Showing 1 - 10 of 14
Deposits mulled for bidder appeals
Wichit Chantanusornsiri, Published on 06/10/2018
» The Comptroller-General’s Department may require losing bidders who appeal auction results to deposit money as a way to prevent unjustified petitions that lead to delays in budget disbursement.
ICOs get 30 extra days to inform SEC
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.
Panel: Economy firing on all cylinders
Business, Published on 08/02/2018
» The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak.
Talk of end to easy money keeps stocks subdued
Business, Published on 03/07/2017
» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.
Fund outflows pull down Asian stocks, SET slides
Business, Published on 15/05/2017
» Recap: Most Asian stock markets dipped last week as US dollar strength led to capital outflows. The Thai stock market posted its fifth straight session of losses on Friday as brokers cut earnings growth forecasts for listed companies as the first-quarter earnings season drew to a close.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Farmers' leader accuses traders, thanks govt
Published on 02/11/2016
» A farmers' leader has welcomed the government's move to foil rice traders he says conspired to keep paddy prices low in expectation of making a big profit later.
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
Opec output-cut deal provides lift for equities
Business, Published on 03/10/2016
» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.