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Banking blues

Banking blues

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe.

05:38 22
U-tapao expansion likely delayed

U-tapao expansion likely delayed

U-tapao airport expects a delay to the first phase of its expansion plans as some conditions have not been approved by authorities.

06:33 12

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.5442
37.2485
GBP
41.4371
42.2611
HKD
4.3072
4.3843
JPY
25.8248
26.5121
USD
33.9359
34.2635
CNY
4.9246
5.0521
Source: Bank of thailand (24 Mar 2023)

SET

SET
1,591.85
-1.80
SET50
960.41
-0.88
SET100
2,149.56
-2.60
sSET
1,030.91
-0.14
SETCLMV
947.66
-8.05
SETHD
1,143.71
-4.85
SETTHSI
1,016.95
-2.23
Source: settrade.com (24 Mar 2023)
LATEST
15:55

Bailout of crypto exchange Zipmex falters

The rescue plan for the embattled regional crypto exchange Zipmex is beginning to fray after the company failed to receive the most recent payment due under a US$100-million venture capital buyout.

15:55
Bailout of crypto exchange Zipmex falters
13:18

BCPG announces capital expenditure at B39bn for expansion

SET-listed BCPG Plc, a power generation flagship of Bangchak Corporation, announced capital expenditures for this year at 39 billion baht for business expansion in domestic market and overseas.

13:18
BCPG announces capital expenditure at B39bn for expansion
10:32

Thailand sees 6m foreign tourist arrivals in Q1: govt

The government expects there to be about 6 million foreign tourist arrivals in the first quarter of the year as the vital tourism sector gathered momentum, an official said on Friday.

10:32 10
Thailand sees 6m foreign tourist arrivals in Q1: govt
09:03

SCBAM eyes 3-5% growth in assets

SCB Asset Management (SCBAM) aims to grow its assets under management (AUM) by 3-5% this year from 1.6 trillion baht recorded in 2022.

09:03
SCBAM eyes 3-5% growth in assets
08:04

SPCG expects solar panel revenue to reach B1bn

Costly electricity bills are expected to cause more households and businesses to use renewable energy by installing rooftop solar panels, says SET-listed SPCG, a pioneer in solar farm development in Thailand.

08:04
SPCG expects solar panel revenue to reach B1bn
07:00

Agency keen on fruit quality controls

The Internal Trade Department is implementing 22 measures to manage fruit supply for this year's harvest, with production estimated to grow by 3% to 6.78 million tonnes.

07:00 1
Agency keen on fruit quality controls
06:33

U-tapao expansion likely delayed

U-tapao airport expects a delay to the first phase of its expansion plans as some conditions have not been approved by authorities.

06:33 12
U-tapao expansion likely delayed
05:38

Industries uneasy over banking crisis

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe.

05:38 22
Banking blues
04:49

KResearch projects exports contracting 1.2% this year

Exports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch).

04:49 3
KResearch projects exports contracting 1.2% this year
04:00

SET upbeat after Fed hikes rates

The Thai stock market traded higher on Thursday, bucking overnight drops on Wall Street as most regional bourses were sanguine following Federal Reserve hints that further tightening is possible, while Treasury Secretary Janet Yellen said there is no plan for "blanket" deposit insurance.

04:00

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.5442
37.2485
GBP
41.4371
42.2611
HKD
4.3072
4.3843
JPY
25.8248
26.5121
USD
33.9359
34.2635
CNY
4.9246
5.0521
Source: Bank of thailand (24 Mar 2023)

SET

SET
1,591.85
-1.80
SET50
960.41
-0.88
SET100
2,149.56
-2.60
sSET
1,030.91
-0.14
SETCLMV
947.66
-8.05
SETHD
1,143.71
-4.85
SETTHSI
1,016.95
-2.23
Source: settrade.com (24 Mar 2023)