Showing 1 - 10 of 11
Stocks dip as court ousts premier
Nuntawun Polkuamdee, Published on 14/08/2024
» The Stock Exchange of Thailand (SET) dipped in the afternoon session on Wednesday, wiping out the morning’s gains, as the Constitutional Court dismissed Prime Minister Srettha Thavisin over a cabinet reshuffle, though analysts said the downside would be limited.
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
Foreigners return amid uptick rule
Business, Nuntawun Polkuamdee, Published on 09/07/2024
» Foreign investors returned from net selling of 15 billion baht in June to net buying of nearly 5 billion baht last week, as the uptick rule took effect on July 1, resulting in a decrease in short selling to 1.5 billion baht per day from an average of 6.2 billion last month.
Frenzied fundraising
Nuntawun Polkuamdee, Published on 24/06/2024
» Despite the Stock Exchange of Thailand (SET) flopping this year, initial public offering (IPO) activities remain lively, with 27 companies preparing to list on the Thai bourse.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
EEC ID system set for September launch
Business, Komsan Tortermvasana, Published on 20/02/2024
» The Eastern Economic Corridor Office (EECO) aims to launch the EEC ID system by September as an additional part of the existing EEC visa scheme which will further ease the burden of foreign investors and workers in the 35 promoted zones in the three EEC provinces.
Another stab at extending SET trading hours
Nuntawun Polkuamdee, Published on 19/10/2023
» The Stock Exchange of Thailand (SET) is planning to conduct a feasibility study and hold a public hearing on extending trading hours in an attempt to increase trading volume and value, which have declined this year.
BOI expands LTR visa opportunities for highly-skilled professionals
Published on 27/09/2023
» Back in September 2022, the Thai government through the Board of Investment (BOI) launched the Long-term Resident (LTR) visa program with the intention to attract potential foreign individuals seeking to settle down in Thailand, whether for work opportunities or retirement. This strategic move is aimed to usher in a new wave of foreign direct investments (FDI) and knowledge-transferable experts to further stimulate Thailand's economic growth.
Investor confidence remains neutral
Business, Nuntawun Polkuamdee, Published on 11/08/2023
» The investor confidence index (ICI) remained in neutral territory last month as uncertainty over a new government and announcements on implementing the financial transaction tax undermined sentiment, says the Federation of Thai Capital Market Organizations (Fetco).
Asian shares subdued as rate worries resurface
Business, Published on 22/07/2023
» RECAP: Asian shares were subdued yesterday after Wall Street retreated on fresh signs of US labour-market resiliency, which could support another increase in interest rates after an expected move next week.