Showing 1 - 10 of 55
ASPS predicts volatile Q3 for SET as mood wanes
Business, Darana Chudasri, Published on 02/07/2021
» The Thai stock market will continue to be challenged by the pandemic in the third quarter as economic growth remains dampened by the outbreak, while improving economies outside Thailand may depreciate the baht and cause foreign outflows, says Asia Plus Securities (ASPS).
Robust daily trading volume on TFEX
Business, Darana Chudasri, Published on 28/05/2021
» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.
Bitkub Coin debuts on exchange in stable trade
Business, Darana Chudasri, Published on 21/05/2021
» Bitkub Coin (KUB), the native digital currency of Bitkub Chain, opened at 30 baht in its debut on the exchange yesterday afternoon, garnering a substantial trading volume of about 30 million tokens within the first four hours.
SawasdeeShop eyes cryptocurrency use
Business, Darana Chudasri, Published on 23/03/2021
» SawasdeeShop, an international money changer, will ask permission from the Bank of Thailand (BoT) to use cryptocurrency as an intermediary in international money transfers and currency exchanges in order to reduce costs.
New Cigna packages target financial stress
Business, Darana Chudasri, Published on 19/03/2021
» Cigna Insurance, the US-based global health insurer, has rolled out two new health insurance plans designed to serve financially strained customers as it looks to maintain a foothold in the Thai market.
Cryptocurrency draft draws flak
Business, Darana Chudasri, Published on 26/02/2021
» A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.
Zipmex sounds alarm on bitcoin bubble
Business, Darana Chudasri, Published on 11/02/2021
» Digital currencies could be in a bubble this year, with prices inflating and new investors flocking to the market, especially if prices hit 3 million baht, warns Zipmex Thailand, a local digital asset exchange.
Price breakthrough highlights bitcoin's lure
Business, Darana Chudasri, Published on 18/12/2020
» The price of bitcoin hit US$20,000 for the first time, a milestone for the world's most popular cryptocurrency, fuelled by institutional demand and the participation of Paypal, the giant global payment service provider.
Bitcoin rises to all-time high
Business, Darana Chudasri, Published on 04/12/2020
» Bitcoin surged to all-time high of US$19,857 or 589,700 baht on Bitkub, the local digital exchange, a 30% rise in a month and 177% hike in a year.
BAY foresees baht hike
Business, Darana Chudasri, Published on 02/12/2020
» The baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account surplus and the US's ultra-loose monetary policy, says Bank of Ayudhya (BAY).