Showing 1 - 10 of 40
SEC tie-up provides digital infrastructure
Business, Darana Chudasri, Published on 25/03/2021
» In collaboration with the Capital Market Development Fund (CMDF), the Securities and Exchange Commission (SEC) launched end-to-end digital infrastructure for its regulatory sandbox to further integrate digital technologies into operations such as bond issuing through trading, settlement and clearing, and investor services.
SawasdeeShop eyes cryptocurrency use
Business, Darana Chudasri, Published on 23/03/2021
» SawasdeeShop, an international money changer, will ask permission from the Bank of Thailand (BoT) to use cryptocurrency as an intermediary in international money transfers and currency exchanges in order to reduce costs.
BAY foresees baht hike
Business, Darana Chudasri, Published on 02/12/2020
» The baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account surplus and the US's ultra-loose monetary policy, says Bank of Ayudhya (BAY).
Saksiam gears up IPO-fuelled expansion
Business, Darana Chudasri, Published on 29/10/2020
» Saksiam Leasing, a medium-sized lender of retail and car title loans, is preparing to raise funds from an IPO this year to expand the business, aiming to double asset and branch numbers every three years.
Gold trade gets redefined
Business, Darana Chudasri, Published on 13/08/2020
» After years of regulations confining gold trade in Thailand to the baht, the US dollar will now be used.
Emboldened by rule tweaks, retail investors flock to bourse
Business, Darana Chudasri, Published on 07/07/2020
» Retail investors account for the major portion of funds flowing into Thailand's bourse, supported by temporary rule changes that help mitigate excessive losses and volatility.
Savings accounts surge 14%
Business, Darana Chudasri, Published on 02/07/2020
» Banks' outstanding balance in savings accounts at the end of June jumped 14% from the end of last year, showing money continued to pour into bank deposits as they are perceived a safe haven amid economic uncertainties caused by the pandemic, despite the rock-bottom interest rates.
Asia Capital defaults on B689m debt
Business, Darana Chudasri, Published on 26/06/2020
» MAI-listed Asia Capital Group Plc (ACAP) has defaulted on the repayment of debentures worth 689.40 million baht, subsequently resulting in a cross-default involving other debts totalling 1.89 billion baht.
7 listed firms extend debenture maturity
Business, Darana Chudasri, Published on 04/06/2020
» Seven listed companies have extended their debenture maturity dates by 6-24 months during the Covid-19 pandemic as weak sales caused a liquidity crunch among businesses.
ASP projects 11% plunge in second-quarter figures
Business, Darana Chudasri, Published on 02/06/2020
» Thailand's economic contraction is forecast to see a double-digit plunge this quarter, with a hard landing scenario in private consumption and tourism, says Asia Plus Securities (ASP).