Showing 1 - 10 of 50
Pundits assess disaster's impact on Thai growth
Business, Nareerat Wiriyapong, Published on 03/12/2025
» The final impact of the devastating floods in the South on GDP growth will depend on the speed of recovery and reconstruction, say analysts, as the government could expedite disaster relief cash handouts to affected households in the less prosperous region.
Stock rollercoaster goes from slump to stimulus-driven surge
Nareerat Wiriyapong, Published on 13/10/2025
» After losing 9% year-on-year in the first nine months of 2025, the Stock Exchange of Thailand (SET) index is moving into the final quarter with more bullish sentiment, topping 1,300 points in early October thanks to the new government's economic stimulus and an easing cycle for Thai interest rates.
Asian Development Bank cuts Thai GDP outlook
Business, Nareerat Wiriyapong, Published on 01/10/2025
» The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.
Thai hotels forced to cut room rates
Business, Nareerat Wiriyapong, Published on 03/09/2025
» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.
Thai hotels cut room rates amid falling tourist numbers
Nareerat Wiriyapong, Published on 02/09/2025
» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.
SCB trims growth view amid cloudy outlook
Business, Nareerat Wiriyapong, Published on 19/06/2025
» The Thai economy may grow by only 0.8% this year, with a technical recession highly likely in the second half if the government fails to convince the US to lower its reciprocal tariff on Thai exports, while conflicts intensify in the Middle East.
Outlook seen dim for carriers until Q3
Business, Nareerat Wiriyapong, Published on 13/05/2025
» The outlook for the aviation industry has dimmed as international arrivals are expected to remain muted until the third quarter, with a significant slowdown from China the main culprit, say analysts.
Investor sentiment rises to neutral
Business, Nareerat Wiriyapong, Published on 14/02/2025
» The Investor Confidence Index (ICI), measured by the Federation of Thai Capital Market Organizations (Fetco), improved to the neutral zone last month from bearish sentiment a month earlier, supported by the government stimulus package, while fund outflows were the biggest drag.
Selected shares slip over fears of arrivals dip
Business, Nareerat Wiriyapong, Published on 14/01/2025
» Shares of Airports of Thailand (AOT), hotels and airlines plunged on Monday on concerns that Chinese tourist arrivals might fall short of this year's estimate of 8 million as looming trafficking fears prompted Chinese travellers to cancel their planned visits to Thailand.
Binance backs Thaksin's Bitcoin proposal
Business, Nareerat Wiriyapong, Published on 24/12/2024
» Former premier Thaksin Shinawatra's proposal for a pilot Bitcoin payment project is a positive step to boost Thailand's competitiveness and attractiveness to tech-savvy visitors, but it first needs the Bank of Thailand to thoroughly study the risks of such a move, says the Thai unit of Binance -- the world's leading cryptocurrency platform.