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Search Result for “court”

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BUSINESS

Global markets advance, foreigners power SET

Business, Nuntawun Polkuamdee, Published on 27/08/2022

» RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

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BUSINESS

SET says investors  unfazed by politics

Business, Nuntawun Polkuamdee, Published on 25/08/2022

» Political changes in the country should not affect investments in the Thai stock market as much as the ongoing economic recovery and the substantial increase in net profit for listed companies this year, according to the Stock Exchange of Thailand (SET).

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BUSINESS

SET sentiment buoyed by record earnings

Business, Nuntawun Polkuamdee, Published on 20/08/2022

» RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.

BUSINESS

SMK share price plunges on Q1 losses

Business, Nuntawun Polkuamdee, Published on 26/05/2022

» The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter.

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BUSINESS

BKI posts B3.58bn first quarter loss

Business, Nuntawun Polkuamdee, Published on 20/05/2022

» SET-listed Bangkok Insurance (BKI) reported a net loss of 3.58 billion baht for the first quarter, down 539% from a net profit of 816 million last year, after being hit by surging Covid claims.

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BUSINESS

Covid-hit SMK goes to bankruptcy court

Business, Nuntawun Polkuamdee, Published on 19/05/2022

» SET-listed Syn Mun Kong Insurance (SMK) filed a rehabilitation petition with the Central Bankruptcy Court on Tuesday after facing heavy losses from Covid-19 claims.

BUSINESS

Two firms file lawsuit against OIC head

Business, Nuntawun Polkuamdee, Published on 18/01/2022

» Southeast Insurance and Thai Insurance filed a lawsuit against Suttipol Taweechaikarn, secretary-general of the Office of Insurance Commission (OIC), accusing him of unlawfully forbidding insurance firms from terminating Covid insurance policies with a lump sum payment and causing serious damage to the companies.

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BUSINESS

Crypto traders subject to 15% capital gains tax

Business, Nuntawun Polkuamdee, Published on 06/01/2022

» Profits from cryptocurrency trading are now subject to a 15% capital gains tax, according to a source from the Finance Ministry.

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BUSINESS

Emerging markets fret over Covid, China crackdown

Business, Nuntawun Polkuamdee, Published on 07/08/2021

» Recap: Emerging markets remained under pressure yesterday from the worsening pandemic and China's regulatory crackdown. Equity futures in Europe and the US were steady ahead of US payrolls data, after solid earnings pushed shares to record highs.

BUSINESS

Listed firms poised to post B416bn profit

Business, Nuntawun Polkuamdee, Published on 02/03/2021

» Companies listed on the Stock Exchange of Thailand (SET) are expected to post a combined profit of 416 billion baht in 2020, a 53.6% drop from the year before, due to the impact of the pandemic and staggering loss of Thailand's flagship airline Thai Airways International (THAI).