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Search Result for “bangkok'"”

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BUSINESS

Confidence from January remains bullish

Business, Darana Chudasri, Published on 03/02/2021

» The Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies.

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BUSINESS

Silver online futures volume skyrockets

Business, Darana Chudasri, Published on 03/02/2021

» The trading volume of silver online futures surpassed 4,000 contracts a day in February, the highest since it began trading on the Thailand Futures Exchange (TFEX) last November, after global retail investors pushed the silver price to an eight-year high.

BUSINESS

OR IPO tipped to draw droves of new investors

Business, Darana Chudasri, Published on 30/01/2021

» PTT Oil and Retail's (OR) initial public offering (IPO) subscription is expected to draw thousands of new investors to the Thai stock market, with novel trading accounts likely to exceed 35,000 this month.

BUSINESS

MTB gets B200m capital boost for online expansion

Business, Darana Chudasri, Published on 29/01/2021

» Muang Thai Group Holding (MTGH) has injected 200 million baht into its subsidiary Muang Thai Broker (MTB) to expand its presence in the growing online insurance market, says Sara Lamsam, MTL's president and chief executive.

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BUSINESS

Investment eyed in lower-grade bonds

Business, Darana Chudasri, Published on 28/01/2021

» The Office of the Insurance Commission (OIC) is poised to allow insurance companies to invest in non-investment grade bonds to seek higher investment returns amid a struggling economy, says a market source who requested anonymity.

BUSINESS

Frank gets rebranded as Bolttech

Business, Darana Chudasri, Published on 27/01/2021

» Frank Insurance, a digital insurance broker, rebranded as Bolttech Insurance Broker (Thailand) last week in an effort by its Hong Kong-based parent company to consolidate digital insurance units under one brand.

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BUSINESS

Energy stocks set to drop during OR IPO

Business, Darana Chudasri, Published on 18/01/2021

» The upcoming initial public offering (IPO) of PTT Oil and Retail (OR) will likely cause prices of other stocks in the energy sector to drop during the subscription period after institutional investors rebalance their portfolios, analysts say.

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BUSINESS

TBMA: Firms choose loans for funding

Business, Darana Chudasri, Published on 14/01/2021

» The Thai Bond Market Association (TBMA) expects the policy interest rate will remain at 0.5% throughout 2021, while issuance of new long-term corporate bonds is projected at 700-750 billion baht as the real sector turns to bank loans, says TBMA president Tada Phutthitada.

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BUSINESS

TGIA mulls launch of BI insurance policies

Business, Darana Chudasri, Published on 13/01/2021

» The Thai General Insurance Association (TGIA) is studying the feasibility of launching insurance for business interruptions (BI) caused by Covid-19 or other emerging diseases to allow businesses to be more resilient to future outbreak-related shutdowns.

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BUSINESS

Cryptocurrencies' total market cap soars to B4bn

Business, Darana Chudasri, Published on 11/01/2021

» Cryptocurrencies' total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand's (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.