Showing 1 - 10 of 57
CKPower Strengthens Sustainability DNA with ESG Recognition
Published on 24/09/2024
» CKPower Public Company Limited or CKPower (SET: CKP), one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints, is making significant progress in building a sustainability-driven DNA across the organisation as part of its “C-K-P” strategy, which focuses on developing personnel potential. The company recently joined the “ESG DNA Project: Sustainability Knowledge Set for All Levels of Personnel”, organised by the Stock Exchange of Thailand. As one of 50 model organisations participating in the project, CKPower was awarded a certificate in recognition of its commitment. Since joining the project, 79.7 percent of CKPower’s employees have met the evaluation criteria of the courses, underscoring the company’s dedication to upholding its responsibility to stakeholders while adhering to environmental, social, and governance (ESG) principles. By embedding sustainability DNA in its personnel, CKPower ensures the application of these principles across all business processes, driving the organisation towards sustainable growth.
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Allianz Ayudhya General Insurance Assigned A- Ratings by AM Best
Published on 17/09/2024
» AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Allianz Ayudhya General Insurance Public Company Limited (AAGI) (Thailand). The outlook assigned to these Credit Ratings (ratings) is stable
Vayupak Fund offering starts soon
Business, Nuntawun Polkuamdee, Published on 10/09/2024
» The Vayupak Fund, a state investment fund, will be offered for public subscription next week, with an annual guaranteed return of 3-9% over its 10-year tenure, and will start investing in the Stock Exchange of Thailand (SET) on Oct 1.
DBS targets wealth management growth in Thailand
Business, Nuntawun Polkuamdee, Published on 05/09/2024
» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.
Singapore debates its Raffles legacy
Published on 31/08/2024
» SINGAPORE - Singapore’s prosperity has long set it apart from many other former British colonies. There is another difference, too: Singapore has clung to honouring its former colonial ruler — and it wants to keep doing so.
SET aiming to be an inclusive capital market
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» The Stock Exchange of Thailand (SET) has come up with three main strategies to drive sustainable growth of the Thai capital market amid unfavourable global financial conditions and political uncertainties, with the aim of becoming an inclusive capital market.
New rules to strengthen bond governance
Business, Nuntawun Polkuamdee, Published on 19/08/2024
» The Thai Bond Market Association (ThaiBMA) and the Securities and Exchange Commission (SEC) have discussed measures to protect investors from damage caused by bond investment, demanding bond issuers disclose financial terms in detail and increasing penalties for breaking the rules.
Centara awarded multiple accolades
Business, Published on 17/08/2024
» Centara Hotels & Resorts (CHR) achieved an "outstanding performance" in Institutional Investor's 2024 Asia-Pacific (ex-Japan) Executive Team rankings, securing eight prestigious awards and showcasing its excellence in multiple categories.
New Vayupak Fund tipped to boost stock market
Published on 13/08/2024
» The cabinet has approved in principle the establishment of the Vayupak Fund 1 valued at between 100 billion and 150 billion baht, with investment units expected to be available for purchase by September.