Bualuang Reduces Year-End SET Target to 1,396
Bualuang Securities (BLS) has revised its year-end projection for the Stock Exchange of Thailand (SET) index down to 1,396 points, from a previous estimate of 1,466 points, citing expected volatility…
Baht Declines Amidst China’s Economic Struggles
The baht led a drop among Asian currencies against the dollar on Monday, influenced by a struggling Chinese economy. Analysts suggest that the baht may continue to depreciate in the…
Stock Exchange of Thailand Seeks to Restore Investor Confidence
The Stock Exchange of Thailand (SET) is working to rebuild investor confidence by focusing on enhancing credibility, market capability, and sustainability, as discussed during a recent forum with over 100…
Power Stocks Gain from Strengthening Baht
Power generation companies listed on the Stock Exchange of Thailand (SET) are reaping the benefits of a strong baht, according to Yuanta Securities Thailand, which notes that retail, communications, and…
Economic Data Shows Improvement in July
Economic data for July showed improvement compared to the previous month, primarily driven by exports and tourism, according to the Bank of Thailand. On Friday, the central bank reported on…
Thai Nominees Set to Undergo Examination
The Commerce Ministry is advancing its efforts to conduct thorough inspections of businesses suspected of employing Thai nominees to hide foreign ownership, particularly in the tourism, real estate, and logistics…
Nippon Steel Subsidiaries Pursuing Support from the Board of Investment
Thai steel manufacturers G Steel and GJ Steel are seeking investment incentives from the Board of Investment (BoI) to support a 4.5 billion baht initiative aimed at addressing significant challenges…
Governor of the Bank of Thailand and Finance Minister Set to Address Inflation Issues
Thailand’s central bank governor and finance minister are set to meet in early September to initiate discussions on an inflation target for 2025, according to a senior official. The government’s…
Optimism Surrounds Ministry’s Plan to Enhance Oil Trade Regulations
SET-listed PTT Oil and Retail Business (OR) is optimistic about the Energy Ministry’s initiative to improve the regulation of oil trade and pricing in response to fluctuations in crude oil…
Thailand’s Leading Industrial Park Developer Anticipates Increased Land Sales
WHA Corporation, Thailand’s largest developer of industrial estates, anticipates a surge in land sales in the latter half of the year, driven by increased demand from foreign manufacturers and companies.…