Showing 1-10 of 31 results
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Nam to go ahead with SET listing
Business, Yuthana Praiwan, Published on 18/07/2023
» Namwiwat Medical Corporation (Nam), a local sterilised medical equipment manufacturer and seller, is preparing for listing on the Stock Exchange of Thailand to raise funds to support growth, despite political uncertainty which has caused the SET index to fluctuate.
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Asian shares subdued as rate worries resurface
Business, Published on 22/07/2023
» RECAP: Asian shares were subdued yesterday after Wall Street retreated on fresh signs of US labour-market resiliency, which could support another increase in interest rates after an expected move next week.
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All eyes on continuing political drama
Published on 22/07/2023
» Local stock market movements in the past week can be divided into two parts. In the first part, the SET Index rebounded to breach the initial resistance at 1,525 and hit the key resistance at 1,540 on better political clarity, despite a potential delay in government formation and the emergence of a new prime ministerial candidate.
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Political uncertainty spooks foreigners
Business, Nuntawun Polkuamdee, Published on 25/07/2023
» Low-yield stocks, slow economic growth and political uncertainty are the three fragile fundamental factors that have discouraged investors from continuing their investment in the Thai stock market, resulting in net outflows of more than 100 billion baht of foreign funds in the first half of 2023, says ttb analytics.
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Investor flight warning
Business, Lamonphet Apisitniran, Published on 25/07/2023
» The Thai economy and foreign investors cannot wait 10 months to see a new Move Forward Party-led government established without objection from senators whose term will end next May, says the Federation of Thai Industries (FTI).
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Nation warned of lost opportunities
Business, Nareerat Wiriyapong, Published on 26/07/2023
» Foreign business communities in Thailand are hoping that the new government is established within one month, as the longer it is delayed the more opportunities the country will lose, according to the former chairman of the Joint Foreign Chambers of Commerce in Thailand (JFCCT).
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Asian shares inch up on hope for US 'soft landing'
Business, Published on 05/08/2023
» RECAP: Asian shares inched higher yesterday, while the dollar retreated from a one-month peak, as investors assessed US economic data suggesting that a hoped-for "soft landing" is possible.
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Political drift stalls SET but upside possible
Business, Published on 05/08/2023
» We expect the SET Index to advance as earnings plays have kicked in with many second-quarter results of listed firms coming in favourably.
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Politics could dim investment
Business, Nareerat Wiriyapong, Published on 11/08/2023
» Though Thailand remains an attractive destination for investments, political uncertainties and delays in forming a new government could lead to a loss of investor confidence and hesitation to commit capital here, says a Thai unit of the France-based global insurer Axa Group.
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Investor confidence remains neutral
Business, Nuntawun Polkuamdee, Published on 11/08/2023
» The investor confidence index (ICI) remained in neutral territory last month as uncertainty over a new government and announcements on implementing the financial transaction tax undermined sentiment, says the Federation of Thai Capital Market Organizations (Fetco).
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