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BUSINESS

Thailand impact seen if global growth misses 2%

Business, Nuntawun Polkuamdee, Published on 16/03/2019

» Thailand's economy could fall into a recession if the global economy expands by less than 2% for more than a year, but infrastructure development and election spending bode well for the country's growth prospects, says an economist.

BUSINESS

SHREIT aims for AUM of $1bn in SE Asia

Business, Nuntawun Polkuamdee, Published on 19/03/2019

» SET-listed Strategic Hospitality Extendable Freehold and Leasehold REIT (SHREIT) targets increasing its assets under management (AUM) to US$1 billion (31.7 billion baht) over the next 3-5 years, focusing on new investment assets in Southeast Asia's tourism and industrial sectors.

BUSINESS

AECS blockchain platform to fund small companies

Business, Nuntawun Polkuamdee, Published on 19/03/2019

» AEC Securities (AECS) is cooperating with Blockchain Asset Management and Capital Trust Group to offer a new investment platform using blockchain technology to capture investment funding sources for small companies.

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BUSINESS

Post-election clarity lures foreigners

Business, Nuntawun Polkuamdee, Published on 20/03/2019

» Foreign funds are projected to return to Thailand's stock market after the election brings more clarity to domestic politics, says Asia Plus Securities (ASP).

BUSINESS

Local investors in bullish mood

Business, Nuntawun Polkuamdee, Published on 05/03/2019

» Investor confidence in portfolios during the three months through May improved to bullish territory for the first time in five months, bolstered by election optimism and listed companies' financial performance, according to the Federation of Thai Capital Market Organizations' (Fetco) monthly survey.

BUSINESS

KSAM eyes 6% rise in AUM this year

Business, Nuntawun Polkuamdee, Published on 07/03/2019

» Krungsri Asset Management (KSAM) aims for 6% growth in assets under management (AUM) in 2019, with a focus on fixed-income and global healthcare funds to offset external headwinds.

BUSINESS

Property downgrade possible

Business, Nuntawun Polkuamdee, Published on 06/02/2019

» The property sector could face a credit rating downgrade resulting from slower economic growth denting corporate earnings and weakening financial conditions, says an institutional investor.

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BUSINESS

KAsset eyes 12% rise in AUM

Business, Nuntawun Polkuamdee, Published on 05/02/2019

» Kasikorn Asset Management (KAsset) plans to increase its assets under management (AUM) by 12% this year to maintain its top position in the mutual fund and provident fund segment through its 4D investment strategy and greater digitalisation.

BUSINESS

Tisco eyes health, technology sectors

Business, Nuntawun Polkuamdee, Published on 14/02/2019

» With increasing investment uncertainty on the domestic and external fronts, Thai investors are advised to diversify their portfolios to global markets, with digital technology and healthcare as themes, says Tisco Asset Management (TISCOAM).

BUSINESS

KSS allots B100m for digital plan

Business, Nuntawun Polkuamdee, Published on 15/02/2019

» Krungsri Securities (KSS), a subsidiary of Bank of Ayudhya, has unveiled its 2019 business plan to invest more than 100 million baht in digital strategies to enhance customers' experience and expand the customer base.