Showing 1 - 10 of 277
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.
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).
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.
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).
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.