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BUSINESS

SEC pushes for regional green finance

Business, Nuntawun Polkuamdee, Published on 06/07/2023

» The Securities and Exchange Commission (SEC) is working with other Southeast Asian countries to develop green financial products, including sustainability-linked bonds and "Asean Transition" guidelines regarding taxes, according to the Thai regulator.

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BUSINESS

SET sounds alarm on TBN speculation

Business, Nuntawun Polkuamdee, Published on 21/06/2023

» The Stock Exchange of Thailand (SET) has warned investors to carefully study available information before trading TBN Corporation shares, which debuted on the Market for Alternative Investment (MAI) on Monday.

BUSINESS

Thai ESG bond market set to increase funding

Business, Nuntawun Polkuamdee, Published on 14/06/2023

» Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).

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BUSINESS

Bitkub revenue dips 48% as crypto sinks

Business, Nuntawun Polkuamdee, Published on 12/06/2023

» Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.

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BUSINESS

TCRB eyes stock exchange listing in 2023

Business, Nuntawun Polkuamdee, Published on 05/05/2023

» Thai Credit Retail Bank (TCRB) has submitted filings to the Securities and Exchange Commission for an initial public offering (IPO) on the Stock Exchange of Thailand by the end of this year.

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BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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BUSINESS

Asian equities retreat on US slowdown worries

Business, Nuntawun Polkuamdee, Published on 22/04/2023

» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.

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BUSINESS

Asian markets rally amid thin Easter weekend trade

Business, Nuntawun Polkuamdee, Published on 08/04/2023

» RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.

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BUSINESS

Investor interest in digital assets reignited

Business, Nuntawun Polkuamdee, Published on 05/04/2023

» Digital assets have increased their appeal to investors with the economy on the verge of a recession, with Bitcoin offering the highest returns year to date, experts say.

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BUSINESS

Lingering bank worries keep lid on Asian shares

Business, Nuntawun Polkuamdee, Published on 25/03/2023

» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.