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BUSINESS

Faster is better

Business, Nuntawun Polkuamdee, Published on 01/10/2012

» From auction trading in 1975 to computer matching in 1991 and then SET Connect in 2012, the Stock Exchange of Thailand has now implemented three securities trading systems for investors during its 37-year history.

BUSINESS

Plenty to cheer about as FED and EU news buoys investors

Business, Nuntawun Polkuamdee, Published on 17/09/2012

» Recap: The Stock Exchange of Thailand moved up steadily as investors worldwide cheered the long-awaited arrival of QE3 in the United States and a German court ruling that clears the way for rescue spending in the euro zone. The SET Index moved in a range of 1,244.61 and 1,279.67 points and closed at 1,276.12, up 2.4% from the week before. Liquidity improved with average trading value of 36.25 billion baht, helped by turnover of 57.21 billion on Friday.

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BUSINESS

Merrill Lynch lauds Thailand's potential

Business, Nuntawun Polkuamdee, Published on 05/09/2012

» Despite the unresolved global economic crisis, Thailand is well positioned to be the centre of Southeast Asia's economic development, says Bank of America Merrill Lynch.

BUSINESS

Thoresen books huge loss on one-time item

Business, Nuntawun Polkuamdee, Published on 16/08/2012

» SET-listed Thoresen Thai Agencies (TTA) recorded a net loss for its fiscal third quarter ending in June of 2.35 billion baht, due mainly to one-time realisation of an impairment loss from its subsidiary, Unique Mining Services (UMS).

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BUSINESS

New property fund pays 7% minimum

Business, Nuntawun Polkuamdee, Published on 28/06/2012

» Quality House Hotels and Residences (QHHR), a new property fund owning three property projects, will offer a guaranteed minimum return of 7-8% for the first three years of investment, with a plan to list late next month.

BUSINESS

Maybank Kim Eng diversifies from trading

Business, Nuntawun Polkuamdee, Published on 20/06/2012

» Thailand's largest securities firm wants to reduce its dependence on trading commissions by developing wealth management and other non-brokerage lines.

BUSINESS

BTS shares see slight uptick on contract

Business, Nuntawun Polkuamdee, Published on 05/05/2012

» Shares of BTS Group Holdings rose by 2.35% yesterday after the company announced it signed a new 30-year operating contract for Bangkok's skytrain with city officials.

BUSINESS

Skytrain considers possibility of fare hikes

Business, Nuntawun Polkuamdee, Published on 02/03/2012

» BTS Group Holdings, the elevated train operator, is considering raising fares for the first time since services began more than 12 years ago, says president Keeree Kanchanapas.

BUSINESS

Manulife turns to small-cap Asian funds

Business, Nuntawun Polkuamdee, Published on 18/01/2012

» Despite the challenging economic situation in the US and Europe, many Asian countries remain strong and still exhibit steady growth, says Tor Indhavivadhana, the newly appointed chief executive of Manulife Asset Management (Thailand).