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BUSINESS

Binance unit sees Bitcoin hitting $120,000

Business, Nareerat Wiriyapong, Published on 28/11/2025

» Bitcoin is forecast to peak in the first quarter of 2026, with the price possibly reaching US$120,000, backed by continued regulatory enhancement, growing acceptance from institutional and mainstream players, and the rise of stablecoins, says the Thai unit of Binance -- the world's largest cryptocurrency exchange.

BUSINESS

ITD shares plunge amid delays in debentures payment

Nareerat Wiriyapong, Published on 09/01/2024

» Shares of Italian-Thai Development (ITD) plunged by more than 12% on Monday as the contractor said it is planning to postpone for two years the payment of its five tranches of debentures worth a combined 14.5 billion baht.

BUSINESS

Investor confidence index hits 5-month low

Business, Nareerat Wiriyapong, Published on 09/11/2023

» The Federation of Thai Capital Market Organizations' (Fetco) investor confidence index (ICI) plunged to a five-month low and returned to the bearish zone in October, weighed down by the Israel-Hamas conflict and capital outflows.

BUSINESS

Leading Chinese investors to the SET

Business, Nareerat Wiriyapong, Published on 16/09/2023

» Bearish sentiment this year may prompt many investors to shy away from the Thai stock market.

BUSINESS

Pheu Thai's digital wallet wins support

Business, Nareerat Wiriyapong, Published on 25/08/2023

» Stock market analysts are throwing their support behind the Pheu Thai Party's 10,000-baht digital wallet scheme, expecting the policy will stimulate domestic consumption and offer growth opportunities for related businesses.

BUSINESS

Delta Electronics dump weighs on SET performance

Business, Nareerat Wiriyapong, Published on 21/06/2023

» Shares of Delta Electronics plunged by nearly 20% on Tuesday, dragging down the bourse after the Stock Exchange of Thailand (SET) imposed market surveillance measures on the equity, citing unusual rises in price.

BUSINESS

Condo-backed RealX token to debut on TDX

Business, Nareerat Wiriyapong, Published on 11/05/2023

» The RealX condo-backed token is on course to become the first digital asset to be traded on the Thai Digital Assets Exchange (TDX) later this quarter, with the aim of mobilising up to 3.5 billion baht, say executives.

BUSINESS

SET suspends trading in MORE shares

Nareerat Wiriyapong, Published on 14/11/2022

» The Stock Exchange of Thailand (SET) on Monday suspended trading in More Return Plc (MORE) shares after the energy, water and property-related company was reportedly involved in irregular trading of its stock on Thursday and Friday last week.