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INVESTMENT

SET urges caution on MGI shares

Nuntawun Polkuamdee, Published on 21/12/2023

» The Stock Exchange of Thailand (SET) is warning investors to exercise caution when investing in Miss Grand International (MGI) shares after the price jumped 256% in the first five days of trading on the Market for Alternative Investment (MAI).

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GENERAL

Syn Mun Kong Insurance likely has 60 days to solve woes

Business, Nuntawun Polkuamdee, Published on 19/12/2023

» The Office of the Insurance Commission (OIC) is expected to give Syn Mun Kong Insurance Plc (SMK) 60 days to solve its liquidity problems and raise capital, but the regulator said the ailing insurer is unlikely to meet the deadline.

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GENERAL

SET urged to amend trading rules

Business, Nuntawun Polkuamdee, Published on 16/12/2023

» Brokers are asking the Stock Exchange of Thailand (SET) to adjust the rules to allow program trading for only 30-50 big-cap stocks, or set a limit for high-frequency trading (HFT) to prevent a slump on the Thai bourse.

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MOTORING

Thaivivat projects higher EV demand

Business, Nuntawun Polkuamdee, Published on 15/12/2023

» Demand for electric vehicle (EV) insurance is expected to rise sharply to 200,000 units next year, says Thaivivat Insurance (TVI) as the company launches a new product to capture high growth in the segment.

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GENERAL

BKI aims to grow premiums by 8-10%

Business, Nuntawun Polkuamdee, Published on 14/12/2023

» Bangkok Insurance (BKI) targets growing its premiums by 8-10% to 32.5 billion baht in 2024 with a net profit of more than 3 billion based on the improving economy, although domestic and global challenges remain.

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GENERAL

ASPS outlines winners in Easy E-Receipt scheme

Business, Nuntawun Polkuamdee, Published on 11/12/2023

» Stocks in the tourism, packaging, consumer goods and banking sectors are expected to benefit from the government's "Easy E-Receipt" programme that was approved last week by the cabinet in an effort to stimulate domestic spending, according to Asia Plus Securities (ASPS).

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INVESTMENT

Srettha unveils 3 tactics to bolster capital market

Business, Nuntawun Polkuamdee, Published on 08/12/2023

» Prime Minister Srettha Thavisin on Thursday highlighted three approaches to strengthen the capital market under the Pheu Thai-led government, even as "the long-term fundamentals remain sound and resilient".

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GENERAL

Phi Phi Holiday misses rental payment

Business, Nuntawun Polkuamdee, Published on 07/12/2023

» Phi Phi Holiday Co Ltd has defaulted on rental payment to Phi Phi Holiday Inn Resort, affecting the income of Thailand Hospitality Property Fund (TLHPF), which is managed by One Asset Management.

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INVESTMENT

Stocks to surge until year-end

Business, Nuntawun Polkuamdee, Published on 06/12/2023

» The Stock Exchange of Thailand (SET) index could possibly return to the 1,500-point mark by the end of the year, up from last month's close of about 1,380 points, as foreign funds are likely to return and the recently-approved Thailand ESG Fund (TESG) has boosted trading, said Asia Plus Securities (ASPS).

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INVESTMENT

Tisco offers tips for bonds and stocks

Nuntawun Polkuamdee, Published on 04/12/2023

» Tisco Advisory recommends investors opt for foreign bonds, real estate investment trusts (REITs) and healthcare and technology stocks to hedge against negative factors next year.