Category: Business

Fed’s Interest Rate Decisions Expected to Influence Gold Prices

Bangkok: Investors are closely monitoring the US Federal Reserve as its upcoming decisions are anticipated to impact gold prices significantly. The Fed’s potential interest rate cuts could drive gold prices higher, prompting investors to adopt a short-term strategy of buying during corrections and selling upon price rebounds for profit. According

Thailand Surpasses Expectations as World’s Second-Largest Cat and Dog Food Exporter

Bangkok: Thailand has solidified its position in the global pet food market, becoming the world’s second-largest exporter of cat and dog food in 2024, with exports valued at an impressive US$2.677 billion. This achievement marks a significant milestone for the country, which is known for its high-quality and well-standardized pet

Thai Stocks Experience Slight Uptick in Morning Trading Session

Bangkok: Thai stocks closed the morning session up 1.97 points. The Stock Exchange of Thailand (SET) closed this morning at 1,310.16 points, an increase of 1.97 points (+0.15%), with a trading value of approximately 26,526.13 million baht. According to Thai News Agency, the index fluctuated sideways in the morning trading

Industrial Confidence Index for August Continues to Decline

Bangkok: The Industrial Confidence Index for August 2015 has continued its downward trajectory, recording a slight dip from 86.6 to 86.4. This persistent decline reflects ongoing uncertainty and challenges within the industrial sector, as stakeholders express concerns regarding economic policies and external trade barriers. According to Thai News Agency, Mr.

Chulalongkorn University Partners with EGAT for Hydrogen Production Research

Bangkok: Chulalongkorn University has announced a collaboration with the Electricity Generating Authority of Thailand (EGAT) to advance research on hydrogen production from renewable energy sources. The partnership is set to explore the integration of Environmental, Social, and Governance (ESG) principles into the development of sustainable hydrogen and hydrogen derivatives. According

Paiboon Nalinthrangkura Calls for Support from Anutin Government to Boost Thai Stock Market

Bangkok: Paiboon Nalinthrangkura, President of the Investment Analysts Association and CEO of TISCO Securities, has urged the new Anutin government to implement measures to encourage investment in the Thai stock market. He believes that the government has the opportunity to introduce both short-term and long-term policies that will provide structural

SME D Bank’s Credit Rating Affirmed as Highest in Thailand

Bangkok: Fitch Ratings has affirmed SME D Bank’s long-term credit rating for 2025 at “AAA(tha)” and its short-term rating at “F1+(tha),” the highest in the country. This affirmation will help Thai SMEs access “Pattanakarn Capital Partners” services. According to Thai News Agency, Mr. Pichit Mitrawong, Managing Director of the Small

Government Pension Fund Allocates 25 Billion Baht for 2025 Retirees

Bangkok: The Government Pension Fund (GPF) is setting aside 25 billion baht to pay 18,000 civil servants who are set to retire in 2025, with payouts reaching up to 7.59 million baht per retiree. The GPF encourages members to continue saving with the fund to maximize their returns. According to