Showing 1-10 of 15 results
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Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
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Is another global crisis looming?
Business, Pathom Sangwongwanich, Published on 02/06/2016
» With a substantial amount of accumulated debt and banks becoming more vulnerable to loan delinquency, the global economic recovery remains in murky territory and another financial crisis cannot be ruled out, says an executive at an international investment management firm.
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With trade weak, East Asia counts on consumption and investment
Asia focus, Pathom Sangwongwanich, Published on 06/02/2017
» Despite the looming possibility of a trade war, economic growth is projected to improve in East Asian countries this year, propelled by two domestic engines of private consumption and public investment, economists say.
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BoT: Baht climbs as greenback slips
Business, Pathom Sangwongwanich, Published on 24/01/2019
» The baht's rising value is a result of the US dollar depreciation, stemming from domestic political developments in the world's largest economy, says the Bank of Thailand.
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ASP: Slower growth and exports tether baht
Business, Pathom Sangwongwanich, Published on 09/06/2020
» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).
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SET rebound tops Asia-Pacific markets
Pathom Sangwongwanich, Published on 20/03/2020
» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.
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PTTEP posts 21% Q1 net profit on oil prices, higher baht
Business, Pathom Sangwongwanich, Published on 27/04/2018
» SET-listed PTT Exploration and Production Plc (PTTEP), an oil and gas drilling firm, posted a substantial rise in net profit buoyed by higher global oil prices and lower income tax expenses resulting from the baht appreciation.
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US businesses confident of continued success in Asean
Asia focus, Pathom Sangwongwanich, Published on 17/07/2017
» Despite some dramatic shifts in foreign policy under US President Donald Trump, US businesses operating in Southeast Asia remain firmly confident of their foothold and welcome growing competition from their Chinese counterparts, say American executives.
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US confusion on Pyongyang
Asia focus, Pathom Sangwongwanich, Published on 27/03/2017
» US Secretary of State Rex Tillerson recently wrapped up a five-day tour of East Asia, his first official visit to the region, but a sense of ambiguity and insecurity still lingers. Several contentious trade and security issues were on the discussion table, but dealing with belligerent North Korea still seems like a pill US foreign policymakers find hard to swallow.
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Clash of titans
Asia focus, Pathom Sangwongwanich, Published on 13/02/2017
» Greater confrontations between China and a Donald Trump-led United States are possible, as flashpoints could potentially intensify the animosity between the two superpowers, says a China scholar.
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