Showing 1 - 10 of 21
TBMA eyes B1tn in corporate bond issuance for this year
Business, Darana Chudasri, Published on 23/06/2021
» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.
Life premiums gain 3.25% to B196bn in first 4 months
Business, Darana Chudasri, Published on 04/06/2021
» Total life insurance premiums grew 3.25% year-on-year to 196 billion baht in the first four months this year, thanks to 41.7% growth in single premiums requiring buyers to make a one-time payment.
Blockchain regulation a tough task despite great potential
Business, Darana Chudasri, Published on 31/05/2021
» Utility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised.
Investree sets up SME debenture funnel
Business, Darana Chudasri, Published on 18/03/2021
» Investree Thailand, a debenture-based crowdfunding platform in partnership with Investree Radhika Jaya (Indonesia), aims to be a matchmaking platform for small and medium-sized enterprises (SMEs) to launch short-term debentures worth a combined US$1 million per month this year, cracking the market for retail borrowing.
High-yield bonds back in style
Business, Darana Chudasri, Published on 17/07/2020
» The high-yield bond market, consisting of non-investment-grade bonds offering above-market returns to compensate for higher investment risk, has begun to pick up again after nearly drying up in the first half due to Covid-19 impact, says Asia Plus Securities (ASP).
Asia Capital defaults on B689m debt
Business, Darana Chudasri, Published on 26/06/2020
» MAI-listed Asia Capital Group Plc (ACAP) has defaulted on the repayment of debentures worth 689.40 million baht, subsequently resulting in a cross-default involving other debts totalling 1.89 billion baht.
7 listed firms extend debenture maturity
Business, Darana Chudasri, Published on 04/06/2020
» Seven listed companies have extended their debenture maturity dates by 6-24 months during the Covid-19 pandemic as weak sales caused a liquidity crunch among businesses.
An expensive lesson
Business, Darana Chudasri, Published on 05/03/2020
» Some investors are hooked on investing in high-yield corporate bonds amid the low interest rate environment. But the Energy Earth saga serves as a reminder of how an investment could yield nothing but a painful experience of deception and slow legal prosecution.
Corporate debentures set to thrive
Business, Darana Chudasri, Published on 17/01/2020
» Debenture issuance by corporates is projected to remain high this year, while rollover risk is unlikely because most long-term debentures are certified with investment grades, says the Thai Bond Market Association (TBMA).
High-yield bonds could dip next year
Business, Darana Chudasri, Published on 11/12/2019
» Issuance of debt securities offering high yields could lessen going forward because of the stricter issuance regulations and greater caution caused by previous defaults, says the Thai Bond Market Association (TBMA).