Showing 1 - 10 of 46
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.
Crypto here to stay
Nuntawun Polkuamdee, Published on 19/08/2024
» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.
Bitcoin halving set to reshape market
Business, Nuntawun Polkuamdee, Published on 19/04/2024
» The upcoming Bitcoin halving has the potential to reshape the digital asset industry as the four-year cyclical event restricts the influx of new Bitcoin, supports long-term price appreciation and drives institutional interest in the world's largest crypto currency, according to Gulf Binance.
Crypto owners urged to expand knowledge
Business, Nuntawun Polkuamdee, Published on 18/03/2024
» The jump in cryptocurrency prices this year is likely to attract hackers to digital assets held in Thailand, where the damage caused by hackers to digital assets tallied US$24.2 billion (867 billion baht) last year, says the Thai Digital Asset Association.
SEC greenlights new Thai crypto exchange
Business, Nuntawun Polkuamdee, Published on 17/11/2023
» Gulf Binance, the latest company to receive a digital asset business licence from the Securities and Exchange Commission (SEC), is expected to start trading cryptocurrencies in Thailand early next year amid fierce competition among nine other crypto exchanges.
Brokerages push cash as market ripples
Business, Nuntawun Polkuamdee, Published on 05/10/2023
» Investors are recommended to hold cash at roughly 20% of their portfolio amid a volatile stock market as the US bond yield rose to a 16-year high and the dollar continues to appreciate, with the market assuming the Federal Reserve will hike interest rates again this year.
Economist airs unease over B10,000 digital handout
Business, Nuntawun Polkuamdee, Published on 30/08/2023
» Economists have voiced concern over the Pheu Thai Party's planned 10,000-baht digital handout policy, predicting it could affect the value of the baht and deteriorate monetary and fiscal discipline.
Regulator orders Zipmex to clarify deal payments
Nuntawun Polkuamdee, Published on 27/03/2023
» The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.
SEC preparing disclosure rules for crypto exchanges
Business, Nuntawun Polkuamdee, Published on 10/02/2023
» The Securities and Exchange Commission (SEC) is preparing to require cryptocurrency exchange operators to disclose the risks involved in their trade, the regulator said on Thursday.