Showing 1 - 10 of 125
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Axa turns to M&A deals to generate Thai growth
Business, Nareerat Wiriyapong, Published on 17/04/2024
» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.
Delta lays out investment plans
Business, Nareerat Wiriyapong, Published on 13/03/2024
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.
Local bourses extend trading hours
Business, Nareerat Wiriyapong, Published on 06/03/2024
» The Stock Exchange of Thailand (SET) and Market for Alternative Investment (MAI) are extending their daily trading hours from March 25, opening the afternoon session 30 minutes earlier, allowing trade on the two bourses for five hours per day.
Traders predict domestic gold price bump in May
Business, Nareerat Wiriyapong, Published on 14/02/2024
» Domestic gold prices, which peaked at 34,550 baht per baht-weight during the Chinese New Year, should be on an uptrend again in May when the Federal Reserve is expected to start cutting US interest rates, pushing global prices to US$2,100 per ounce, say traders.
Local investors adjust strategies
Business, Nareerat Wiriyapong, Published on 06/01/2024
» The majority of Thai stock investors have been forced to reconsider their strategies because of inflation and geopolitical uncertainties, although they still expect higher returns this year than last, according to a recent global survey.
Delta forecasts double-digit revenue uptick next year
Business, Nareerat Wiriyapong, Published on 22/12/2023
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, targets double-digit revenue growth next year thanks to its manufacturing expansion and product diversification.
Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
Firms urged to use more digital assets
Business, Nareerat Wiriyapong, Published on 29/07/2023
» Thailand has the potential to drive greater use of digital assets in the business sector, but a flexible and forward-looking regulatory framework is required to provide consumer safeguards and encourage innovation among operators.
Nation warned of lost opportunities
Business, Nareerat Wiriyapong, Published on 26/07/2023
» Foreign business communities in Thailand are hoping that the new government is established within one month, as the longer it is delayed the more opportunities the country will lose, according to the former chairman of the Joint Foreign Chambers of Commerce in Thailand (JFCCT).