Showing 1 - 10 of 503
Rice to get costlier as supply threatened
Reuters, Published on 06/07/2023
» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.
Thai stocks flounder in absence of China spark
Reuters, Published on 16/06/2023
» SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.
New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
Consumer confidence ticks up in May
Business, Phusadee Arunmas, Published on 09/06/2023
» Consumer confidence rose for a 12th straight month in May and hit the highest level since March 2020, boosted by a gradually recovering economy and a resilient tourism sector.
Stocks rise as political fears subside
Business, Nareerat Wiriyapong, Published on 19/05/2023
» The Stock Exchange of Thailand (SET) returned to positive territory on Thursday after falling for three consecutive days following Sunday's election, with the victorious Move Forward Party (MFP) announcing a plan to form a coalition government with 313 members of parliament.
Tourism to limit economic pain as new government awaited
Bloomberg News, Published on 18/05/2023
» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.
Operators express hope post-election
Business, Molpasorn Shoowong, Published on 17/05/2023
» Chiang Mai and Phuket tourism operators hope the new government led by the Move Forward Party (MFP) can solve the PM2.5 dust crisis, work to decentralise power, and allocate budget for regional development and restoring tourism competitiveness.
Phuket banking on administrative reform
Business, Narumon Kasemsuk, Published on 16/05/2023
» Phuket tourism operators hope the right to vote for their own provincial governor will help solve prolonged local issues as the island still needs tailor-made policies to address specific problems, such as the taxi mafia.
Victorious parties urged to move fast
Business, Phusadee Arunmas, Published on 16/05/2023
» The business sector is calling for a new government to be quickly established and its policies to be agreed upon by the coalition parties, saying this will greatly affect the country's confidence.
Bourse dips despite election landslide
Business, Published on 16/05/2023
» Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.