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BUSINESS

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.

BUSINESS

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.

BUSINESS

Analysts predict Thai bourse to perform poorly

Business, Nareerat Wiriyapong, Published on 09/05/2025

» Slow progress in US-China and Thailand-US trade talks as well as a sluggish domestic economy are likely to stall the Stock Exchange of Thailand (SET) this month, despite an expected lift from the introduction of Thai ESG Extra (ESGX) funds, say analysts.

BUSINESS

Central bank expected to cut rates twice more this year

Business, Nareerat Wiriyapong, Published on 08/05/2025

» Low inflation provides ample room for the Bank of Thailand to slash interest rates at least two more times this year to deal with the impacts of the trade war, with the next rate cut expected in the third quarter, according to analysts.

BUSINESS

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).

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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).