Showing 1 - 10 of 86
SET Index posts 0.7% rise in May
Business, Darana Chudasri, Published on 09/06/2021
» The SET Index in May rose 0.7% from the previous month to close at 1,539.59 points, with gains in manufacturing, exports and commodity shares partially offset by the worsening pandemic.
SEC seeks to regulate decentralised finance
Business, Darana Chudasri, Published on 01/06/2021
» Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.
Bitcoin tumbles to a four-month low at B1.22mn
Business, Darana Chudasri, Published on 20/05/2021
» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.
BROOK cryptocurrency filing a first
Business, Darana Chudasri, Published on 13/05/2021
» The Brooker Group's (BROOK) unprecedented filing to the Securities and Exchange Commission regarding its investment in cryptocurrencies marked the first time a Thai-listed company publicly announced its cryptocurrency holdings amid growing concerns over investment risks associated with these emerging assets.
Gold sell-off as dollar woos
Business, Darana Chudasri, Published on 29/03/2021
» Gold saw a huge sell-off on Friday after investors moved to the US dollar, which hit a four-month high on Thursday, weighing on alternative assets to the dollar such as gold and cryptocurrencies.
TLAA wants OIC to widen insurers' investment options
Business, Darana Chudasri, Published on 12/10/2020
» The Thai Life Assurance Association (TLAA) has requested the Office of the Insurance Commission (OIC) study the feasibility of allowing insurers to invest in a wider range of funds and bonds to take advantage of the low-interest-rate environment.
Thaire maintains 10% growth target
Business, Darana Chudasri, Published on 24/08/2020
» SET-listed Thaire Insurance, a local reinsurer, is maintaining its target of 10% annual revenue growth over the next three years, driven by growing public concern over health protection during the coronavirus pandemic.
Experts offer gold guidance
Business, Darana Chudasri, Published on 15/08/2020
» The domestic gold price rebounded after hitting a three-week low Wednesday, with experts advising long-term investors to sell at a profit once the price exceeds the fundamental value.
AIA turns to investment management
Business, Darana Chudasri, Published on 11/08/2020
» AIA Thailand, the country's largest life assurance company, has formed an investment management subsidiary, making it Thailand's third largest in terms of assets managed at 847 billion baht.
Third quarter crucial for signs of recovery
Business, Darana Chudasri, Published on 29/07/2020
» After Thailand's stock exchange took an unprecedented beating in the first half this year, analysts and traders are looking to the third quarter to see if the country can rebound quickly or will continue to flounder from the pressure of low exports and lethargic tourism.