Showing 11 - 20 of 118
Gold price falls as Thai baht strengthens
Business, Nuntawun Polkuamdee, Published on 09/09/2024
» The domestic gold price has dipped by 2,000 baht per baht weight in just over a month as the Thai currency appreciated by more than 7% during the period, with the Gold Traders Association (GTA) noting prices may continue to decline if the value of the baht appreciates.
Investors rejoice in stable politics
Business, Nuntawun Polkuamdee, Published on 06/09/2024
» Thai stocks skyrocketed yesterday, posting the highest gain since March last year and breaking the 1,400-point barrier.
DBS targets wealth management growth in Thailand
Business, Nuntawun Polkuamdee, Published on 05/09/2024
» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.
Power equities benefit from strong baht
Nuntawun Polkuamdee, Published on 02/09/2024
» Power generation companies on the Stock Exchange to Thailand (SET) are benefiting from the strong baht, says Yuanta Securities Thailand, adding that retail, communications and finance stocks usually attract investment when the baht appreciates beyond 34 to the dollar.
Thailand to gain from medical tourism uptick
Business, Nuntawun Polkuamdee, Published on 31/08/2024
» Thailand, Southeast Asia's largest player in medical tourism, should benefit from industry growth globally, with the region's market expected to expand 43% to US$16 billion by 2030, according to Bumrungrad International Hospital.
Flood relief hurts listed banking firms
Business, Nuntawun Polkuamdee, Published on 30/08/2024
» The government's flood relief measures will hurt the banking and non-banking sectors on the Stock Exchange of Thailand (SET), while companies related to home repairs should benefit, say analysts.
SET aiming to be an inclusive capital market
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» The Stock Exchange of Thailand (SET) has come up with three main strategies to drive sustainable growth of the Thai capital market amid unfavourable global financial conditions and political uncertainties, with the aim of becoming an inclusive capital market.
ONEAM set to roll out new REIT fund
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» One Asset Management (ONEAM) is preparing to launch a new real estate investment trust (REIT) fund with a projected return of 7% as an alternative for investors amidst economic and political volatility both at home and abroad.
SEC eager to crack down on stock market violations
Business, Nuntawun Polkuamdee, Published on 28/08/2024
» The Securities and Exchange Commission (SEC) has vowed to tackle stock market offences more quickly by strictly enforcing the law, in an effort to restore public confidence.