Showing 91 - 100 of 248
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
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.
Songkran expected to provide revenue kick-start in Q2
Business, Molpasorn Shoowong, Published on 11/04/2024
» Although the second quarter is considered the low season, Thai tourism is forecast to earn 614 billion baht in revenue as domestic trips exceed the first-quarter tally thanks to Songkran events this month, according to the Tourism Authority of Thailand (TAT).
Traders upgrade outlook for gold prices
Business, Nareerat Wiriyapong, Published on 05/04/2024
» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.
Carabao aims to be No.1 energy drink
Business, Kuakul Mornkum, Published on 25/03/2024
» Carabao Group (CBG), the SET-listed manufacturer of Carabao Dang beverages, aims to be the leader in the energy drink sector this year amid sluggish economic growth and a high level of household debt.
Subdued earnings performance puts pressure on SET
Business, DAOL Securities, Published on 09/03/2024
» The SET index established a trading range between 1,357 and 1,405 points in February. The bourse hit a low of 1,357 at the start before bouncing back, but traded mostly sideways for the remainder of the month. Key factors expected to influence market direction in March include:
Thai Chamber of Commerce calls for rate cut at next meeting
Business, Phusadee Arunmas, Published on 09/02/2024
» The Thai Chamber of Commerce (TCC) hopes the Bank of Thailand will reduce interest rates at its next meeting, noting that the economy is recovering but remains fragile.
Red Sea disruptions and the geopolitical premium
Business, Published on 07/02/2024
» Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including oil and gas, chemicals and fertilisers, unless there are wider shipping -- or production -- disruptions in the region, according to Fitch Ratings.
Handout scheme likely to hamper SET
Business, Nuntawun Polkuamdee, Published on 30/01/2024
» The Stock Exchange of Thailand (SET) index might fall below 1,300 points this year if the government proceeds with its digital wallet handout as the country's credit rating could be downgraded and corporate borrowing costs would rise, warns One Asset Management (ONEAM).
Car production to see 3.17% increase
Business, Lamonphet Apisitniran, Published on 30/01/2024
» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).