Showing 1 - 10 of 323
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.
Analysts see imminent return of foreign funds
Business, Nareerat Wiriyapong, Published on 28/08/2024
» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.
Risk appetite improves as US rate-cut hopes rise
Business, Published on 13/07/2024
» RECAP: Most Asian stock markets struggled for direction yesterday, but were set to post weekly gains as risk sentiment got a boost after a surprisingly soft US inflation data fuelled bets for a September interest-rate cut.
Frenzied fundraising
Nuntawun Polkuamdee, Published on 24/06/2024
» Despite the Stock Exchange of Thailand (SET) flopping this year, initial public offering (IPO) activities remain lively, with 27 companies preparing to list on the Thai bourse.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
Double A Issues Bonds with Up to 5.80% Interest
Published on 13/06/2024
» Double A is set to offer bonds 1/2024 worth up to 2.5 billion baht, with subscription open from 1-4 July 2024. The company reports continuous strong performance, with TRIS Rating giving it a BBB (Stable) rating, reflecting the business's strength.
PM blames court cases for SET decline
Published on 11/06/2024
» Prime Minister Srettha Thavisin on Tuesday admitted that the current political situation could be affecting the stock market, which hit a four-year low on Monday.