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Investors seen heading north, leaving SE Asia behind

Investors seen heading north, leaving SE Asia behind

The nascent revival in North Asian equities is being touted as the start of a potential bull run as bets for China’s gradual reopening as well as the bottoming out of the chip industry intensify.

12:57
Chinese spent B15bn on Thai condos from Jan-Aug

Chinese spent B15bn on Thai condos from Jan-Aug

Chinese buyers top the table of foreign condominium purchasers in Thailand, buying up 15 billion baht worth of property in the first eight months of this year.

26 Nov 2022 6

Bid fails

The Alcoholic Beverage Control Committee has dismissed a private sector proposal to extend the period of selling alcoholic beverages at night venues until 4am.

26 Nov 2022 49
Bid fails

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.7787
37.5174
GBP
42.7780
43.6374
HKD
4.5275
4.6118
JPY
25.3932
26.0933
USD
35.5216
35.8446
CNY
4.9141
5.0581
Source: Bank of thailand (27 Nov 2022)

SET

SET
1,620.84
-4.12
SET50
983.27
-4.86
SET100
2,209.66
-10.67
sSET
1,046.63
+3.78
SETCLMV
989.65
-5.11
SETHD
1,178.06
-6.60
SETTHSI
1,036.66
-5.62
Source: settrade.com (27 Nov 2022)
LATEST
12:57

Investors seen heading north, leaving SE Asia behind

The nascent revival in North Asian equities is being touted as the start of a potential bull run as bets for China’s gradual reopening as well as the bottoming out of the chip industry intensify.

12:57
Investors seen heading north, leaving SE Asia behind
07:00

Apec, China reopening could boost growth to 4%

Thailand's economy is expected to grow by 3-4% next year, growth supported by the tourism industry and as an outcome of the Asia-Pacific Economic Cooperation (Apec) summit, a seminar was told.

07:00 3
06:00

Arrival of passengers from Russia a sign of recovery in Pattaya

A charter flight from Russia carrying 230 passengers destined for Pattaya City landed at U-Tapao Rayong-Pattaya International Airport yesterday, a sign that the popular coastal city's tourism industry is on the road to recovery.

06:00 7
04:00

S&P solid BBB+ rating a 'good sign'

The government welcomes the latest decision by S&P Global Ratings (S&P) to maintain Thailand's sovereign credit rating at BBB+ and rates the country's economic outlook as "stable", saying these outcomes are evidence of how effective the government's economic stimulating policies have proven to be.

04:00
04:00

Thailand 'base' for SMBC's growth

Japan's Sumitomo Mitsui Banking Corporation (SMBC) will adopt Thailand as its base for expansion in Southeast Asia in celebration of its 70th year of operations in the kingdom, it says.

04:00
26 Nov 2022

Chinese spent B15bn on Thai condos from Jan-Aug

Chinese buyers top the table of foreign condominium purchasers in Thailand, buying up 15 billion baht worth of property in the first eight months of this year.

26 Nov 2022 6
Chinese spent B15bn on Thai condos from Jan-Aug
26 Nov 2022

Travellers welcome high season but prices a concern

A majority of people expect high tourism numbers during the peak season in December but remain concerned about their spending power and high prices, according to an opinion survey by Bangkok University, or Bangkok Poll.

26 Nov 2022 6
Travellers welcome high season but prices a concern
26 Nov 2022

Genting shut out of Macau casino market

Macau’s six casino operators won new licences to continue running their businesses in the territory, but a company linked to Malaysia-based Genting Group failed in its attempt to gain entry to the major gaming hub.

26 Nov 2022 1
Genting shut out of Macau casino market
26 Nov 2022

Fireworks festival in Pattaya eyes B1bn

CHON BURI: The Pattaya International Fireworks Festival 2022 has attracted a large number of tourists and is expected to generate over 1 billion baht in revenue to the beach city.

26 Nov 2022 1
Fireworks festival in Pattaya eyes B1bn
26 Nov 2022

Workshop aims at big spenders

Businesses on Phuket should aim to promote wellness and multicultural activities among Muslim tourists from the Middle East, especially big spenders from Saudi Arabia, to spur the island's economy, according to the Faculty of Hospitality and Tourism at Prince of Songkhla University (PSU).

26 Nov 2022 5

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.7787
37.5174
GBP
42.7780
43.6374
HKD
4.5275
4.6118
JPY
25.3932
26.0933
USD
35.5216
35.8446
CNY
4.9141
5.0581
Source: Bank of thailand (27 Nov 2022)

SET

SET
1,620.84
-4.12
SET50
983.27
-4.86
SET100
2,209.66
-10.67
sSET
1,046.63
+3.78
SETCLMV
989.65
-5.11
SETHD
1,178.06
-6.60
SETTHSI
1,036.66
-5.62
Source: settrade.com (27 Nov 2022)