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BUSINESS

Securities and Exchange Commission moves to protect Thai assets on Upbit Exchange

Nareerat Wiriyapong, Published on 29/11/2025

» The Securities and Exchange Commission (SEC) has taken steps to ensure cryptocurrency deposited with Upbit Exchange (Thailand) is safe after its South Korean parent became the latest exchange to suffer an attack, resulting in the loss of roughly 54 billion won (US$36.8 million).

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BUSINESS

Binance unit seeks TouristDigiPay partners

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

» The Thai unit of the world's largest cryptocurrency exchange Binance is seeking local partners as the company is keen to participate in TouristDigiPay, a regulatory sandbox programme that allows foreign tourists to convert digital assets into baht to spend in Thailand.

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BUSINESS

Conditions align for gold price spike

Business, Nareerat Wiriyapong, Published on 04/09/2025

» Domestic gold prices are on course to surpass the previous record high of 54,800 baht per baht-weight set on April 22, as global prices could hit US$3,600 per tonne later this year after bullion set a new record high on uncertainties surrounding Trump tariffs and US interest rate cuts.

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BUSINESS

Analysts: War threatens Thai economy

Business, Nareerat Wiriyapong, Published on 30/06/2025

» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.

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BUSINESS

Airports of Thailand shares continue to fall

Nareerat Wiriyapong, Published on 16/06/2025

» Shares in Airports of Thailand (AOT) continued to plunge on Monday as the company said it would negotiate with King Power Duty Free (KPD) within 45 days after the latter requested a possible termination of a duty-free concession contract at five airports.

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BUSINESS

Chinese EV maker Neta woes pose threat to Thai car dealers

Nareerat Wiriyapong, Published on 09/06/2025

» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).

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BUSINESS

Stimulus measures set to revive stocks

Business, Nareerat Wiriyapong, Published on 27/05/2025

» Business executives have expressed optimism that the underperforming Thai stock market could see a significant improvement in the second half of 2025, based on their hopes that the government's stimulus measures have been effectively implemented to address the country's economic weakness.

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BUSINESS

KEX Express shares jump 20% on delisting news

Nareerat Wiriyapong, Published on 02/05/2025

» Shares of KEX Express (Thailand), formerly known as Kerry Express, jumped nearly 20% on Friday after it announced plans to delist from the Stock Exchange of Thailand on completion of a tender offer by major shareholder SF International Holding (Thailand), or SFTH.

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BUSINESS

ITD, property lead drop in Thai stock market

Business, Nareerat Wiriyapong, Published on 01/04/2025

» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.

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BUSINESS

SET delists securities of ALL, Stark and World

Business, Nareerat Wiriyapong, Published on 15/08/2024

» The Stock Exchange of Thailand (SET) is delisting the securities of All Inspire Development (ALL), Stark Corporation and World Corporation because they were unable to resolve the grounds for delisting, or to meet the qualifications to resume trading within the specified deadline.