Showing 1 - 10 of 11
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.
Zipmex sounds alarm on bitcoin bubble
Business, Darana Chudasri, Published on 11/02/2021
» Digital currencies could be in a bubble this year, with prices inflating and new investors flocking to the market, especially if prices hit 3 million baht, warns Zipmex Thailand, a local digital asset exchange.
Regulator nails down capital adequacy method
Business, Darana Chudasri, Published on 05/02/2021
» The Office of Insurance Commission (OIC) has approved the revision of its capital adequacy ratio (CAR) calculation method, broadening opportunities for local insurance companies to invest in foreign assets and diversify risks during the pandemic and amid low interest rates.
MTB gets B200m capital boost for online expansion
Business, Darana Chudasri, Published on 29/01/2021
» Muang Thai Group Holding (MTGH) has injected 200 million baht into its subsidiary Muang Thai Broker (MTB) to expand its presence in the growing online insurance market, says Sara Lamsam, MTL's president and chief executive.
Prices heading sideways down
Business, Darana Chudasri, Published on 18/11/2020
» The gold price is likely to move sideways down in the short and medium term, pressured by the progress of Covid-19 vaccines, but the long term price is still expected to trend upwards, supported by global central banks' money-easing policies.
KS optimistic on bourse rebound in second half
Business, Darana Chudasri, Published on 19/07/2018
» Despite sporadic financial volatility in the domestic stock market, Thailand's bourse is projected to reach a new high this year given the general election stays on schedule for next year and the ongoing trade dispute does not escalate into a trade war, says Kasikorn Securities (KS).
Fintech outlays booming
Business, Darana Chudasri, Published on 04/11/2017
» Fintech startups in Thailand have been growing at a fast pace, from fewer than 10 to more than 100 over the past three years, thanks to funding support from financial institutions, says the Thai Fintech Association.
Pace of SET recovery under threat
Business, Darana Chudasri, Published on 26/06/2014
» The speed of the junta's execution of economic reforms is a factor in boosting the rising SET index further, but risks lie ahead that may tame the recovery of the Thai share market in the second half, says Maybank Kim Eng Securities.
SET declines 1.16% on Fed aftermath
Business, Darana Chudasri, Published on 22/02/2013
» Thailand's stock market fell sharply yesterday in line with regional markets on concerns over the US Federal Reserve signalling it may exit its loose monetary policy.
Gold back in limelight after long slump
Business, Darana Chudasri, Published on 23/10/2012
» Flush with new liquidity injected by the US Federal Reserve, mutual funds worldwide are putting gold back on the radar.