Showing 51 - 60 of 2,563
SE Asia needs more renewables
Oped, Published on 04/07/2024
» Renewable energy offers Southeast Asia sustainable, affordable, and reliable power, but achieving this requires bold, decisive action. Slowing down coal phase-out ambitions would undermine these efforts.
SET index tumbles as uptick rule comes into effect
Business, Nuntawun Polkuamdee, Published on 02/07/2024
» The Stock Exchange of Thailand (SET) index fell below the psychological support level of 1,300 points on Monday on domestic political uncertainties, while market regulators imposed the uptick rule to increase their supervision of short-selling transactions.
Thailand targets high-speed traders as stocks sink
Published on 30/06/2024
» Regulators in Asia have tightened the screws on trades popular among hedge funds as stocks slumped, an attempt to stabilise markets that some worry may end up stifling key strategies.
Beware of currency storms
Business, Published on 29/06/2024
» The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signalling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.
Delta bets on hot tech sectors
Business, Nareerat Wiriyapong, Published on 29/06/2024
» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.
Quantum SDGM and MTS Gold Expand Gold Collaboration
Published on 28/06/2024
» Quantum SDGM, a new startup under the Saha Group, and MTS Gold, Thailand’s leading comprehensive gold company, are expanding their collaboration in the gold savings business. The partnership aims to produce 99.99% pure gold bars that meet international standards, supporting the Digital Gold Saving system for gold savings, gold investment, and using gold as a reserve asset for the Saha Group and its business partners.
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
Pi Securities ponders adding digital asset segment
Business, Nuntawun Polkuamdee, Published on 27/06/2024
» Pi Securities, a Thai brokerage, is considering expansion by adding a digital asset exchange and digital asset investment advisory service, potentially teaming up with partners.
Traders bullish on outlook for gold prices
Business, Nuntawun Polkuamdee, Published on 25/06/2024
» Traders expect gold prices to remain high over the next 3-5 years because of ongoing global economic uncertainty and geopolitical conflicts.
Office targets B20bn in sustainable bond sales
Wichit Chantanusornsiri, Published on 24/06/2024
» The Public Debt Management Office (PDMO) is preparing to sell 20 billion baht worth of sustainable bonds to institutional investors this year.