Showing 1 - 10 of 3,167
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.
China hands death sentence to ex-banker for taking bribes
South China Morning Post, Published on 29/05/2024
» BEIJING - A court in eastern China delivered a rare death sentence on Tuesday, after finding that a former senior banker accepted bribes worth more than 1.1 billion yuan (US$151 million) in his role with one of the country's top four state asset managers.
QHHRREIT Completes Conversion, Acquires New Prime Assets
Published on 29/05/2024
» QHHRREIT has successfully completed its conversion from a property fund to a real estate investment trust (REIT) and has acquired new assets, including the Centre Point Hotel and Residence Silom. This strategic move aims to enhance the trust’s sustainable revenue potential by capitalising on the recovering tourism sector and the new visa-free policy, positioning it as a high-potential hotel REIT in prime locations.
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.
KBank stays bullish on corporate loans
Business, Somruedi Banchongduang, Published on 28/05/2024
» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.
Finance Ministry to optimise portfolio
Business, Nuntawun Polkuamdee, Published on 27/05/2024
» The Finance Ministry wants to review its shareholdings in stocks, aiming to adjust its asset portfolio and sell some shares to build up state coffers.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Upbeat ETF outlook spurs Ethereum
Business, Nuntawun Polkuamdee, Published on 24/05/2024
» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.
GPF portfolio strategy shifts to handling risks
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.
The 'billions to trillions' charade
Oped, Published on 23/05/2024
» The international development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals (SDGs).