Friday, June 18, 2021
Published : June 18, 2021
Published: June 18, 2021
In a bid to build consumer confidence, the Department of Fisheries has instructed its officials to check all imported fish and seafood products, check final processing steps and block illegal imports.
The Stock Exchange of Thailand (SET) Index rose by 3.11 points, or 0.19 per cent, to 1,620.76 on Friday morning. The volume of total transactions was THB4.74 billion with an index high of 1,622.43 and a low of 1,619.65.
The baht opened at 31.42 to the US dollar on Friday, weakening from 31.40 at close on Thursday. The Thai currency is likely to move between 31.35 and 31.50 during the day, Krungthai Bank market strategist Poon Panichpibool said.
The price of gold in Thailand slumped by THB350 per baht weight in morning trade on Friday due to the strengthening dollar after the US Federal Reserve announced it had begun discussions on asset tapering and expected two interest rate hikes by the end of 2023.
The Federal Reserves new outlook for interest rates ricocheted through Asian markets as the dollar and Treasury yields surged, easing pressure on some of the regions biggest central banks and complicating the outlook for others.
Marathon Oil used to represent everything that was wrong with U.S. shale: enormous debtloads, lavish executive pay and a seeming willingness to spend whatever it took to boost output. The company hemorrhaged money, and the stock plunged 84% from a peak in 2014 through the end of last year.
U.S. regulators proposed a ban on products from Huawei Technologies Co. and four other Chinese electronics companies, including surveillance cameras widely used by schools but linked to oppression in western China, stepping up pressure on tech suppliers alleged to be security risks.
Published: June 17, 2021
The reflation trade that has ruled markets for most of 2021 was in retreat Thursday, replaced by a stodgier group of winners that included giant cash-spewing technology companies and longer-dated bonds. The reordering, including a fifth day of losses in commodities, came after Federal Reserve officials signaled theyre preparing to slow stimulus.
Forging a free-trade agreement with Hong Kong would bring significant benefits for the Thai service sector, Thai trade negotiators said on Thursday.
The number of electric vehicles (EV) in Thailand will surpass 1 million by the year 2028, according to Krungthai Banks research arm.
The Stock Exchange of Thailand (SET) Index closed at 1,617.65 on Thursday, down 7.14 points or 0.44 per cent. Transactions totalled THB88 billion with an index high of 1,631.69 and a low of 1,615.62.
Latest fundraising initiative is part of UOB Group’s #UnitedForYou COVID-19 Relief Programme
The Industry Ministry is calling on all factory operators nationwide to fill up Covid-19 risk assessment forms via the Thai Stop Covid Plus and Thai Save Thai online platforms by June 30.
The Stock Exchange of Thailand (SET) Index fell by 3.88 points or 0.24 per cent to 1,620.91 on Thursday morning. The volume of transactions was THB6.77 billion with an index high of 1,623.06 and a low of 1,619.34.
The price of gold slumped by THB350 per baht weight in morning trade on Thursday due to mass sell-offs of the precious metal after the US Federal Reserve began discussions on asset tapering and announced that two interest rate hikes are expected by the end of 2023.
Federal Reserve officials held interest rates near zero but signaled they expect two increases by the end of 2023, pulling forward the date of liftoff as the economy recovers.
Google will open its first retail store in New York City, highlighting the internet giants effort to promote its consumer hardware devices.
Bond yields jumped and stocks fell for a second day after Federal Reserve officials signaled theyll begin dialing back the stimulus that has fueled the recovery from the pandemic.
Published: June 16, 2021
The price of rice continues to tumble in Thailand, as domestic consumption drops due to Covid-19 restrictions and the ban on foreign travellers, the Thai Rice Mill Association said on Wednesday.
The Stock Exchange of Thailand (SET) Index closed at 1,624.79 on Wednesday, up 2.48 points or 0.15 per cent. Transactions totalled THB90.47 billion with an index high of 1,631.23 and a low of 1,619.23.
In a bid to ease the burden on people, Prime Minister Prayut Chan-o-cha urged the Cabinet on Tuesday to come up with measures to ease debt problems both in the short and long term.
“GAIA Corporation” confirms no involvement in the news reporting that police raided the factory producing substandard medical gloves in Chonburi Province on 7 June 2021 and 8 June 2021 while clarifying details and preparing for legal actions after consumer confidence in its products has been affected.
The Stock Exchange of Thailand (SET) Index rose by 0.83 points or 0.05 per cent to 1,623.14 on Wednesday morning. The volume of transactions was THB3.41 billion with an index high of 1,623.46 and a low of 1,621.68.
The baht opened at 31.16 to the US dollar on Wednesday, weakening slightly from 31.15 at close on Tuesday.
