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INVESTMENT

Relaxed rules to draw more investors

Mongkol Bangprapa, Published on 15/06/2024

» The government will ease the necessary procedures and provide more incentives to attract foreign investors in the film, food and pharmaceutical industries.

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INVESTMENT

Govt sees $22bn investment pledges

Reuters, Published on 14/06/2024

» Thailand expects at least 800 billion baht (US$21.78 billion) worth of investment applications this year, the government said on Friday.

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INVESTMENT

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.

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INVESTMENT

BOI targets computer chip investments

Business, Lamonphet Apisitniran, Published on 13/06/2024

» The Board of Investment (BOI) is planning to increase investments in computer chips to support the rapid growth of the electric vehicle (EV) industry in Thailand, moving in tandem with the state's plan to set up a national semiconductor board.

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INVESTMENT

Ministry strips Zipmex's licences

Nuntawun Polkuamdee, Published on 12/06/2024

» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.

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INVESTMENT

Investor confidence stalls out

Business, Published on 12/06/2024

» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fourth consecutive month in May, attributed to international conflicts, inflation and baht fluctuation.

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INVESTMENT

Bitcoin drops to one-week low

Reuters, Published on 11/06/2024

» MUMBAI - Bitcoin wobbled on Tuesday in a sign of trader nerves ahead of US inflation data and the Federal Reserve's monetary-policy decision.

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INVESTMENT

Traders forecast further gains for gold

Business, Nuntawun Polkuamdee, Published on 10/06/2024

» YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.

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INVESTMENT

SET index could slip further amid BoT spat

Nareerat Wiriyapong, Published on 08/06/2024

» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.

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INVESTMENT

Bitcoin ETFs post longest run of inflows as token nears record

Bloomberg News, Published on 07/06/2024

» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.