Showing 91 - 100 of 2,475
Eastspring keen on bonds, debt
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» Eastspring Asset Management anticipates the US Federal Reserve is preparing to lower interest rates 2-4 times this year, benefiting risk assets in certain groups, including government bonds and investment-grade corporate debt securities.
CG Capital allots B10bn to fuel investments
Nuntawun Polkuamdee, Published on 17/01/2024
» CG Capital Advisory, a private equity fund belonging to the Chirathivat family, is commencing its operations with 10 billion baht in funds, targeting hospitality and real estate investments as the tourism sector continues to recover.
Regulator nixes launch of Bitcoin ETFs
Business, Nuntawun Polkuamdee, Published on 17/01/2024
» The Securities and Exchange Commission (SEC) says it does not plan to allow asset management firms to launch spot Bitcoin exchange-traded funds (ETFs) in Thailand at the moment after its US counterpart approved the establishment of 11 Bitcoin ETFs last week.
SEC considers revoking Zipmex licence
Business, Nuntawun Polkuamdee, Published on 16/01/2024
» The Securities and Exchange Commission (SEC) might consider revoking the business licence of Zipmex if the digital asset exchange operator cannot fix its liquidity problem within 15 days, as its capital fund is already below the regulator's requirement.
Local rates seen lower in 2024
Business, Nuntawun Polkuamdee, Published on 16/01/2024
» Institutional investors expect Thailand's policy interest rate to be cut by 0.25% to 2.25% this year, recommending an overweight position in fixed income assets, according to the Association of Investment Management Companies (AIMC).
Thai stock trading system poses major risk to brokerages
Nuntawun Polkuamdee, Published on 15/01/2024
» The current clearing and settlement system for securities trading of within two business days puts trading on the Stock Exchange of Thailand (SET) at risk of payment default and repeated damage, as occurred in the past, warns a veteran trading analyst.
Bonds worth B890bn due for redemption in 2024
Business, Nuntawun Polkuamdee, Published on 11/01/2024
» Some 890 billion baht worth of long-term corporate bonds are due for redemption this year, nearly all investment-grade bonds, with 73 billion baht holding maturity dates this month, says the Thai Bond Market Association (ThaiBMA).
Survey puts bourse at 1,590 by end 2024
Nuntawun Polkuamdee, Published on 10/01/2024
» The Stock Exchange of Thailand (SET) index is projected to reach 1,590 points by the end of 2024 with earnings per share (EPS) growing by more than 12% thanks to lower interest rates, says the Investment Analysts Association (IAA).
KCS recommends 11 high-dividend stocks
Nuntawun Polkuamdee, Published on 09/01/2024
» Krungsri Capital Securities (KCS) is recommending investors opt for 11 high-dividend (HD) stocks which provide dividend yields of more than 2% per year in the first two months of each year to cash in on higher capital gains from their investment.
KTB to launch 26 depositary receipts this year
Nuntawun Polkuamdee, Published on 08/01/2024
» Krungthai Bank (KTB), the leading issuer of depositary receipts (DRs) on the Stock Exchange of Thailand, is planning to issue 26 more this year, covering famous companies and the "Magnificent Seven" US stocks.