok Air flight skids off runway delays flights, KBank tightens rules to reduce loans & Vibhavadi buys golf courses & new hospitals.
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Taking a deep dive into the baht rebound
Business, Janine Phakdeetham, Published on 03/08/2022
» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.
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BoT tightens belt on consumer loans
Business, Published on 30/06/2017
» The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.
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Adapt or die fighting the giants
Business, Published on 25/09/2017
» Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.
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Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
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US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
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Dollar revival takes shine off asia stocks
Business, Published on 14/02/2017
» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.
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Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.
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