Showing 21 - 30 of 195
Asian equities revive after slow start to 2025
Business, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
CP Axtra shares put on fund managers’ watch list
Business, Nuntawun Polkuamdee, Published on 26/12/2024
» The Association of Investment Management Companies (AIMC) has resolved to include CP Axtra (CPAXT) shares on the watch list (WL) for Thai ESG and Thai CG mutual funds, given concerns over corporate governance regarding the company's recent multibillion-baht investment.
Bank of Thailand unfazed by board chief delay
Business, Published on 25/12/2024
» Any delays in selecting a new board chairman for the Bank of Thailand is unlikely to impact the central bank's operations and overall banking industry, as the chairman's role primarily focuses on internal operations rather than shaping the bank's policies, according to experts and economists.
Foreigners dump Thai bonds as BoT signals no further rate cuts
Bloomberg News, Published on 24/10/2024
» Selling of Thai government bonds may extend as political risks mount and the central bank damps prospects of further interest-rate cuts. Foreign funds have pulled over US$850 million from baht bonds in October, set for the biggest monthly outflow since August last year, according to Thai Bond Market Association data.
Pundits advocate stability at Bank of Thailand
Business, Post Reporters, Published on 09/10/2024
» Economists and leading executives are calling on the new Bank of Thailand (BoT) board chairman to maintain stability of the financial system and ensure the country can tackle its economic challenges.
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.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
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.
Big names chase virtual bank licences
Published on 19/09/2024
» Competition for new virtual bank licences has intensified, with five major business groups confirming their intentions prior to the deadline for submissions on Thursday.
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.