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Search Result for “ultra-luxury”

Showing 1 - 10 of 45

BUSINESS

XSpring AM lines up launch of crypto investment funds

Business, Nuntawun Polkuamdee, Published on 27/01/2026

» XSpring Asset Management (XSpring AM) is preparing to launch new investment funds with exposure to Bitcoin and commodities, targeting double-digit returns amid heightened geopolitical tensions and global macroeconomic uncertainties.

BUSINESS

BKI considers investment in EV repair garage facilities

Business, Nuntawun Polkuamdee, Published on 28/03/2025

» Bangkok Insurance (BKI), a non-life insurer majority-owned by Bangkok Bank, is studying a plan for a joint venture with Chinese investors to establish a repair garage for electric vehicles (EVs), in a bid to support the company's long-term growth potential.

BUSINESS

MFC Asset promotes initial Ethereum ETF

Business, Nuntawun Polkuamdee, Published on 19/02/2025

» MFC Asset Management is launching Thailand's first Ethereum exchange-traded fund (ETF) to invest in the world's second-largest cryptocurrency amid the boom in the asset class, rallied in part by US President Donald Trump's pro-crypto policies.

BUSINESS

Institutional investors upbeat on outlook

Nuntawun Polkuamdee, Published on 23/12/2024

» Thai institutional investors see the domestic and global economies on a promising recovery path next year, on the back of anticipated interest rate cuts, as they express growing interest in sustainable investment, a recent survey by the Association of Investment Management (AIMC) has found.

BUSINESS

Local Bitcoin funds record returns of 30%

Nuntawun Polkuamdee, Published on 02/12/2024

» Two Thai Bitcoin mutual funds have posted returns reaching 30% following their launches in June, drawing demand from investors as prices continue to spike, approaching US$100,000 following Donald Trump's victory in the US presidential election.

BUSINESS

ONEAM heads tech startup accelerator

Business, Nuntawun Polkuamdee, Published on 13/11/2024

» One Asset Management (ONEAM) is joining hands with partners to provide support to tech startups via ONE-FINEPE-UI, Thailand's first accelerator fund.

BUSINESS

Is USDT used for money laundering?

Business, Nuntawun Polkuamdee, Published on 09/11/2024

» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.

BUSINESS

ONEAM ESG fund return is the leader in its category

Nuntawun Polkuamdee, Published on 04/11/2024

» One Equity Thailand ESG Fund (ONE-THAIESG) has generated the highest return in the Thai ESG fund (TESG) category at 8.53% year-to-date, according to the fund.

BUSINESS

Younger Thais spending more on experiences, travel

Business, Nuntawun Polkuamdee, Published on 01/11/2024

» More than two in five Thai consumers (42%) are increasing their spending on essentials, while younger Thais are shifting towards experiential spending, according to UOB's latest Asean Consumer Sentiment Study (ACSS).

BUSINESS

Where to look as rates dip

Business, Nuntawun Polkuamdee, Published on 23/09/2024

» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.