The dollar and crypto surge as market sentiment shifts towards a potential Trump win.
The dollar saw a broad increase on Monday, accompanied by a surge in cryptocurrencies, as market sentiment leaned towards a potential victory for Donald Trump in the upcoming US elections…
The SET Clawing back up from a four-year low.
In June, the Stock Exchange of Thailand (SET) experienced a period of sluggishness due to political turmoil, leading the index to fall to its lowest level in nearly four years…
Analyst predicts minimal effect from digital wallet
Government’s main digital wallet strategy could bolster the economy by just 0.4 percentage points, largely in 2025, following a 50 billion baht reduction in the project’s budget to 450 billion…
Significant Challenges Put Pressure on Baht Appreciation
Economists are pointing to a combination of factors that are applying pressure on the baht’s appreciation in the long run. The Thai economy’s diminished potential growth, a reduced current account…
Electricity prices set to increase later this year.
Later this year, businesses and households in Thailand may face higher electricity bills as the Energy Regulatory Commission (ERC) plans to raise the power tariff from 4.18 baht per kilowatt-hour…
Rice prices in Asia drop in Vietnam and Thailand as attention shifts to India.
Rice export prices from Vietnam and Thailand saw declines this week, reaching their lowest levels in a while, as market attention turned to India, the leading rice exporter potentially easing…
CIMBT observes a sequence of policy rate reductions
CIMB Thai Bank (CIMBT) predicts that the Bank of Thailand may significantly decrease its policy rate by one percentage point from December 2024 to the following year, aligning with an…
Increase in Foreign Investments
The Stock Exchange of Thailand (SET) is observing an increase in foreign fund inflows into the Thai stock market in the latter part of 2024. This rise is supported by…
Developer from Hong Kong looking to explore opportunities
Hong Kong-based property developer, New World Development (NWD) Co, has expressed interest in exploring investments in various sectors within Thailand, including digital finance, biotechnology, and the Land Bridge megaproject worth…
Baht expected to strengthen to 36.1 against the US dollar.
The Thai baht is anticipated to strengthen further to reach 36.1 against the US dollar in the short term, following recent gains that led to a one-month high on Monday.…