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Search Result for “thai stocks”

Showing 11 - 20 of 33

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THAILAND

Old-rice sale critics warned of legal action

Published on 14/05/2024

» Commerce Minister Phumtham Wechayachai is threatening legal action against people he says are spreading “false information” about the decade-old rice stocks the government is planning to auction off.

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INVESTMENT

Follow the yellow brick road

Nuntawun Polkuamdee, Published on 13/05/2024

» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.

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INVESTMENT

Asian shares on course for third week of gains

Business, Published on 11/05/2024

» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.

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INVESTMENT

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.

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GENERAL

CGSI targets top 3 brokerage spot

Business, Nareerat Wiriyapong, Published on 11/05/2024

» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.

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INVESTMENT

Thai stocks tipped to rebound in 2nd half

Nareerat Wiriyapong, Published on 10/05/2024

» Recovering tourism and exports, backed by a weaker baht, along with growing fiscal budget disbursement could support a rebound of the Thai stock market in the second half this year after the index lost 2.7% year-to-date, one of the worst performers globally.

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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

K-Asset favours diversification to reduce risk

Nuntawun Polkuamdee, Published on 06/05/2024

» Kasikorn Asset Management (K-Asset) expects the Thai stock market to fall in the second quarter as US inflation and interest rates slowly decrease, recommending investors diversify their risk by investing in the US and Indian stock markets.

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THAILAND

Reshuffle ruffles some

Mongkol Bangprapa, Published on 05/05/2024

» The first cabinet reshuffle under the Srettha Thavisin government aims to enhance efficiency, particularly in advancing economic stimulus initiatives, as the government plans to introduce additional populist programmes to attract votes in the next election, academics say.

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INVESTMENT

1,370 seen as a critical point for the SET

Published on 04/05/2024

» The Stock Exchange of Thailand experienced significant volatility in April. In the second week, the SET index broke above the key resistance zone between 1,400 and 1,405 after testing it for three months, reaching a monthly high of 1,411.