The Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies. The index rose by 1.5% to 132.55 from December’s 130.63, according to the monthly survey by […]
Read MoreInvestor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday. A survey in January by the Thai Capital Market Organizations (FETCO) showed its investor confidence index […]
Read MoreThailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday. Exports, a key driver of growth, could perform better than expected on vaccine developments and if the government provides more support, Ghanyapad Tantipipatpong, […]
Read MoreThailand’s household debt, already among the highest in emerging Asia, is expected to rise further as a fresh Covid outbreak curbs incomes, weighing on consumer spending and heightening financial-stability risks. Household debt stood at 13.8 trillion baht, or 87% of gross domestic product, at the end of September 2020, up from 79% a year earlier, according […]
Read MoreGlobal bond markets may plunge into a financial crisis if private bad debt and public debt mount, while global stock markets could fall sharply if the Federal Reserve (Fed) pulls back on its quantitative easing (QE) after the central bank signalled a tapering in its latest statement. Investing in Thai real estate investment trust (REITs) […]
Read MoreThe Federation of Thai Industries (FTI) believes Thailand still has a chance to see 2.5-2.6% economic growth this year if the ongoing outbreak ends within March. The country may see lower figures if the government, which began relaxing measures against the the outbreak on Monday, fails to contain the spread, which is causing several hundreds […]
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