Search Results for: Thai bond market

  • Business News

    Thai bond market to remain strong with 1 trillion baht new issuances

    The Thai bond market is projected to remain strong this year, with estimated new issuances totalling 1 trillion baht (US$27.9 billion), says financial advisory firm SCB Wealth. The sustained high interest rates are expected to contribute to favourable returns. Sornchai Suneta, Executive Vice President of SCB Wealth’s Investment Office and Product Function, anticipates that the bond market will continue to…

  • Business News

    Thai bond market set for 890 billion baht redemption this year

    This year, bonds worth an estimated 890 billion baht (US$25,406,794,400), primarily investment-grade, are slated for redemption, according to the Thai Bond Market Association (ThaiBMA). Around 73 billion baht (US$ 2,083,928,080) of these are set to mature within this month. The association’s president, Somjin Sornpaisarn, anticipates Thai private enterprises to float long-term bonds of approximately 1 trillion baht (US$ 28,546,960,000) throughout…

  • Business News

    SEC enhances high-yield bond oversight amid Thai market instabilities

    The Securities and Exchange Commission (SEC) is enhancing oversight measures for high-yield bonds to fortify payment protections and investor assurance, according to remarks made by SEC Secretary-General Pornanong Budsaratragoon. This move comes in response to recent market instabilities caused by numerous defaults and a significant accounting scandal in the speculative debt sector. As part of this heightened vigilance, the SEC…

  • Business News

    France loses top spot as Europe’s largest equity market to UK

    France’s political turbulence has resulted in the nation losing its position as Europe’s largest equity market, a title it claimed from the UK less than two years ago. President Emmanuel Macron’s unexpected announcement of a snap election triggered a significant sell-off, erasing about US$258 billion from the market capitalisation of French companies. Major banks such as Societe Generale SA, BNP…

  • Travel

    Solo-traveling tips for socialising and safety in Thailand

    Are you travelling solo in Thailand? As exciting as it is to solo travel, sometimes you may want some company. Well, if you are looking to make some new friends, Thailand is a great place for you to do so! Thailand is renowned for its welcoming citizens and global travellers and it offers an excessive number of opportunities for social…

  • Lifestyle

    Guide of family adventures in Thailand

    Thailand, a nation of profound culture and inexhaustible entertainment, is a centre for attractions suitable for family engagement. Regardless of one’s residence status, be it local or international, this dynamic country provides an array of opportunities to cultivate enduring memories with one’s family. Imagine an extraordinary 3D art gallery in Bangkok, interactive photographs, and alternatively, envision yourselves in Pattaya, appreciating…

  • Business News

    Bonding issues: Political turmoil shakes Thai investor confidence

    Thailand’s escalating political risks are making foreign investors hesitant about the nation’s bond market, despite a cautious return in May after a six-month break. In May, global funds bought US$511 million worth of Thai bonds, a notable difference compared to larger acquisitions in Indonesia, India, and South Korea. Comparative indicators of foreign investment show Thailand lagging behind its regional counterparts.…

  • Lifestyle

    Activities to do with your partner in Thailand

    Are you contemplating a Thai expedition with your significant other? Ranging from the pulsating boulevards of Bangkok to the tranquil shores of Phuket, Thailand provides a variety of indelible experiences. Regardless of whether you are adventurers, gastronomes, or devotees of culture, this Southeast Asia jewel houses something to captivate every pair. Envision yourself avidly applauding during a Muay Thai bout,…

  • Thailand video news

    Thailand Video News | Thai woman blames police drug search for miscarriage, Former DSI chief faces 44 million baht asset seizure

    In this Thailand video news, Alex and Jay cover the recent news across the nation. Beginning with Thailand’s National Anti-Corruption Commission seized 44 million baht from former DSI Director-General Tharit Pengdit for accumulating unusual wealth. A Thai woman, Orranee, is suing the police after a vaginal drug search allegedly caused her miscarriage. Pichit Kleepjinda’s mysterious death raises suspicions of poisoning…

