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S&P Global names 41 Thai companies in sustainability ranking

Here is a summary of the content in 30 words: The Stock Exchange of Thailand announces 41 Thai companies recognized with S&P Global Sustainability Awards, ranking Thailand 4th globally, demonstrating Thai businesses' growing focus on sustainability. Here is the rewritten content in 2 paragraphs with H2 formatted titles: Thai Companies Recognized for...

SEC starts public hearing on prohibiting digital assets as means of payment

Here is a summary of the content in 30 words: The SEC is seeking public feedback on proposed rule changes to allow digital assets as payment and enable businesses to participate in the Bank of Thailand's Programmable Payment Sandbox initiative. SEC Seeks Feedback on Digital Assets as Payment The SEC is inviting...

SET Monthly Market Briefing For June 2024

Here is a summary of the content in 30 words: The Thai SET Index fell 3.3% in June 2024, with foreign investors selling THB 116 billion, but the market shows positive signs with new listings and improving macroeconomic indicators. Here is the rewritten content in 90 words, 2 paragraphs with H2...

World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exports

The World Bank has lowered Thailand's 2024 GDP growth forecast to 2.4% from 2.8%, due to weaker exports and public investment. However, private consumption, tourism, and export rebounds are expected to drive growth. Inflation is projected to slow to 0.7% in 2024, and public debt may rise to 64.6%...

China’s Economic Challenges During Xi Jinping’s Tenure

China's economic challenges include a struggling real estate sector and a shift towards high-tech industries. President Xi Jinping's focus on national security and skepticism of market forces are exacerbating these issues. Despite some optimism, there are concerns about China's ability to recover from a major downturn under current policies. China's...

Transforming Thailand’s Capital Market: From Challenges to Opportunities

Thailand's economy, despite facing domestic political instability, global conflicts, and the pandemic, has shown resilience and growth potential. The stock market indicates a positive trend, particularly in the tourism sector, and investment incentives aim to promote long-term financial stability. The SEC is implementing measures to address issues like short...

Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking

Investors should use benchmarking to identify optimal Southeast Asian markets. The region's digital boom, sustainable technologies, and manufacturing prowess offer great potential. However, political stability and regulations pose challenges. Diversifying investments across Vietnam, Indonesia, Thailand, and Malaysia can mitigate risks. Identifying Investment Opportunities in Southeast Asia Investors focusing on Southeast Asia...

World Bank cuts GDP growth forecast for Thailand to 2.4%

The World Bank and UOB have lowered Thailand's 2024 GDP growth forecast to 2.4%, with a Thai business group predicting even lower at 2.2%-2.7%. This is due to slow export recovery, political instability, and global economic uncertainties. Despite these challenges, the central bank forecasts a 2.6% and 3% GDP...