Showing 11 - 20 of 40
Warning issued over DeFi transactions
Business, Nuntawun Polkuamdee, Published on 18/08/2022
» The Securities and Exchange Commission (SEC) is warning investors to exercise caution when making decentralised finance (DeFi) transactions, saying there are risks and they do not fall under the supervision of the country's regulators.
Crypto buyers pummelled amid global crisis
Business, Nuntawun Polkuamdee, Published on 04/08/2022
» The number of Thai cryptocurrency trading accounts has fallen by 67% since January, according to the Securities and Exchange Commission (SEC).
SMK share price plunges on Q1 losses
Business, Nuntawun Polkuamdee, Published on 26/05/2022
» The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter.
BKI posts B3.58bn first quarter loss
Business, Nuntawun Polkuamdee, Published on 20/05/2022
» SET-listed Bangkok Insurance (BKI) reported a net loss of 3.58 billion baht for the first quarter, down 539% from a net profit of 816 million last year, after being hit by surging Covid claims.
Covid-hit SMK goes to bankruptcy court
Business, Nuntawun Polkuamdee, Published on 19/05/2022
» SET-listed Syn Mun Kong Insurance (SMK) filed a rehabilitation petition with the Central Bankruptcy Court on Tuesday after facing heavy losses from Covid-19 claims.
Listed firms poised to post B416bn profit
Business, Nuntawun Polkuamdee, Published on 02/03/2021
» Companies listed on the Stock Exchange of Thailand (SET) are expected to post a combined profit of 416 billion baht in 2020, a 53.6% drop from the year before, due to the impact of the pandemic and staggering loss of Thailand's flagship airline Thai Airways International (THAI).
IFEC confident in rehabilitation plan
Business, Nuntawun Polkuamdee, Published on 03/02/2021
» Inter Far East Energy Corporation (IFEC) announced it is ready to raise 500 million-1 billion baht and seek new partners to support further investment in alternative energy projects, as it is confident its proposed rehabilitation plan will win approval from the Central Bankruptcy Court by mid-February.
TBMA urges B50bn fund to backstop tourism debt
Business, Nuntawun Polkuamdee, Published on 09/10/2020
» The Thai Bond Market Association (TBMA) has proposed the creation of a state fund worth 50 billion baht to guarantee debentures for the tourism industry, aiming to improve liquidity for hard-hit businesses.
Gold furthers record-high winning streak
Business, Nuntawun Polkuamdee, Published on 06/08/2020
» The price of domestic gold continues to reach all-time highs as prices quoted in US dollars surge past US$2,000 an ounce, with month-to-date online gold futures logging heavy trading volume.
Tisco warns of firms in rehab
Business, Nuntawun Polkuamdee, Published on 22/05/2020
» Investing in companies undergoing business rehabilitation comes with high risk because of uncertainty over the rehabilitation process and the reduction in capital, according to Tisco Securities.