Showing 1 - 10 of 37
UOB Thailand Unveils Green Term Deposits
Published on 24/06/2024
» UOB Thailand announces the launch of its Green Term Deposit product in Thai Baht, Singapore Dollars and US Dollars, enabling corporate and institutional clients to directly engage in supporting Environmental, Social and Governance (ESG) projects that foster environmental conservation and sustainable development.
Political risk weighs on economy
Business, Published on 24/06/2024
» Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.
Outdated laws hinder growth
Published on 24/06/2024
» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.
Political jitters and sell-offs keep SET in doldrums
Business, Published on 22/06/2024
» The Thai stock market fell the past week as investor confidence was undermined by lingering political uncertainty, with two key court cases now poised to drag on into July or beyond.
Tiny Singapore sees sudden frenzy in deals worldwide
Bloomberg News, Published on 21/06/2024
» SINGAPORE - Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia.
Brokerage calls for speedy reintroduction of LTF
Business, Nuntawun Polkuamdee, Published on 21/06/2024
» Asia Plus Securities (ASPS) is calling on the Finance Ministry to speed up the unveiling of a rejigged long-term equity fund (LTF) to revive the Thai stock market, which is struggling with shrinking investor confidence partly attributed to recent political uncertainties.
SCB EIC wary of risk to foreign investment
Business, Somruedi Banchongduang, Published on 19/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, has expressed concerns about heightened political risks undermining foreign investment in both financial and capital markets, as well as long-term foreign direct investment.
SET to enact uptick rule as of July 1
Business, Nuntawun Polkuamdee, Published on 19/06/2024
» The Stock Exchange of Thailand (SET) has confirmed it will proceed with implementing the "uptick rule", a measure aimed at regulating short-selling transactions across all securities.
Kerry Express okays capital increase plan
Business, Published on 17/06/2024
» Following a recent resolution by the board of Kerry Express (Thailand) Plc (KEX), the company approved an increase in its capital by issuing up to 2.8125 billion newly issued ordinary shares with a par value of 0.50 baht per share.
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.