Showing 1 - 10 of 28
Political uncertainties drive stocks down to four-year low
Business, Nuntawun Polkuamdee, Published on 11/06/2024
» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.
Mutual fund assets up 2.58% to B5.28tn
Business, Nuntawun Polkuamdee, Published on 22/04/2024
» Thailand's mutual fund industry registered a net asset value of 5.28 trillion baht in the first quarter, up 2.58% or 133 billion baht from the end of 2023, backed by strong growth of fixed income funds and foreign investment funds (FIFs).
Sustainability funds post healthy returns in Q1
Business, Nuntawun Polkuamdee, Published on 19/04/2024
» Global sustainability equity funds generated solid returns in the first quarter this year amid capital market volatility, with abrdn Japanese Sustainable Equity generating the highest rate of return at 17.2%, according to Morningstar Research (Thailand).
Prudential posts 11% rise in premiums in 2023
Business, Nuntawun Polkuamdee, Published on 09/04/2024
» Prudential Life Assurance (Thailand) reported total insurance premiums of 34.7 billion baht last year, an increase of 11% from 31.3 billion in 2022, ranking seventh among Thai life insurers.
Bond default risk minimal in Q2
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» The likelihood of bonds defaults in the second quarter is relatively low, with total default value projected at less than 1% of the total outstanding market value, says the Thai Bond Market Association (ThaiBMA).
Italian-Thai Development borrowing to weigh on banking profits
Business, Nuntawun Polkuamdee, Published on 23/03/2024
» The liquidity crunch facing Italian-Thai Development (ITD) may cause banks listed on the Stock Exchange of Thailand to lift debt provisions, while the net profit of four creditor banks may decrease this year if the amount lent to ITD becomes non-performing loans (NPLs), says Bualuang Securities (BLS).
SCBAM bullish on bond funds to reach AUM goal
Business, Nuntawun Polkuamdee, Published on 13/03/2024
» SCB Asset Management (SCBAM) aims to increase its assets under management (AUM) by 200 billion baht to reach 2 trillion this year by focusing on bond funds that are expected to retain high interest rates.
Finnomena sees opportunities in China, India stock exchanges
Business, Nuntawun Polkuamdee, Published on 29/02/2024
» The Chinese and Indian stock markets offer high growth potential, though investors should invest in growing businesses through foreign investment funds, says digital wealth management platform Finnomena.
Private funds picked for growth in 2024
Business, Nuntawun Polkuamdee, Published on 12/02/2024
» The private fund industry is expected to post continued growth this year as demand surges for wealth management and foreign investment emerges as a trend, say fund managers.
Foreign capital rebounds on Thai bourse
Business, Nuntawun Polkuamdee, Published on 08/02/2024
» Foreign capital started to flow into the Thai stock market in the first week of February, tallying 7.9 billion baht in anticipation of global interest rates falling later this year, says the Stock Exchange of Thailand (SET).