Showing 1 - 10 of 61
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.
DBS targets wealth management growth in Thailand
Business, Nuntawun Polkuamdee, Published on 05/09/2024
» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.
SET aiming to be an inclusive capital market
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» The Stock Exchange of Thailand (SET) has come up with three main strategies to drive sustainable growth of the Thai capital market amid unfavourable global financial conditions and political uncertainties, with the aim of becoming an inclusive capital market.
New rules to strengthen bond governance
Business, Nuntawun Polkuamdee, Published on 19/08/2024
» The Thai Bond Market Association (ThaiBMA) and the Securities and Exchange Commission (SEC) have discussed measures to protect investors from damage caused by bond investment, demanding bond issuers disclose financial terms in detail and increasing penalties for breaking the rules.
Centara awarded multiple accolades
Business, Published on 17/08/2024
» Centara Hotels & Resorts (CHR) achieved an "outstanding performance" in Institutional Investor's 2024 Asia-Pacific (ex-Japan) Executive Team rankings, securing eight prestigious awards and showcasing its excellence in multiple categories.
Startup surge
Business, Suchit Leesa-nguansuk, Published on 05/08/2024
» Major venture capitalists are eyeing huge investment opportunities in startups with the focus on artificial intelligence (AI), transformative digital healthcare, and the emerging field of so-called pink technology.
Court accepts class-action suit against Stark auditors
Published on 31/07/2024
» A Thai court will allow a class-action lawsuit against the local office of the accounting firm Deloitte over its audit of scandal-hit Stark Corporation, it said in a document on Wednesday.
Thai ESG fund tax breaks improved
Published on 30/07/2024
» The cabinet on Tuesday approved changes aimed at making Thai ESG funds more attractive, which in turn is expected to stimulate investment in the struggling Stock Exchange of Thailand.
Ailing EA seeks strategic partner
Business, Published on 16/07/2024
» Embattled Energy Absolute (EA) is seeking a strategic partner to help it with debts of 19.5 billion baht due this year, after a credit downgrading caused the SET-listed renewable energy company difficulty in mobilising fresh funds via bond issuance.
Energy Absolute stock dives as CEO quits, rating is cut on probe
Published on 16/07/2024
» Energy Absolute Plc (EA) shares plunged by the 30% daily limit on Tuesday after the founder and chief executive quit over a fraud probe and its credit rating was slashed to junk, even as the renewables company said it is seeking outside support for its business.