Showing 71 - 80 of 129
Investor confidence bullish despite risks
Business, Nuntawun Polkuamdee, Published on 11/01/2023
» The investor confidence index (ICI) remained in the bullish zone last month, thanks to expected gains from China's reopening and a substantial growth in profit for Thai listed companies, says the Federation of Thai Capital Market Organizations (Fetco).
Foreign investors deterred by financial transaction tax
Business, Published on 23/12/2022
» Enforcement of the financial transaction tax could give foreign investors a reason to exit the Thai stock exchange and focus on other bourses, according to investment analysts.
TAT sees Chinese tourists returning soon
Business, Nuntawun Polkuamdee, Published on 15/12/2022
» Outbound tourism from China is expected to restart during the Chinese New Year in late January 2023 as Beijing gradually lifts Covid-19 restrictions, aiding tourism-related stocks and the overall travel sector in Thailand, say industry operators.
Army, KTB unite to battle soldiers' debts
News, Wassana Nanuam, Published on 22/12/2022
» The army has joined forces with Krungthai Bank Plc (KTB) to help resolve the debts of more than 7,000 soldiers who find themselves in dire financial straits.
Investor optimism returns amid tourism recovery
Business, Nuntawun Polkuamdee, Published on 10/12/2022
» The Investor Confidence Index (ICI) returned to the bullish zone last month amid optimism over the recovery of tourism and the domestic economy, but uncertainties related to US interest rate policy and global Covid-19 infections are still weighing on the outlook.
Cabinet approves transaction tax on securities trades
Reuters, Published on 29/11/2022
» The cabinet on Tuesday approved a financial transaction tax on securities trades on the Stock Exchange of Thailand (SET), ending a three-decade waiver, Deputy Finance Minister Santi Promphat said on Tuesday.
Confidence turns bearish
Business, Nuntawun Polkuamdee, Published on 07/10/2022
» Investor confidence has turned bearish for equities in the Stock Exchange of Thailand (SET) because of increasing concern over tightening monetary policy by the US, rising capital outflows and intensifying geopolitical conflicts, according to a recent survey.
Asia spent $50bn defending currencies from strong dollar
Bloomberg News, Published on 14/10/2022
» Asian governments spent about US$50 billion in foreign-exchange reserves last month -- the highest level since March 2020 -- to defend their currencies from a relentless advance in the dollar.
Investors fret over Fed move, geopolitical risks
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» Rising geopolitical tensions and the hawkish stance of the US Federal Reserve (Fed) remain major concerns for investors over the next three months, said the Federation of Thai Capital Market Organizations (Fetco).
Analysts expect huge Fed rate hike in July
Business, Nuntawun Polkuamdee, Published on 15/07/2022
» Market analysts expect the US Federal Reserve to hike rates by 75 to 100 basis points at its July meeting to curb US inflation, which rose to 9.1% in June.