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BUSINESS

ASPS: Big rate cut raises recession odds

Business, Nuntawun Polkuamdee, Published on 19/09/2024

» A large Federal Reserve interest rate cut this week may be followed by a US recession in the next six months, according to Asia Plus Securities (ASPS), which advised investor caution as the central bank is expected to start a programme of easing this month.

BUSINESS

Analysts forecast dip in leasing securities

Business, Nuntawun Polkuamdee, Published on 16/07/2021

» Profits of leasing and hire-purchase stocks will likely decline in second half this year because of the possibility that interest rate ceilings for credit card and personal loans will be lowered and asset quality risks will rise due to lockdown measures, according to SCB Securities (SCBS).

BUSINESS

TMBAM Eastspring debacle rattles market

Business, Nuntawun Polkuamdee, Published on 28/03/2020

» Two fixed-income funds of TMBAM Eastspring were a catalyst igniting a major redemption in Thailand's mutual fund industry, to the point where the selling spree nearly sparked a liquidity crunch.

BUSINESS

GH Bank targets digital service overhaul

Business, Nuntawun Polkuamdee, Published on 30/07/2018

» Inspired by Scandinavia's cashless society push, state-owned GH Bank has set its sights on becoming a digital services bank by jump-starting its mobile app and QR code payment service.

BUSINESS

REITs predicted to grow in 2018 as stocks fluctuate

Business, Nuntawun Polkuamdee, Published on 03/04/2018

» Real estate investment trust (REIT) business in Thailand will continue growing in 2018 thanks to low interest rates and a volatile stock market, says AIM REIT Management Co.