Showing 1 - 10 of 441
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
SET stumbles on domestic, external risks
Business, Nuntawun Polkuamdee, Published on 07/07/2023
» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.
Analysts downgrade target for Thai bourse
Business, Nuntawun Polkuamdee, Published on 05/07/2023
» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.
SEC tightens rules for cryptocurrency trading
Business, Nuntawun Polkuamdee, Published on 04/07/2023
» The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.
Analysts promote friendly policies
Business, Nuntawun Polkuamdee, Published on 26/06/2023
» The local stock market can shift from a bear to a bull market if the authorities halt anti-investor policies that undermine confidence, causing foreigners to sell more than 100 billion baht worth of Thai shares this year, say analysts.
Bourse, SEC eager to revamp listing criteria
Business, Nuntawun Polkuamdee, Published on 23/06/2023
» In response to the erosion of confidence in the Thai capital market, the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC) have agreed to upgrade listing regulations and strengthen supervision to enhance the quality of listed companies.
Tisco Asset pinpoints opportunities in H2
Business, Nuntawun Polkuamdee, Published on 13/06/2023
» Tisco Asset Management recommends Thai equity mutual funds related to the domestic economy and tourism as well as Chinese equities, US technology and dividend stocks, and US bonds for the second half of this year.
Stark enters arbitration with 2 firms
Business, Nuntawun Polkuamdee, Published on 13/06/2023
» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.
Foreigners flee Thai stocks
Business, Nuntawun Polkuamdee, Published on 07/06/2023
» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.
Prudential posts record results as premiums gain
Business, Nuntawun Polkuamdee, Published on 05/06/2023
» Prudential Life Assurance (Thailand) posted record-high financial results in the first quarter of 2023, with the highest weighted first-year premiums in its history as the firm joined the country's top six insurance providers.