Showing 61 - 70 of 2,563
Hong Kong's WeLab eyes Southeast Asia digital banks
South China Morning Post, Published on 20/06/2024
» HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines.
Shorter holding period for tax-deductible funds considered
Business, Wichit Chantanusornsiri, Published on 19/06/2024
» The Finance Ministry is considering measures to support the stock market, particularly shortening the holding period for tax-deductible stock mutual funds as an incentive for investors.
SET to enact uptick rule as of July 1
Business, Nuntawun Polkuamdee, Published on 19/06/2024
» The Stock Exchange of Thailand (SET) has confirmed it will proceed with implementing the "uptick rule", a measure aimed at regulating short-selling transactions across all securities.
SET falls on domestic political fear
Business, Published on 18/06/2024
» The Thai stock market plunged below 1,300 points in the morning session Monday, pressured by domestic political concerns as investors await the outcomes of three major legal cases set to be considered on Tuesday.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Analysts predict Thai rates likely to stay put
Business, Nareerat Wiriyapong, Published on 14/06/2024
» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.
SET fall due to govt
Oped, Postbag, Published on 14/06/2024
» Re: "PM blames court case for SET", (BP, June 11).
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Myanmar poverty deepening, says World Bank
Published on 12/06/2024
» Poverty in Myanmar is more widespread than at any time in the last six years, while economic growth in the conflict-torn country is likely to remain at 1% with little respite in sight, the World Bank said on Wednesday.