  • Thailand News

    Thai govt’s digital wallet project: A cash splash on the horizon

    The Government of Thailand is still finalising its digital wallet project, a financial aid initiative which promises a 10,000 baht disbursement to eligible citizens. The specific criteria for eligibility include an age threshold, and a deposit cap to ensure the aid reaches those intended. Citizens who are 16 years old as of September 30 of this year, or born before…

  • Business News

    Thai stock market set for a drop due to US inflation

    Kasikorn Asset Management (K-Asset) anticipates a downward trend in the Thai stock market over the forthcoming quarter, prompted by a slow decrease in US inflation and interest rates. The asset management firm advises investors to mitigate risk through portfolio diversification, targeting the US and Indian stock markets. K-Asset CEO Wajana Wongsupasawat forecasts an additional drop in the Thai market in…

  • Thailand News

    Xi Jinping’s bullet train gift sparks China-Thailand railway reality

    A replica of China’s Fuxing bullet train, bedecked in Thailand’s national colours and gifted during the 29th APEC Economic Leaders’ Meeting in Bangkok in November 2022, now finds itself at the epicentre of a transformative railway saga between China and Thailand. As the wheels of progress turn, the construction of the China-Thailand Railway, a flagship venture under the Belt and…

  • Business News

    Thai stocks shed by foreign investors amidst delayed US rate cuts

    The Stock Exchange of Thailand (SET) reported that foreign investors offloaded Thai stocks to the tune of 68.9 billion baht (US$ 2 billion) in the first quarter, with 41.2 billion sold in March alone. This trend is linked to the delayed US interest rate cuts, weaker financial performance of Thai companies compared to those on other exchanges, and overall economic…

  • Press Room

    The top 6 forex trading demo accounts for Thai traders

    Finding a forex broker with ideal trading conditions to practice trading Our evaluation of the top Forex demo accounts for Thai traders prioritised attributes such as the quality of the Forex trading platforms, trading conditions, and customer support provided. We also favoured brokers with good regulations for trust and security to ensure your funds are safe and trading conditions are…

  • Business News

    Thai bond defaults to stay below 1% in Q2, predicts ThaiBMA

    The Thai Bond Market Association (ThaiBMA) forecasted a low probability of bond defaults in the forthcoming second quarter, with the total default value expected to fall below 1% of the entire outstanding market value. Ariya Tiranaprakit, Executive Vice President of ThaiBMA, revealed that the trend of deferring bond payments gained traction in the aftermath of the pandemic, largely induced by…

  • Guides

    Discover motivation through fitness, culture, and community in Thailand

    Maintaining motivation in Thailand, amidst adapting to a new culture and environment, poses a challenge for many individuals, irrespective of whether they are engaged in teaching, remote work, or simply enjoying a sabbatical. The key to leveraging the full potential of one’s stay in this dynamic nation lies in identifying sources of motivation. Engaging in regular physical exercise emerges as…

  • Business News

    Thai economy struggles post-election, foreign investment declines

    Thailand’s economy continues to struggle despite the first General Election since 2019, which was anticipated to stimulate growth and attract foreign investors. Instead, the nation has seen its benchmark stock index decline for the fifth quarter consecutively, foreign investment is waning, and the baht is showing the second-worst performance amongst Asian currencies. According to Narongsak Plodmechai, CEO of SCB Asset…

  • Thailand News

    Junk food marketing – how it affects children

    Today’s youth in Thailand face a startling reality. Their life expectancy may be shorter than their parents, largely due to health issues stemming from excessive junk food consumption. Over 39 million children under 5 are overweight, fueling a rapid obesity epidemic. A significant contributor is junk food marketing, targeting children who lack the cognitive skills to discern advertising intent. Marketers…

  • Social Media Marketing (SMM)

    Short-Form video’s impact on digital marketing

    In the rapidly evolving domain of digital marketing, short-form video content has established itself as a pivotal element. The diminishing attention spans of today’s audiences necessitate that marketers capture and sustain interest with immediacy, making short-form videos an indispensable strategy for conveying messages succinctly and compellingly. Recognizing the profound influence of short-form video content on digital marketing is crucial for…

  • Business News

    Italian-Thai development grapples with liquidity crisis amid scandals

    Thailand’s leading construction firm, Italian-Thai Development Plc (ITD), is grappling with a liquidity crisis that has alarmed investors, regulators, and rating agencies. This scenario follows a series of local corporate scandals and debt defaults that have already unnerved the market. ITD confirmed yesterday, March 13, that it is seeking new loans from banks to alleviate the current cash crunch that…

