Showing 1 - 10 of 33
Digital wallet details fail to rally SET
Business, Nareerat Wiriyapong, Published on 25/07/2024
» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.
Political risk weighs on economy
Business, Wichit Chantanusornsiri, Lamonphet Apisitniran and Yuthana Praiwan, Published on 24/06/2024
» Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Industry leaders support Pita ruling
Business, Post Reporters, Published on 25/01/2024
» The business sector does not expect to be affected by politics or the Constitutional Court rulings on two political cases this month, saying the government focus needs to be on the economy.
Asian shares rally on upbeat data from China
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 16/09/2023
» RECAP: Asian stocks rose strongly on Friday, extending a global equity rally, after better-than-expected Chinese economic data added to the optimism that tightening campaigns by major central banks were almost over.
Economy in limbo amid logjam
Business, Molpasorn Shoowong, Nareerat Wiriyapong, Nuntawun Polkuamdee, Lamonphet Apisitniran and Phusadee Arunmas, Published on 31/07/2023
» The private sector is concerned that the extended delay in the formation of the new government could lead to a greater degree of political and public policy uncertainty and adversely impact the economy.
Stocks facing pressure if government in limbo
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» The Stock Exchange of Thailand (SET) index could dip to around 1,470 points if a new government cannot be formed until May 2024 when the Senate's term ends, dealing a blow to fiscal budget disbursement over the next three years.
Stocks fall amid political chaos
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/07/2023
» The Stock Exchange of Thailand (SET) index retreated on Thursday, following several days of increases, but analysts said the outlook has improved with stocks related to the Bhumjaithai Party expecting to gain in the next few days on the likelihood that the party would join a new government formation led by the Pheu Thai Party.
Businesses fret over court move
Business, Lamonphet Apistiniran, Nareerat Wiriyapong & Nuntawun Polkuamdee, Published on 20/07/2023
» Following the Constitutional Court's order on Wednesday to suspend Move Forward Party (MFP) leader Pita Limjaroenrat from his duties as an elected member of the House of Representatives, concerns are mounting among the business sector about a potential surge in widespread street protests.
Waiting for the dominoes to fall
Business, Post Reporters, Published on 17/07/2023
» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.