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Showing 1 - 10 of 13

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INVESTMENT

SET unveils new vision to support stakeholders

Business, Nuntawun Polkuamdee, Published on 25/05/2024

» The Stock Exchange of Thailand (SET) has vowed to develop the digital capital market to complement the traditional capital market and expand opportunities for businesses of all sizes to raise funds, as the bourse aims to become a regional stock exchange.

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INVESTMENT

Upbeat ETF outlook spurs Ethereum

Business, Nuntawun Polkuamdee, Published on 24/05/2024

» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.

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INVESTMENT

Eastspring bullish on growth prospects for foreign stocks

Business, Nuntawun Polkuamdee, Published on 22/05/2024

» Eastspring Asset Management (Thailand) sees high potential for foreign stocks to grow, launching funds to invest specifically in the US and China, expecting a recovery for the latter is on the horizon.

GENERAL

Equities tipped to hit new high amid rate cut hopes

Business, Nuntawun Polkuamdee, Published on 17/05/2024

» Global stocks, especially on the US exchanges, could hit an all-time high in the second quarter as investors are expected to embrace riskier assets after concerns ease over the Federal Reserve's interest rate actions, says Thai wealth management platform Finnomena.

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GENERAL

Aberdeen anticipates stock market recovery in second half

Business, Nuntawun Polkuamdee, Published on 16/05/2024

» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.

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INVESTMENT

Rejig of incentives sought to encourage investment

Business, Nuntawun Polkuamdee, Published on 09/05/2024

» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.

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INVESTMENT

Bourse chief application period extended

Business, Nuntawun Polkuamdee, Published on 01/05/2024

» The Stock Exchange of Thailand (SET) is extending the application period for president of the bourse by 15 days to May 15 after no one applied for the position, attributed to the sluggish performance of the exchange.

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GENERAL

KPI predicts flat revenue growth this year

Business, Nuntawun Polkuamdee, Published on 25/04/2024

» Krungthai Panich Insurance (KPI) is aiming for total revenue of 5.3 billion baht this year, on a par with 2023, while preparing for an image rebrand and ramping up technology investment to attract interest from young customers.

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INVESTMENT

Bourse reshapes liquidity criteria

Business, Nuntawun Polkuamdee, Published on 19/04/2024

» The Stock Exchange of Thailand (SET) plans to revise liquidity criteria for securities to enter the SET50 and SET100 indices, with the revised criteria subject to a public hearing until April 26.

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INVESTMENT

Bitcoin halving set to reshape market

Business, Nuntawun Polkuamdee, Published on 19/04/2024

» The upcoming Bitcoin halving has the potential to reshape the digital asset industry as the four-year cyclical event restricts the influx of new Bitcoin, supports long-term price appreciation and drives institutional interest in the world's largest crypto currency, according to Gulf Binance.