Showing 21 - 30 of 83
Former Zipmex executive faces charges
Business, Nuntawun Polkuamdee, Published on 09/02/2024
» The Securities and Exchange Commission (SEC) has filed a criminal complaint with the Economic Crime Suppression Division (ECD Police), accusing Akalarp Yimwilai, a former chief executive of Zipmex Thailand, of presenting false statements to the public.
Foreign capital rebounds on Thai bourse
Business, Nuntawun Polkuamdee, Published on 08/02/2024
» Foreign capital started to flow into the Thai stock market in the first week of February, tallying 7.9 billion baht in anticipation of global interest rates falling later this year, says the Stock Exchange of Thailand (SET).
Giving credit to Thai Credit's fundamentals
Business, Nuntawun Polkuamdee, Published on 03/02/2024
» Scheduled to list on the Stock Exchange of Thailand next Friday, Thai Credit Bank Plc (CREDIT) is set to become the first banking initial public offering (IPO) stock in a decade and the 12th bank listed on the bourse.
MTC targets 20% portfolio expansion
Business, Nuntawun Polkuamdee, Published on 01/02/2024
» Muangthai Capital Plc (MTC), the SET-listed provider of vehicle and personal loans, aims to grow its lending portfolio by 20% this year to 170 billion baht and curb non-performing loans (NPLs) at 3.2% of the total portfolio.
BLS touts mutual funds amid slowdown
Business, Nuntawun Polkuamdee, Published on 27/01/2024
» Investors are recommended to diversify their portfolio through mutual funds using four themes as risks of a global economic slowdown are rising, says Bualuang Securities (BLS).
Rich investors given Bitcoin green light
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» The Securities and Exchange Commission (SEC) plans to allow securities companies to offer trading of spot Bitcoin exchange-traded funds (ETFs) to institutional and high net worth (HNW) investors, but not retail investors.
Regulator nixes launch of Bitcoin ETFs
Business, Nuntawun Polkuamdee, Published on 17/01/2024
» The Securities and Exchange Commission (SEC) says it does not plan to allow asset management firms to launch spot Bitcoin exchange-traded funds (ETFs) in Thailand at the moment after its US counterpart approved the establishment of 11 Bitcoin ETFs last week.
SEC considers revoking Zipmex licence
Business, Nuntawun Polkuamdee, Published on 16/01/2024
» The Securities and Exchange Commission (SEC) might consider revoking the business licence of Zipmex if the digital asset exchange operator cannot fix its liquidity problem within 15 days, as its capital fund is already below the regulator's requirement.
Local rates seen lower in 2024
Business, Nuntawun Polkuamdee, Published on 16/01/2024
» Institutional investors expect Thailand's policy interest rate to be cut by 0.25% to 2.25% this year, recommending an overweight position in fixed income assets, according to the Association of Investment Management Companies (AIMC).
Bonds worth B890bn due for redemption in 2024
Business, Nuntawun Polkuamdee, Published on 11/01/2024
» Some 890 billion baht worth of long-term corporate bonds are due for redemption this year, nearly all investment-grade bonds, with 73 billion baht holding maturity dates this month, says the Thai Bond Market Association (ThaiBMA).