Showing 1 - 10 of 1,014
US tariffs set to dent foreign investment
Nareerat Wiriyapong, Published on 29/04/2025
» Foreign direct investment (FDI), especially investment coming from China, is expected to be hard hit by America's reciprocal tariff policy, says a unit of China Galaxy Securities (CGS), a state-owned brokerage, which noted that the steep US tariff would dent Thai GDP by about 1% this year.
Thailand faces hit from US-China trade war
Business, Nareerat Wiriyapong, Published on 22/04/2025
» Economists are voicing concerns over escalating tension between the US and China, saying Thailand cannot avoid the indirect repercussions of global trade uncertainty that could strain the country's export and supply chain.
Tariff unease hits all asset classes
Nareerat Wiriyapong, Published on 21/04/2025
» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.
Baht likely to surpass 33 to dollar in Q2
Business, Nareerat Wiriyapong, Published on 18/04/2025
» The baht could appreciate past the key psychological level of 33 to the US dollar in the second quarter after the currency strengthened to a six-month high on Thursday, amid the intensifying US-China trade war, says Kasikorn Research Center (K-Research).
SCB economists cut Thai growth outlook
Business, Nareerat Wiriyapong, Published on 10/04/2025
» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.
Thailand may buy more US goods in talks
Business, Nareerat Wiriyapong, Published on 09/04/2025
» Thailand could potentially import an additional US$32.9 billion worth of American goods to ease the adverse impacts of US President Donald Trump's tariffs by buying more aircraft, energy and grains from the US, says Kuala Lumpur-based Maybank.
Analysts estimate widespread tariff damage
Business, Nareerat Wiriyapong, Published on 04/04/2025
» Stock market analysts anticipate the US reciprocal tariff, which was higher than market estimates, could reduce Thai GDP by up to 1.2 percentage points, though a severe impact may prompt the Bank of Thailand cut interest rates to revitalise the economy.
Allianz says risk profile not dented by quake
Nareerat Wiriyapong, Published on 02/04/2025
» Thailand’s risk profile for natural disasters has not changed following the March 28 earthquake, but the tremor raised awareness among consumers and companies about adequate protection to keep insurance premiums affordable, says the Thai unit of German insurer Allianz.
US tariffs expected to dent Thai GDP
Business, Nareerat Wiriyapong, Published on 02/04/2025
» The reciprocal tariffs expected to be announced by US President Donald Trump Wednesday could shrink Thai GDP by as much as 1.2 percentage points from a forecast of 2.5%, with the Bank of Thailand's one projected interest rate cut doing very little to shore up the economy, says InnovestX Securities.
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.