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BUSINESS

Analysts concerned delay could hamper GDP, stocks

Business, Nuntawun Polkuamdee, Published on 22/05/2023

» Stock market analysts have expressed unease about the post-election political situation, saying a delay in the formation of a new government would affect the country's GDP and encourage foreign investors to continue dumping Thai shares.

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BUSINESS

Tisco sees gloomy outlook for May

Business, Nuntawun Polkuamdee, Published on 08/05/2023

» The investment atmosphere for Thai stocks is likely to remain downbeat this month following the recent US interest rate hike that could exacerbate the banking crisis in that nation, says Tisco Securities.

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BUSINESS

US banks on edge after rate hike

Business, Nuntawun Polkuamdee, Published on 06/05/2023

» Economists warn that two more US banks are on the verge of collapse after the Federal Reserve lifted its key interest rates by 0.25% this week, prompting stock prices of American lenders to drop sharply after the hike.

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BUSINESS

TCRB eyes stock exchange listing in 2023

Business, Nuntawun Polkuamdee, Published on 05/05/2023

» Thai Credit Retail Bank (TCRB) has submitted filings to the Securities and Exchange Commission for an initial public offering (IPO) on the Stock Exchange of Thailand by the end of this year.

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BUSINESS

SEC prepares digital bond offerings valued at B6.7bn

Business, Nuntawun Polkuamdee, Published on 04/05/2023

» The Securities and Exchange Commission (SEC) has approved the first lot of digital bond offerings worth 6.7 billion baht.

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BUSINESS

More Thais making online gold purchases

Business, Nuntawun Polkuamdee, Published on 02/05/2023

» The value of gold savings owned by Thais on online platforms rose 60-70% in the first quarter of 2023 from a year earlier as global prices rose by more than 8% during the period, while domestic gold prices hit a record, according to YLG Bullion International Co.

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BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

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BUSINESS

SET, TFEX to debut new trading system

Business, Nuntawun Polkuamdee, Published on 28/04/2023

» The Stock Exchange of Thailand (SET) and the Thailand Futures Exchange (TFEX) plan to implement a new trading system from May 8, in line with international best practices and global trends.

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BUSINESS

Zipmex seeks to discuss fines with SEC

Business, Nuntawun Polkuamdee, Published on 26/04/2023

» Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.