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BUSINESS

Manulife turns to small-cap Asian funds

Business, Nuntawun Polkuamdee, Published on 18/01/2012

» Despite the challenging economic situation in the US and Europe, many Asian countries remain strong and still exhibit steady growth, says Tor Indhavivadhana, the newly appointed chief executive of Manulife Asset Management (Thailand).

BUSINESS

UOBAM presents freehold project, property fund

Business, Nuntawun Polkuamdee, Published on 17/01/2012

» To cope with the new market landscape amid liberalisation, UOB Asset Management has launched the UOB freehold Eight Thonglor and is moving ahead with a new property fund.

BUSINESS

Thai shares join sell-off

Business, Nuntawun Polkuamdee, Published on 17/01/2012

» Thai stocks fell by 0.75% yesterday as most Asian markets closed lower on fresh worries about the European debt crisis after last week's credit downgrades of France and eight other countries.

BUSINESS

APCS sees sales gains, new outlays

Business, Nuntawun Polkuamdee, Published on 16/01/2012

» The SET-listed Asia Precision Co (APCS) predicts revenue growth of 30% to 1.1 billion baht this year, helped by a 300-million-baht investment in a new factory and machinery aimed at boosting production capacity by 20%.

BUSINESS

Tonic for turbulent times

Business, Nuntawun Polkuamdee, Published on 16/01/2012

» Two weeks ago, analysts were saying the SET index in the first quarter would ride a downward trend. A few days ago, their analysis changed tack. This recent volatility _ with the index shooting up and down 2-3% of capitalisation in a day _ is unusual.

BUSINESS

KSEC: Euro risk eases ahead of elections

Business, Nuntawun Polkuamdee, Published on 13/01/2012

» The impact of the euro-zone debt crisis which shook global markets last year seems to ease slightly as a brokerage house has revised down the possibility of a euro-zone crash to 40% from 50% previously.

BUSINESS

SET had good 2011 despite high volatility

Business, Nuntawun Polkuamdee, Published on 12/01/2012

» The Stock Exchange of Thailand recorded the highest share turnover velocity in Asean last year, reflecting the volatility of world stock markets and rapid movements of funds in and out of equities.

BUSINESS

FIDF shift carries pitfalls for commercial banking

Business, Nuntawun Polkuamdee, Published on 11/01/2012

» The banking industry continues to feel the pinch of financial debt left over from the 1997 crisis, and one analyst suggests investors avoid the sector while the political issues are sorted out.

BUSINESS

SET outlook positive on euro-zone moves

Business, Nuntawun Polkuamdee, Published on 11/01/2012

» The Stock Exchange of Thailand index is moving swiftly towards a positive trend on prospects that new remedies addressing the euro-zone crisis will take firmer shape, says SCB Securities (SCBS).

BUSINESS

THL agrees to revamp its business

Business, Nuntawun Polkuamdee, Published on 10/01/2012

» Tongkah Harbour (THL) yesterday announced it will enter into business rehabilitation under bankruptcy law in order to be allowed to resume share trading after its shares were ordered suspended in the morning session.