Showing 1 - 10 of 88
SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
SCB CIO sees LTF benefits as steadying market influence
Business, Nareerat Wiriyapong, Published on 31/05/2024
» SCB Chief Investment Office (CIO) believes reinstating long-term equity funds (LTFs) to promote long-term savings would help reduce volatility from short selling and curb capital outflow, bringing in net inflow of 40-50 billion baht to the Thai stock market.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Delta lays out investment plans
Business, Nareerat Wiriyapong, Published on 13/03/2024
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.
SJWD plans to spend B2.5bn on expanding network
Business, Nareerat Wiriyapong, Published on 06/02/2024
» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), is set to invest nearly 2.5 billion baht to acquire shares of logistics companies in Thailand and Malaysia as it expands its logistics and supply chain business in Southeast Asia.
LGT hints BoT could cut rates soon
Business, Nareerat Wiriyapong, Published on 18/01/2024
» The Bank of Thailand may move before the US Federal Reserve to cut interest rates, with a Fed trim expected in June, as the Thai central bank aims to shore up the local economy, especially if the digital wallet policy is thwarted, says LGT Securities.
SET listing powers ANI's regional growth
Business, Nareerat Wiriyapong, Published on 16/12/2023
» With fresh funding mobilised from the Stock Exchange of Thailand, Asia Network International Plc (ANI) aims to expand its network of cargo general sales agents (GSAs) across Asia and beyond, partly through mergers and acquisitions.
Generali unit emphasises portfolio quality
Business, Nareerat Wiriyapong, Published on 28/10/2023
» With a 192-year history, Generali is one of the oldest insurance companies worldwide with assets under management tallying €618 billion and 82,000 employees as of last year.
Thai stocks under pressure
Nareerat Wiriyapong, Published on 10/10/2023
» The Stock Exchange of Thailand (SET) is facing fresh sell-off pressure, with the index falling close to a key resistance level of 1,430 points on Monday, due to rising global geopolitical risk amid the escalating conflict between Israel and Hamas, according to an analyst.
Leading Chinese investors to the SET
Business, Nareerat Wiriyapong, Published on 16/09/2023
» Bearish sentiment this year may prompt many investors to shy away from the Thai stock market.