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Search Result for “appreciation”

Showing 1 - 10 of 453

BUSINESS

Crypto-backed loans allowed on novel Thai platform

Business, Nuntawun Polkuamdee, Published on 30/01/2026

» Liberix, a Thailand-based financial services platform, has launched the country's first platform allowing users to borrow baht using Bitcoin and other digital assets as collateral, expanding the use of cryptocurrencies beyond trading and speculation.

BUSINESS

Baht set to keep rising in Q1 alongside surge in bullion

Business, Somruedi Banchongduang, Published on 27/01/2026

» Standard Chartered Bank (Thai) expects the baht to continue to appreciate against the US dollar in the first quarter of this year, in line with rising global gold prices.

BUSINESS

Gold price tops $5,100 amid global chaos

Business, Nareerat Wiriyapong, Published on 27/01/2026

» Gold traders warn of a possible price correction after bullion surpassed US$5,100 an ounce for the first time on Monday amid rising geopolitical uncertainty and a weakening dollar, pressuring the baht to appreciate beyond 31 baht to the greenback.

BUSINESS

Delay urged for online gold trade tax

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The Election Commission (EC) and the Council of State have indicated that a decision on imposing a specific business tax on gold trading via online platforms must await the formation of a new government.

BUSINESS

XSpring AM lines up launch of crypto investment funds

Business, Nuntawun Polkuamdee, Published on 27/01/2026

» XSpring Asset Management (XSpring AM) is preparing to launch new investment funds with exposure to Bitcoin and commodities, targeting double-digit returns amid heightened geopolitical tensions and global macroeconomic uncertainties.

BUSINESS

Thailand stalls as Vietnam surges

Business, Wichit Chantanusornsiri, Lamonphet Apisitniran, Somhatai Mosika and Molpasorn Shoowong, Published on 26/01/2026

» As the election campaign intensifies, the theme of restructuring has been a common refrain across the political spectrum, promoted as a tool to revive an economy that has struggled to gain momentum in recent decades.

BUSINESS

State agencies urged to take action on exchange rate

Business, Somhatai Mosika, Lamonphet Apisitniran and Somruedi Banchongduang, Published on 22/01/2026

» Relevant government agencies, including the Bank of Thailand, are being advised to take quick action to ensure the baht remains at an appropriate level.

BUSINESS

Gold prices continue magic ride

Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 22/01/2026

» The baht is likely to appreciate further after it broke 31 to the US dollar to touch its highest level in nearly five years on Wednesday, as gold prices edged towards a once-unthinkable target of US$5,000 per ounce, say currency and gold traders.

BUSINESS

Rice stockpiling under scrutiny

Business, Wichit Chantanusornsiri and Somhatai Mosika, Published on 20/01/2026

» Rice experts say the stockpile requirement is reasonable for exports, boosts the quality of rice, and ensures the country's food security.

BUSINESS

Waiting game takes a toll

Business, Wichit Chantanusornsiri, Somhatai Mosika and Nuntawun Polkuamdee, Published on 19/01/2026

» As the US Supreme Court holds off on a ruling on the Trump tariffs, the world waits and analysts anticipate trade with the US will continue despite some importers being skittish about placing large orders.