Showing 31 - 40 of 118
Stocks dip as court ousts premier
Nuntawun Polkuamdee, Published on 14/08/2024
» The Stock Exchange of Thailand (SET) dipped in the afternoon session on Wednesday, wiping out the morning’s gains, as the Constitutional Court dismissed Prime Minister Srettha Thavisin over a cabinet reshuffle, though analysts said the downside would be limited.
KTB joins Gulf, AIS for virtual bank bid
Business, Nuntawun Polkuamdee, Published on 14/08/2024
» State-owned Krungthai Bank (KTB) has confirmed it plans to apply on Sept 12 for a virtual bank licence together with Gulf Energy Development, Advanced Info Service (AIS) and PTT Oil and Retail Business.
Regulator considers screening for actuaries
Business, Nuntawun Polkuamdee, Published on 12/08/2024
» The Office of the Insurance Commission (OIC) is considering a plan to set up a screening committee that can suspend or revoke the licences of actuarial mathematicians to prevent risks to insurance firms and policyholders.
Investor confidence index turns bearish in July
Nuntawun Polkuamdee, Published on 07/08/2024
» The Federation of Thai Capital Market Organizations's (Fetco) Investor Confidence Index (ICI) retreated to the bearish zone last month, dragged down by concerns over intensified geopolitical conflicts, the direction of the Federal Reserve (Fed) and Thailand's slowing economy.
Longroot loses licence to operate digital token portal
Nuntawun Polkuamdee, Published on 07/08/2024
» The Securities and Exchange Commission (SEC) has resolved to revoke the licence of Longroot (Thailand) that enabled it to operate as a digital token offering (ICO) portal service provider effective as of Monday, due to the company's failure to comply with criteria set by the regulator.
SET calls for more lawsuits to combat corporate fraud
Business, Nuntawun Polkuamdee, Published on 05/08/2024
» The Stock Exchange of Thailand (SET) has asked the Finance Ministry to amend the law to empower the Securities and Exchange Commission (SEC) to directly file lawsuits against corporate fraudsters, with the aim of ensuring high-impact cases can be sent to courts within 5-6 months.
SET eyeing more family business listings
Nuntawun Polkuamdee, Published on 02/08/2024
» The Stock Exchange of Thailand (SET) is providing an ecosystem that supports the listing of family businesses, saying the group is a strong foundation of the economy and has the potential for future growth.
SEC highlights expediting probes
Nuntawun Polkuamdee, Published on 31/07/2024
» The Securities and Exchange Commission (SEC) reiterated that expediting the investigation process concerning offences relating to the SEC Act is the regulator's priority to ensure fairness and protect investors' interests, while the measures to enhance the supervision of short-selling have reduced daily short-selling trading by almost 70%.
UOBAM expects Thai stocks to make gains in second half
Business, Nuntawun Polkuamdee, Published on 31/07/2024
» UOB Asset Management (UOBAM) expects the Stock Exchange of Thailand (SET) index to top 1,440 points in the second half of the year, and recommends investors are overweight in global bonds amid market volatility.
High hopes for beefed up Vayupak Fund
Nuntawun Polkuamdee, Published on 29/07/2024
» A new fund is projected to start investing in the Stock Exchange of Thailand (SET) in the second half of 2024, boosting the index by about 90 points, says Bualuang Securities (BS).