  • Business News

    Thailand to boost rice exports to Hong Kong and China

    An upward trend in rice exports from Thailand to Hong Kong and China is anticipated this year, with a particular demand for riceberry and brown rice. This expectation is driven by the global economic recovery and a discerning preference for high-quality rice grains. Thailand is also aspiring to establish a distribution centre in Shenzhen to bolster its market presence. The…

  • Business News

    Gold prices hit record high in Thailand, predicted to climb further

    Gold prices in Thailand have reached a historic peak, with projections indicating a possible increase to 38,000 baht per baht weight within the year. This surge is largely attributed to the continued global increase in gold prices, which are nearing a two-month high of over US$2,080 per ounce, according to the Gold Traders Association (GTA). The price of gold bars…

  • Automotive

    Time-travel on wheels:Classic car craze hits Thailand

    Classic car culture isn’t just a hobby; it’s a global phenomenon that captivates enthusiasts everywhere. It’s a journey through time, showcasing the evolution of technology, design, and the dynamic automotive landscape. From its humble beginnings to its current status as a vibrant community, classic car culture has grown into something truly special. The allure of classic cars goes beyond their…

  • Business News

    Thai economy set for revival amid global uncertainties

    The Federation of Thai Capital Market Organizations (FETCO) anticipates a revival of the Thai economy in the latter half of the year, supported by potential interest rate reductions. This optimistic outlook emerges amidst global economic uncertainties, with possible recessions in the UK and Japan, and China grappling with a prolonged property crisis. FETCO chairman Kobsak Pootrakool believes that the global…

  • Business News

    Thai govt considers issuing US$1 billion foreign currency bonds

    The Thai government recently announced its consideration to issue foreign currency-denominated bonds valued at US$1 billion, approximately 36 billion baht, an announcement which has sparked debates over the worth and risks associated with such an undertaking. As part of this move, the Public Debt Management Office (PDMO) under the Finance Ministry is examining the feasibility of offering these bonds in…

  • Business News

    PDMO to sell 100 billion baht savings bonds for budget deficit funding

    The Public Debt Management Office (PDMO) announced plans to sell 100 billion baht (US$2.78 billion) worth of savings bonds within the fiscal year to finance the budget deficit. The initial issue, valued at 40 billion baht (US$1.1 billion), will be offered next month, according to the director-general of the PDMO, Patchara Anuntasilpa. The first tranche of savings bonds for the…

  • Business News

    Bank of Thailand faces political pressure to cut interest rates

    The Bank of Thailand (BoT) is under increased political tension to reduce interest rates, with the majority of analysts predicting that the monetary authority will withstand requests for unexpected easing to bolster the economy. This escalating discord between Prime Minister Srettha Thavisin and the central bank concerning monetary policy direction is predicted to damage investor confidence, though the likelihood of…

  • Business News

    Thai government and central bank clash over interest rates

    The ongoing discord between government officials and central bankers regarding interest rate adjustments is creating uncertainty for local banks and could potentially trigger further foreign investor withdrawals. Thailand Prime Minister Srettha Thavisin, along with key advisors, is advocating for a reduction in rates by the Bank of Thailand (BoT) to stimulate an economy the Thai PM describes as being in…

  • Events

    All you need to know about Chinese New Year in Thailand and where to go

    Ah, yes, the Chinese New Year! A time to reflect on past successes and make plans for the future. This Saturday, 10 February, marks the beginning of the Year of the Dragon. Celebrations around the world will be ringing in the new year with a vibrant array of traditions, beautiful art, and delicious food — and in Thailand, it’s no…

  • Thailand News

    Thailand eyes foreign bonds to set private sector rates

    Thailand’s Ministry of Finance is poised to issue foreign currency bonds for the first time in 20 years, a move that is not aimed at fundraising but at establishing a benchmark interest rate for the private sector. The announcement was made by Julapun Amornvivat, Deputy Minister of Finance, who stated that the Public Debt Management Office (PDMO) has been tasked…