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  • GENERAL

    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.

  • BUSINESS

    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.

  • BUSINESS

    Oil, war, pandemic: Economic costs mount

    Business, Published on 14/03/2022

    » The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

  • BUSINESS

    Care and feeding of a fragile economy

    Business, Published on 08/10/2018

    » Raising the policy interest rate at a time when the country's economy remains vulnerable could stall a recovery towards sustained growth, warns Finance Minister Apisak Tantivorawong.

  • BUSINESS

    Hawkish fed tone rattles asia, But only briefly

    Business, Published on 19/12/2016

    » Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.

  • BUSINESS

    TCG to push for more help for SMEs

    Business, Published on 04/09/2017

    » The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.

  • BUSINESS

    GSB aims for the top of mobile service segment

    Business, Published on 20/11/2017

    » As digital banking becomes the new battleground for banks to compete for customers, state-owned Government Savings Bank (GSB) has set its sights to be among the top three mobile banking service providers by number of users in the next two years and the largest in the next five years.

  • BUSINESS

    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.

  • THAILAND

    Bitten by the bitcoin bug

    Spectrum, Published on 19/03/2017

    » Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.

  • BUSINESS

    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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