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Search Result for “exchange rates”

Showing 71 - 80 of 4,218

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INVESTMENT

SET index slides below 1,200 points

Business, Published on 01/03/2025

» Pressured by weak economic growth prospects, lower than expected company earnings and concerns over the impact of US President Donald Trump's tariffs, the Stock Exchange of Thailand (SET) index slid below 1,200 points on Friday, with analysts saying no significant rebound is in sight.

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INVESTMENT

Trump tariff storm batters Asian shares

Business, Published on 01/03/2025

» RECAP: Emerging Asian markets got swept up in the global equities storm yesterday, with Thai and Indonesian stocks teetering on the brink of a bear market as President Donald Trump's latest tariff threats sent risk assets reeling.

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GENERAL

Analysts see rate cut as beneficial to local bourse

Business, Nuntawun Polkuamdee, Published on 28/02/2025

» The Bank of Thailand's surprise interest rate cut should benefit stocks in the fields of leasing, real estate, retail, hospitals, and those with high debt, while banking stocks are out of favour, say analysts.

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GENERAL

Bank of Thailand cuts interest rate to 2%

Published on 26/02/2025

» The Bank of Thailand cut its key interest rate by a quarter point on Wednesday amid government calls for further easing to support the economy and weaken the baht to boost exports.

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GENERAL

Maybank upbeat on US AI tech

Business, Nuntawun Polkuamdee, Published on 26/02/2025

» Vietnam and India are the top two Asian bourses with strong growth potential this year, while US artificial intelligence (AI) technology stocks could deliver a return on investment of up to 25%, according to Maybank Securities.

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GENERAL

Thai exports up for 7th straight month, surplus with US a concern

Reuters, Published on 25/02/2025

» Exports beat expectations in January, posting a seventh straight monthly rise, according to figures released on Tuesday.

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GENERAL

Finance minister keen on interest rate cuts

Business, Wichit Chantanusornsiri, Published on 25/02/2025

» Interest rate cuts this year should be well-timed to support continuous economic growth, says Finance Minister Pichai Chunhavajira.

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GENERAL

Baht expected to dip to 35 by mid-year

Business, Somruedi Banchongduang, Published on 25/02/2025

» Standard Chartered Bank (Thai) forecasts the baht will weaken to around 35 per greenback by mid-2025, driven by escalating trade tensions.

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GENERAL

Winnowing the truth on rice prices

Business, Phusadee Arunmas, Published on 22/02/2025

» Crop price declines remain a persistent challenge for Thailand, with rice a concern this year given its prominence in the agricultural economy.

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GENERAL

CK Power reports 10.79bn baht revenue in 2024, eyes growth in 2025

Published on 21/02/2025

» CK Power Plc, one of the region’s largest renewable electricity producers, reported total revenue of 10.79 billion baht for 2024. The company’s EBITDA grew 8% year-on-year to 5.55 billion baht, reflecting strong cash flow stability despite climate challenges and rising interest rates. However, net profit attributable to equity holders declined 8% to 1.35 billion baht, mainly due to a lower share of profit from an associate company and higher finance costs linked to CKPower’s investment in the under-construction Luang Prabang Hydroelectric Power Project.