Showing 1 - 10 of 65
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
ASPS: Big rate cut raises recession odds
Business, Nuntawun Polkuamdee, Published on 19/09/2024
» A large Federal Reserve interest rate cut this week may be followed by a US recession in the next six months, according to Asia Plus Securities (ASPS), which advised investor caution as the central bank is expected to start a programme of easing this month.
Securities and Exchange Commission sounds alarm on fraud
Business, Nuntawun Polkuamdee, Published on 18/09/2024
» The Securities and Exchange Commission (SEC) has warned investors to exercise caution when using the services of unlicensed operators selling securities, derivatives and digital assets, including foreign operators, as they could be pitching scams or fraudulent offers.
Analysts expected to raise bourse's year-end target
Business, Nuntawun Polkuamdee, Published on 10/09/2024
» The Investment Analysts Association (IAA) is expected to revise up the Stock Exchange of Thailand (SET) end of year target from the current estimate of 1,460 points, boosted by the launch of the Vayupak Fund and Thai ESG Fund, along with the new government's stimulus measures.
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.
Investors rejoice in stable politics
Business, Nuntawun Polkuamdee, Published on 06/09/2024
» Thai stocks skyrocketed yesterday, posting the highest gain since March last year and breaking the 1,400-point barrier.
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.
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.