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BUSINESS

InTouch volatility expected

Business, Darana Chudasri, Published on 03/08/2021

» Gulf Energy Development's (GULF) tender offer for the shares of InTouch Holdings (INTUCH) is scheduled to end tomorrow and may cause the share prices of INTUCH and Advanced Info Service (ADVANC) to fluctuate in the short term, say analysts.

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BUSINESS

SET counsels caution over XPG trades

Business, Darana Chudasri, Published on 30/07/2021

» The Stock Exchange of Thailand (SET) is warning investors against trading Xspring Capital Plc (XPG) after the stock made unusual price movements and surged 180% in just three months.

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BUSINESS

Markets at the tip of your fingers

Business, Darana Chudasri, Published on 31/07/2021

» For Chonladet Khemarattana, chief executive officer and co-founder of Robowealth, a Thai wealth tech startup and mutual fund brokerage, it's always the small pieces that make the big picture.

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BUSINESS

SEC files criminal charge against Binance

Business, Darana Chudasri, Published on 03/07/2021

» The Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance, the world's largest cryptocurrency exchange platform, for illegally operating a digital asset business without a licence under the Digital Asset Businesses Decree.

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BUSINESS

MTL alert to demographic time bomb

Business, Darana Chudasri, Published on 05/07/2021

» Muang Thai Life Assurance (MTL) has rejigged its organisational structure to prepare for Thailand's transition towards an increasingly ageing society, viewed by the company as an economic time bomb.

BUSINESS

SET warns stock investors over MVP shares

Darana Chudasri, Published on 06/07/2021

» The Stock Exchange of Thailand (SET) has warned investors to take caution when trading shares of M Vision Public Company Limited (MVP) as the shares' trading conditions remain highly volatile even having been put on the highest level of the market surveillance list.

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BUSINESS

TBMA upgrades bond issuance outlook to B900bn

Business, Darana Chudasri, Published on 09/07/2021

» The Thai Bond Market Association (TBMA) upgraded its projection for corporate bond issuance this year to 900 billion baht from 700-750 billion as private companies seek to replenish capital reserves amid economic uncertainties, says TBMA president Tada Phutthitada.

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BUSINESS

Agency warns investors of DeFi risks, legal situation

Business, Darana Chudasri, Published on 13/07/2021

» The Thai Digital Asset Association warned investors about the risks of investing in DeFi and clarified that the association cannot serve as an intermediary in a legal dispute after Genesis, a decentralised platform (DeFi) platform, claimed the association will act as an intermediary for the indemnification for any damage caused by fraud.

BUSINESS

Analysis consensus facing downgrade

Business, Darana Chudasri, Published on 14/07/2021

» Securities analysts have stated that analysis consensus for listed companies may be downgraded this year if the second-quarter operating results drop.

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BUSINESS

Gold prices surge 4% over Covid, baht fears

Business, Darana Chudasri, Published on 15/07/2021

» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.