Showing 1 - 10 of 29
Thai SEC approves first Bitcoin fund
Business, Nuntawun Polkuamdee, Published on 04/06/2024
» The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand, which is limited to wealthy and institutional investors.
Cryptocurrencies picked for bull run year
Nuntawun Polkuamdee, Published on 03/06/2024
» This year is considered "golden" for cryptocurrencies after the US Securities and Exchange Commission (SEC) approved eight funds that plan to launch spot Ethereum exchange-traded funds (ETFs), according to analysts, with the bull run continuing in the second half based on strong interest from institutional investors.
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Light at the end of the tunnel for global economy
Business, Published on 01/06/2024
» Entering the middle of the second quarter, the world economy has begun to signal a more coordinated recovery. Preliminary composite Purchasing Managers' Index (PMI) readings for May recovered in the US, the euro zone, Japan and other large economies, indicating global economic growth is expanding more broadly.
AWS to launch data centre region early next year
Business, Suchit Leesa-nguansuk, Published on 31/05/2024
» Amazon Web Services (AWS), the cloud computing arm of Amazon, is ready to launch its new data centre region in Thailand by early next year as part of a commitment announced in 2022.
Google pledges $2 billion investment in Malaysia
Reuters, Published on 30/05/2024
» KUALA LUMPUR - Google committed to making US$2 billion in investments in Malaysia, including its first data centre and Google Cloud effort in the region.
SEC confirms health of the securities industry
Business, Nuntawun Polkuamdee, Published on 30/05/2024
» The Securities Exchange and Commission (SEC) has verified the securities industry remains strong, with every company having adequate capital funds as required by law, and 98% of them having minimum funds two times above the requirement.
Strong first quarter for listed companies
Business, Nareerat Wiriyapong, Published on 29/05/2024
» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.
Thai duo unite for US private credit
Business, Nuntawun Polkuamdee, Published on 29/05/2024
» Krungthai Asset Management (KTAM) has joined hands with Kiatnakin Phatra Securities (KKPS) to launch private funds in the US, aiming to capture high returns in the growing private credit business there, says KTAM chief executive Chavinda Hanratanakool.