Showing 1 - 10 of 18
SET to curb short selling, high-speed trades amid slide
Bloomberg News, Published on 19/02/2025
» The Stock Exchange of Thailand will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst-performing equity market.
Thai feed mills eye $2.8 billion in imports from US
Bloomberg News, Published on 19/02/2025
» Thailand’s animal feed industry is pitching to buy about $2.8 billion worth of agricultural commodities annually from the United States instead of other suppliers, as the country seeks to narrow its $35-billion trade surplus and head off possible tariffs on its exports.
Beijing’s schmoozing of China’s private sector a ‘strategic move’
South China Morning Post, Published on 19/02/2025
» Beijing is repositioning the private sector as the cornerstone of China's global competitiveness and technological edge in the face of growing geopolitical and economic headwinds, according to analysts' assessments following President Xi Jinping's meeting with prominent entrepreneurs.
Thai industries seek help with trade risk
Reuters, Published on 19/02/2025
» Thai industrialists say they want more government support to counter global trade risks, even as data on Wednesday showed industrial sentiment at a 10-month high, while Prime Minister Paetongtarn Shinawatra repeated calls for the central bank to cut interest rates.
Local bank loans shrink the most in 15 years
Business, Somruedi Banchongduang, Published on 19/02/2025
» The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers' weaker debt repayment ability, according to an executive at the Bank of Thailand.
BoT rate cut likely as growth is insufficient
Business, Nareerat Wiriyapong, Published on 19/02/2025
» A disappointing GDP rate in the fourth quarter of 2024 raises the probability that the Bank of Thailand will cut the policy rate in the first half this year, say economists, while being a potential target of US reciprocal tariffs puts the country's growth this year at risk.
MFC Asset promotes initial Ethereum ETF
Business, Nuntawun Polkuamdee, Published on 19/02/2025
» MFC Asset Management is launching Thailand's first Ethereum exchange-traded fund (ETF) to invest in the world's second-largest cryptocurrency amid the boom in the asset class, rallied in part by US President Donald Trump's pro-crypto policies.
Premier calls for capacity upgrade
Business, Wichit Chantanusornsiri, Published on 19/02/2025
» Prime Minister Paetongtarn Shinawatra has directed three economic ministries to develop strategies to revitalise the country's capacity utilisation, which has slumped despite an increase in industrial investment and exports.
Commerce Ministry eager to improve rice prices
Business, Phusadee Arunmas, Published on 19/02/2025
» The Commerce Ministry is implementing seven measures to lift rice prices, such as paddy market fairs, export expansion and preparation for a subcommittee meeting on Thursday.
Ikea to open first store in Chiang Mai next week
Business, Kuakul Mornkum, Published on 19/02/2025
» Ikea, a Swedish home furnishing brand, is set to launch a new store in Chiang Mai on Feb 27, marking its fifth location in the country.