Global Stock Markets Rebound as Interest Rates Approach Peak Levels
Stock Markets Recover as Global Interest Rates Rise Global stock markets are showing signs of recovery as interest rates around the world reach their highest point. This comes as welcome news amid concerns of a global economic slowdown. Key Factors Impacting the Recovery: Real estate in China has been significantly affected, with credit ratings agency […]
Thursday Morning News Highlights: Chao Phraya Crisis Over, Search for Missing in Libya, Hanoi Building Fire, and More
Morning News Recap – TNN Channel 16 Thursday, September 14, 2023 News Live TNN brings you the latest updates on the most significant events from 6:00 am to 8:00 am. Here are the highlights: 0:07:37 – Chao Phraya Overcomes Nine-Year Crisis: After nine long years, the Chao Phraya river has finally emerged from its prolonged […]
IEA Reveals OPEC+ Pressure on World Oil Market and China’s Stance on Foreign Brand Mobile Phones
Economic World Summary Thursday, September 14, 2023 This morning, during the live program “Economic World Summary”, several significant updates were shared regarding the global economy. Break 1: The International Energy Agency (IEA) has disclosed that OPEC+ is exerting pressure on the world oil market. China has confirmed that there are no laws prohibiting the use […]
Rise in Construction Contracting Business Expected with New Government: A Look at Top Performing Stocks
Construction Contracting Business Expected to Thrive Under New Government Analysts predict that the construction contracting business will experience significant growth with the establishment of the new “Seththa Thaweesin” government. As the government begins working on various big projects, opportunities for this industry are expected to soar. This positive outlook is reflected in the recent performance […]
Foreign and Domestic Factors Shaping the Thai Stock Market
Foreign Factors Impacting the Thai Stock Market Date: September 5, 2022 Factory Orders in July The market expects a decrease of -2.5% month-on-month (mm) from the previous growth of 2.3% mm. However, durable goods orders are not expected in July. Service Sector PMI (ISM) On September 6, the service sector Purchasing Managers’ Index (ISM) is […]
Bangchak Corporation’s Acquisition of Esso Thailand Sets Path for 500 Billion Baht Revenue Growth
BCP Speculates 500 Billion Baht After Acquiring Esso The executives of Bangchak Corporation recently held a press conference to discuss their latest business venture. Following the successful acquisition of ordinary shares in Esso (Thailand), Bangchak Corporation is now focused on further expanding their operations. The company is eager to explore investment opportunities in another refinery, […]
Analysis Reveals Income Disparities and Challenges Faced by Thai Farmers Compared to Peers
Analysis Reveals Disparity in Production Costs for Thai Farmers In a recent study analyzing the production costs for Thai farmers, it was found that their income in 2022 stood at 3,900 baht per rai, while the cost amounted to 5,899 baht. Consequently, each farmer suffered a loss of 1,999 baht per rai. Conversely, Indian farmers […]
Cautious Purchasing Power and Political Uncertainty in Thai Housing Market Raises Concerns for Real Estate Sector
The housing market, both for low-rise and condominium projects, is showing signs of a slowdown in purchasing power. There are several factors contributing to the decline in buyer confidence. The economic situation, despite some growth, remains stagnant, and political uncertainties such as the appointment of the new prime minister are creating a negative atmosphere for […]
Thailand’s economy in April 2023 is in the direction of recovery. ‘BOT’ clings to uncertainty to establish ‘new government’
The Bank of Thailand reveals that the Thai economy in April 2023 is still improving, with the ‘consumer service sector’ being the main supporting factor. Keep track of the uncertainty in the organization. ‘New Government’-The World Economy ……………………………….. On 31 May, Mr Sakkapop Panyanukul, senior director of the Macroeconomic Department of the Bank of Thailand […]
advise the state to bear the burden If the minimum wage actually increases | Economic Insight 30 May ’23
Kasikorn Research Center Estimated private labor costs In the income group below 10,000 baht per month will increase by 16 percent, agricultural business, accommodation and food service, construction, other services including private household work will be affected more It would recommend the government to accelerating the development of labor productivity to be continuously beneficial. But […]