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Search Result for “stocks”

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GENERAL

Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder

Published on 19/05/2025

» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.

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SUSTAINABILITY

Thai ESG X shakes up SET with raft of new funds

Business, Nuntawun Polkuamdee, Published on 19/05/2025

» The Thai ESG Extra (ESG X) funds launched this month are expected to promote the sustainability of Thai listed companies and help revive the Stock Exchange of Thailand (SET).

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INVESTMENT

SET has stabilised, says Pichai

Wichit Chantanusornsiri, Published on 18/05/2025

» The Thai stock market has now stabilised and there is no need for additional measures to stimulate it, Finance Minister Pichai Chunhavajira said.

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GENERAL

Asian markets cool after rally fed by trade truce

Business, Published on 17/05/2025

» RECAP: Asian markets limped into the weekend as investors consolidated gains after a week-long rally spurred by a truce in the China-US trade war.

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GENERAL

Thai ESG X to draw 40% of LTF capital

Business, Nuntawun Polkuamdee, Published on 16/05/2025

» High-income investors are likely to shift their long-term equity fund (LTF) investments to Thai ESG Extra (ESG X) funds, with roughly 40% of the 150-160 billion baht worth of outstanding LTF capital migrating to these new funds, say fund managers.

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THAILAND

EVA Air to Launch Exciting Upgrade for Inflight Wi-Fi Service this July 

Published on 15/05/2025

» TAIPEI, TAIWAN (May 14, 2025) EVA Air is set to launch a significant upgrade to its in-flight Wi-Fi service this July, offering complimentary access to “Infinity MileageLands” members across all cabin classes. Passengers can enjoy seamless connectivity when the aircraft reaches 10,000 feet cruising altitude. To promote this upgrade, EVA Air plans to roll out a limited-time summer promotion, from July 1 to September 30, 2025, allowing all passengers—members and non-members alike—onboard Wi-Fi equipped aircraft (Boeing 777-300ER, Boeing 787, and Airbus A330-300) to enjoy free unlimited web browsing Wi-Fi service. 

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INVESTMENT

SET sees support for ongoing surge

Business, Nuntawun Polkuamdee, Published on 15/05/2025

» The Thai stock market is expected to continue growing next month, supported by easing global trade tension, a downward trend for global interest rates, and inflows into Thai ESG Extra (ESG X) funds, says the Stock Exchange of Thailand (SET).

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GENERAL

SET bounce could be short-lived

Business, Published on 14/05/2025

» The upbeat reaction to US-China trade talks over the weekend is lifting the Stock Exchange of Thailand (SET), but analysts warned positive sentiment could be short-lived as pending Thailand-US trade negotiations remain a key concern.

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GENERAL

Tarrified: A bear market guide

Business, Published on 14/05/2025

» The market moves that followed Donald Trump's "Liberation Day" tariff announcements were quick and sharp, leaving many investors reeling in its aftermath. This illustrates how difficult -- even impossible -- it is to anticipate the direction of travel on any given day.

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THAILAND

Medeze Launches Partial Offer for 10% of Cordlife 

Published on 13/05/2025

» Singapore / Bangkok, 13 May 2025 – Thailand-listed Medeze Group Public Company Limited (“Medeze”), through its wholly owned subsidiary Medeze Treasury Pte. Ltd. (the “Offeror”), intends to make a voluntary conditional cash partial offer (the “Partial Offer”) to acquire 10.00% of the issued ordinary shares of Cordlife Group Limited (“Cordlife” or the “Offeree”), a Singapore-listed provider of cord blood banking services. The move signals Medeze’s first strategic step into the Singapore market, with the intention of exploring business opportunities with the Offeree to create long-term value and mutual benefit for both parties.