Thai Stocks Achieve Their Strongest Weekly Performance Since Early 2021
There is a growing belief that one of the world’s poorest-performing stock markets is on the verge of a recovery, as diminishing political uncertainty in Thailand and new economic proposals…
Temu Disrupts Thailand Post’s Logistics for E-Commerce
The arrival of Chinese e-commerce giant Temu is significantly impacting Thailand Post’s logistics services for other e-commerce platforms, leading to a reported daily volume decline of 20-50% since July, according…
Bank of Thailand Keeps Interest Rate Steady
On Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) decided to maintain the policy rate at 2.5%, aligning with the ongoing recovery of the local economy. The MPC voted…
Baht Set to Approach 34 Against the U.S. Dollar
The baht is trending toward appreciation against the dollar, potentially reaching 34 or even a stronger position in the near term, following a 13-month high achieved yesterday. This upward movement…
Bank of Thailand Maintains Key Interest Rate at 2.50%
The Bank of Thailand (BoT) maintained its key interest rate at 2.50% during Wednesday’s meeting, marking the fifth consecutive time the rate has remained unchanged. This decision was anticipated given…
Analysts Anticipate Stable Policy Rates
The Bank of Thailand is anticipated to maintain its policy rate at a decade-high of 2.5% during its meeting on Wednesday. However, analysts indicate a growing chance of a rate…
Pressure for Rate Cuts Mounts on Bank of Thailand from New Prime Minister
Thailand’s central bank is expected to maintain its policy rate at a decade-high level this week, as the economy picks up momentum. However, uncertainties surrounding a 145 billion baht cash…
BGRIM Reports 2.3% Profit Growth in the First Half of the Year
B.Grimm Power Plc (BGRIM) reported robust normalized net profit for the first half of this year and outlined plans to enhance investment partnerships and grow its renewable energy portfolio. President…
TikTok Shop Achieves 500% Growth in Gross Merchandise Value (GMV)
Despite the sluggish economic climate, TikTok Shop has reported over 500% growth in gross merchandise value (GMV) within its live commerce sector over the past eight months, according to the…
Political Unrest Poses Risks to Baht Recovery as Traders Anticipate BoT Actions
The recent rally of the Thai baht is at risk as markets respond to the country’s ongoing political turmoil ahead of this week’s central bank policy meeting. Since July, the…