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GENERAL

SET aiming to be an inclusive capital market

Business, Nuntawun Polkuamdee, Published on 29/08/2024

» The Stock Exchange of Thailand (SET) has come up with three main strategies to drive sustainable growth of the Thai capital market amid unfavourable global financial conditions and political uncertainties, with the aim of becoming an inclusive capital market.

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OPINION

Unpacking China's global influence

Oped, Vitit Muntarbhorn, Published on 29/08/2024

» Is China an enigma? If it is difficult to decipher the country on some fronts, there are other elements which are more accessible. While it might be easy to look at its impressive growth in recent decades as diverging from other global players in key areas, there are other areas which are mutually convergent. From the multidimensional panorama of a complex world -- the "multiplex" world, a preferred approach is not to generalise too much but to analyse the specifics of our times for possible confluence.

GENERAL

ONEAM set to roll out new REIT fund

Business, Nuntawun Polkuamdee, Published on 29/08/2024

» One Asset Management (ONEAM) is preparing to launch a new real estate investment trust (REIT) fund with a projected return of 7% as an alternative for investors amidst economic and political volatility both at home and abroad.

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GENERAL

Kenya envoy says Thai investors missing out

Poramet Tangsathaporn, Published on 28/08/2024

» Thailand and African nations should promote more two-way trade, investment and academic exchanges to strengthen ties and expand business opportunities, says the Kenyan ambassador to Thailand.

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GENERAL

Income tax cuts among financial hub lures

Published on 28/08/2024

» The Ministry of Finance is likely to cut personal and corporate income tax rates for approved individuals and businesses as part of its financial hub initiative to attract foreign investment.

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INVESTMENT

Roadshow tantalises more South Korean corporations

Business, Lamonphet Apisitniran, Published on 28/08/2024

» The Board of Investment (BoI) continued to encourage more South Korean companies, including vaccine maker SK Bioscience, to expand their businesses into Thailand during its latest roadshow in Seoul.

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INVESTMENT

Analysts see imminent return of foreign funds

Business, Nareerat Wiriyapong, Published on 28/08/2024

» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.

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WORLD

Australia caps foreign student numbers to curb migration

Published on 27/08/2024

» Australia has announced plans to cap the number of foreign students at 270,000 in 2025 as part of a crackdown on migration.

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INVESTMENT

Illegal securities trading targeted

Business, Nuntawun Polkuamdee, Published on 27/08/2024

» Stock market regulators are strengthening their collaboration with the Anti-Money Laundering Office (AMLO) in the fight against illegal securities trading, in a bid to dismantle criminal economic activities and enhance investor confidence in the Thai capital market.

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GENERAL

Baht set to rise against the dollar

Business, Somruedi Banchongduang, Published on 27/08/2024

» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.