Showing 1 - 7 of 7
Analysts see imminent return of foreign funds
Business, Nareerat Wiriyapong, Published on 28/08/2024
» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.
UOB, Prudential unveil investment-linked life insurance policy
Business, Nareerat Wiriyapong, Published on 12/07/2024
» Singapore-based United Overseas Bank (UOB) is strengthening its regional partnership with multinational insurer Prudential by launching Thailand's first investment-linked life insurance policy that locks in the highest net asset value (NAV) over the contract's lifetime.
SET index expected to plunge amid court cases
Business, Nareerat Wiriyapong, Published on 05/07/2024
» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).
New state investment fund planned
Business, Nareerat Wiriyapong, Published on 26/06/2024
» Stock analysts are throwing their support behind the Finance Ministry's plan to set up a new fund to invest in Thai shares, saying it could increase trading in the fourth quarter.
Govt unveils plan to boost SET
News, Nareerat Wiriyapong, Published on 25/06/2024
» The Finance Ministry and stock market regulators on Monday announced measures to revitalise the sluggish Stock Exchange of Thailand (SET) index, yet they played down a request from stock analysts to revive the tax-incentive long-term equity funds (LTFs).
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
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.