Showing 1 - 10 of 83
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.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
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.
Departing SET chief sets out challenges facing bourse
Business, Nuntawun Polkuamdee, Published on 17/09/2024
» The Stock Exchange of Thailand (SET) faces challenges amidst rapid changes in technology and competition in the global capital market, making it crucial for the bourse's management to adjust supervision appropriately to balance fundraising among investor groups and stay competitive, the outgoing chief said on Monday.
BLS recommends investors focus on mid-cap stocks
Nuntawun Polkuamdee, Published on 16/09/2024
» Listed companies in the retail, consumer, food, finance, construction, transport, tourism and medical sectors are set to benefit from the new Pheu Thai-led administration's policies, says Bualuang Securities (BLS), which advises investors to focus on mid-cap stocks.
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.