Showing 1 - 10 of 68
Securities and Exchange Commission moves to protect Thai assets on Upbit Exchange
Nareerat Wiriyapong, Published on 29/11/2025
» The Securities and Exchange Commission (SEC) has taken steps to ensure cryptocurrency deposited with Upbit Exchange (Thailand) is safe after its South Korean parent became the latest exchange to suffer an attack, resulting in the loss of roughly 54 billion won (US$36.8 million).
Conditions align for gold price spike
Business, Nareerat Wiriyapong, Published on 04/09/2025
» Domestic gold prices are on course to surpass the previous record high of 54,800 baht per baht-weight set on April 22, as global prices could hit US$3,600 per tonne later this year after bullion set a new record high on uncertainties surrounding Trump tariffs and US interest rate cuts.
Analysts: War threatens Thai economy
Business, Nareerat Wiriyapong, Published on 30/06/2025
» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.
Airports of Thailand shares continue to fall
Nareerat Wiriyapong, Published on 16/06/2025
» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.
Chinese EV maker Neta woes pose threat to Thai car dealers
Nareerat Wiriyapong, Published on 09/06/2025
» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).
Stimulus measures set to revive stocks
Business, Nareerat Wiriyapong, Published on 27/05/2025
» Business executives have expressed optimism that the underperforming Thai stock market could see a significant improvement in the second half of 2025, based on their hopes that the government's stimulus measures have been effectively implemented to address the country's economic weakness.
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.
Fed signal could continue dollar's slide
Business, Nareerat Wiriyapong, Published on 07/05/2025
» The baht, which has appreciated to a seven-month high past 33 to the dollar, could strengthen further if the Federal Reserve sends a clear signal at its meeting this week that it is prepared to cut the US rate at its next meeting in June, says Kasikorn Research Center (K-Research).
KEX Express shares jump 20% on delisting news
Nareerat Wiriyapong, Published on 02/05/2025
» Shares of KEX Express (Thailand), formerly known as Kerry Express, jumped nearly 20% on Friday after it announced plans to delist from the Stock Exchange of Thailand on completion of a tender offer by major shareholder SF International Holding (Thailand), or SFTH.
ITD, property lead drop in Thai stock market
Business, Nareerat Wiriyapong, Published on 01/04/2025
» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.