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BUSINESS

SMK share price plunges on Q1 losses

Business, Nuntawun Polkuamdee, Published on 26/05/2022

» The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter.

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BUSINESS

Stocks across Asia nosedive

Business, Nuntawun Polkuamdee, Published on 13/05/2022

» The Thai bourse plunged yesterday, in line with global stock and cryptocurrency markets, as investors worried the Federal Reserve may implement more aggressive rate hikes to tackle runaway inflation.

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BUSINESS

Bitcoin dips below $30,000 as investors skittish on Fed

Business, Nuntawun Polkuamdee, Published on 11/05/2022

» Bitcoin fell below US$30,000 on Tuesday, hitting a 10-month low amid heavy market sell-offs on concerns over the Federal Reserve's aggressive monetary tightening and recession fears.

BUSINESS

BLS sanguine on Vietnamese stocks

Business, Nuntawun Polkuamdee, Published on 05/05/2022

» Bualuang Securities (BLS) is bullish on the Vietnamese stock market despite a sharp decline of 11.6% in April, citing Vietnam's high economic growth prospects.

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BUSINESS

Creating a niche as a digital brokerage

Business, Nuntawun Polkuamdee, Published on 30/04/2022

» Amid intense competition and digital transformation, ASL Securities aims to leverage its expertise in digital brokerage services and connection with partners in various financial sectors to become the country's most comprehensive online financial institution.

BUSINESS

KTX eyes growth in new fields

Business, Nuntawun Polkuamdee, Published on 19/04/2022

» Krungthai Zmico Securities has changed its corporate name to Krungthai Xspring (KTX) under its strategy to expand into securities trading, wealth management, investment banking and intermarket trading and become a comprehensive financial and investment service provider.

BUSINESS

Q1 profits of listed firms to hit new high

Business, Nuntawun Polkuamdee, Published on 06/04/2022

» First-quarter net profits of SET-listed companies will likely reach an all-time high of 300 billion baht with an analyst suggesting better-than-expected quarterly earnings reports will help attract investment and sustain foreign inflows to the Thai bourse in the second half.

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BUSINESS

Ministry closes 2 Covid-hit insurers

Business, Nuntawun Polkuamdee, Published on 02/04/2022

» The Finance Ministry has revoked the business licences of Southeast Insurance and Thai Insurance, effective yesterday, after the two companies were declared financially incapable of paying outstanding claims, according to the Office of the Insurance Commission (OIC).

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BUSINESS

Thai bourse sees uptick as inflation worries deflate

Business, Nuntawun Polkuamdee, Published on 17/03/2022

» The Thai stock market rose 1.43% to close at 1,667.92 points on Wednesday, in line with global markets, as inflation worries eased following reports of a lower than expected US producer price index (PPI), falling crude oil prices and progress in peace talks between Russia and Ukraine.

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BUSINESS

Planned talks buoy sentiment

Business, Nuntawun Polkuamdee, Published on 11/03/2022

» Thai stocks rebounded while oil and gold stalled as planned talks between Russia and Ukraine improved market opinion.