Showing 1 - 10 of 14
SEC confirms health of the securities industry
Business, Nuntawun Polkuamdee, Published on 30/05/2024
» The Securities Exchange and Commission (SEC) has verified the securities industry remains strong, with every company having adequate capital funds as required by law, and 98% of them having minimum funds two times above the requirement.
Upbeat ETF outlook spurs Ethereum
Business, Nuntawun Polkuamdee, Published on 24/05/2024
» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.
Rejig of incentives sought to encourage investment
Business, Nuntawun Polkuamdee, Published on 09/05/2024
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.
SET touts dividend stocks amid volatility
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Given global volatility and high interest rates, many investors are searching for investments with stable returns.
March investor confidence stays virtually unchanged
Business, Nuntawun Polkuamdee, Published on 11/04/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.
Listed companies' 2023 dividends tally 593bn
Business, Nuntawun Polkuamdee, Published on 22/03/2024
» More than 580 listed Thai companies on the Stock Exchange of Thailand (SET) paid combined dividends worth 593 billion baht last year, down from 611 billion in 2022, mainly attributed to lower profits.
Bitcoin price soars to B2.37m on Bitkub
Business, Nuntawun Polkuamdee, Published on 07/03/2024
» The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.
Chinese firm now owns Thai brokerage
Nuntawun Polkuamdee, Published on 12/02/2024
» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.
Bitcoin bounces back
Nuntawun Polkuamdee, Published on 29/01/2024
» Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150%.
SET president optimistic for 2024
Business, Nuntawun Polkuamdee, Published on 26/01/2024
» Stocks related to tourism and industries that would benefit from lower interest rate are expected to drive the Stock Exchange of Thailand (SET) index to rebound, while geopolitical conflicts remain a drag, says an exchange executive.