Showing 1 - 10 of 38
Thai firms wary of Trump impact
Business, Nareerat Wiriyapong,Wichit Chantanusornsiri & Lamonphet Apisitniran, Published on 08/11/2024
» The business sector is increasingly concerned about Donald Trump's victory in the US election, with analysts expecting the global economy to be affected by increased US protectionism, while interest rates might decline slower than expected.
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.
Focus on domestic plays amid global turmoil
Business, DAOL Securities, Published on 05/10/2024
» The SET index rebounded from its monthly low of 1,352 points in September, reaching a 10-month high of 1,471 by the end of the month. The breakthrough above 1,430, which has been a key resistance level since November 2023, indicates a positive trend.
Hong Kong leads Asian shares higher
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 05/10/2024
» RECAP: Hong Kong stocks led gains among most Asian equities yesterday, but Japanese stocks posted a weekly decline as new Prime Minister Shigeru Ishiba's seemingly shifting stance on interest rates unsettled investors.
Asian rally continues in response to China stimulus
Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 28/09/2024
» RECAP: Stocks in Asia extended gains yesterday as risk appetite across financial markets got a further boost from a series of stimulus measures in China, where stock markets had their best week since 2008. A sharp fall in oil prices also bodes well for disinflation globally.
Asian shares decline as US rate-cut hopes dim
Business, Nuntawun Polkaumdee and Nareerat Wiriyapong, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Long-haul tourist market unfazed by Mideast war
Business, Molpasorn Shoowong, Published on 18/05/2024
» War in the Middle East has not disrupted the flow of long-haul travellers, according to the Tourism Authority of Thailand (TAT).
Asian shares on course for third week of gains
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Calculating the cost of war
Business, Nareerat Wiriyapong, Yuthana Praiwan and Somruedi Banchongduang, Published on 29/04/2024
» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.
Operators unfazed by Mideast situation
Business, Molpasorn Shoowong, Published on 19/04/2024
» Tourism operators view the Israel-Iran conflict and Dubai floods as having a short-term impact on long-haul arrivals, while outbound tourists remain hesitant about visiting the region amid the ongoing conflict.