Things are turning around in the Land of Smiles with promising signs pointing to an economic recovery, according to a senior executive at the SET.» Read More
The currency could fall to 4.50 against the dollar, says Adam Reynolds, CEO, Asia Pacific of Saxo Bank Group.
PK Basu, chief ASEAN economist at Macquarie Securities, is retaining his year-end target of 4.15 for the ringgit on the back of "sound fundamentals" in the Malaysian economy.
Asian countries running twin deficits such as Indonesia and Thailand, are most vulnerable to an interest-rate rise in the U.S., says Gavin Parry, MD of Parry International Trading.
Curtis Chin, Asia Fellow at Milken Institute, is confident that Thailand will have the ability to recover from this week's bomb attack, having bounced back quickly from previous incidents.
Adithep Vanabriksha, chief investment officer for Thailand at Aberdeen Asset Management, expects the deadly bomb attack to be a big hit on Thailand's tourism industry and consumer confidence.
Korn Chatikavanij, deputy leader of the Democrat Party of Thailand, says the deadly explosion has "brought the Thai people together in a way that haven't been seen in years."
Thitinan Pongsudhirak, director of the institute of security and international studies at the Chulalongkorn University, analyzes the possible ramifications of this week's deadly explosion in Bangkok.
Thai police are hunting for a "foreigner" and at least two other men suspected of carrying out the deadly bombing in central Bangkok. CNBC's Sri Jegarajah reports.
Apart from happening during the peak hour, the attack was carried out one day after the Mother's Day celebrations, catching the police off guard, says Prinn Panitchpakdi, country head, Thailand at CLSA Securities.
Adrian Dunn, CIO at Brooker Dunn Asset Advisory, says the deadly bomb attack is one of the many economic and political problems that Thailand is currently facing.
Roy Teo, senior FX strategist at ABN AMRO Bank, says Thailand's tourism industry will likely be impacted in the near term, thereby raising the risk for more fiscal and monetary stimulus.
Kim McQuay, Country Representative for Thailand at The Asia Foundation, says Thai authorities seem determined to conduct the investigations in a "methodical" and "mature" manner.
Pakorn Peetathawatchai, head of corporate strategy & finance division, Stock Exchange of Thailand (SET), outlines the importance for the stock market to remain open despite Monday's deadly explosion.
While the deadly explosion has resulted in short-term cancellations, Dillip Rajakarier, CEO of Minor Hotel Group, believes that Thailand's tourism industry can recover as it has done previously.
Darren Buckley, president of the American Chamber of Commerce (AmCham) Thailand, says the deadly bomb blast in central Bangkok on Monday won't sway investor sentiment.
While the deadly bomb attack will likely impact tourist confidence, tourist arrivals, in particular from China, have not been affected at the moment, says Patee Sarasin, CEO of Nok Air.
The site of Monday's deadly bomb blast is an important location which exemplifies political struggles in Thailand, says Aim Sinpeng, lecturer in comparative politics at The University of Sydney.
Some economists are warning that Monday's deadly bomb blast could tip Thailand's economy into a crisis. CNBC's Sri Jegarajah reports from Bangkok.
LONDON, Aug 18- A 6 percent fall in Chinese shares on Tuesday hit Asian stocks and left European equities struggling for gains while emerging market currencies and oil prices touched multi-year lows. The commodity sell-off is also weighing on sentiment today, "said Craig Erlam, senior market analyst at Oanda in London. Britain's FTSE 100 fell 0.3 percent.
LONDON, Aug 18- Stocks fell on Tuesday, with European markets buckling under heavy selling pressure carried over from Asia after Chinese shares slumped 6 percent and emerging market currencies and oil prices remained anchored at historic lows. "European equity markets are taking their cues from China, and traders' suspicion is that the second largest economy...