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Search Result for “bangkok post”

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BUSINESS

Robust daily trading volume on TFEX

Business, Darana Chudasri, Published on 28/05/2021

» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.

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BUSINESS

ESG bond issuance likely to reach B100bn this year

Business, Darana Chudasri, Published on 27/05/2021

» As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).

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BUSINESS

Covid-related claims could hit B3bn as cases continue to rise

Business, Darana Chudasri, Published on 26/05/2021

» Total claims from Covid-19 insurance could soar to 3 billion baht this year as daily infections continue to rise, says Thai General Insurance Association (TGIA) president Anon Vangvasu.

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BUSINESS

SPV77 ready to raise B2.4bn in ICO

Business, Darana Chudasri, Published on 22/05/2021

» SPV77 Co Ltd plans to raise 2.4 billion baht through the launch of 240 million real estate-backed digital tokens, priced 10 baht each, in Thailand's first initial coin offering (ICO) filed for approval with the Securities and Exchange Commission (SEC).

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BUSINESS

Bitkub Coin debuts on exchange in stable trade

Business, Darana Chudasri, Published on 21/05/2021

» Bitkub Coin (KUB), the native digital currency of Bitkub Chain, opened at 30 baht in its debut on the exchange yesterday afternoon, garnering a substantial trading volume of about 30 million tokens within the first four hours.

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BUSINESS

Bitcoin tumbles to a four-month low at B1.22mn

Business, Darana Chudasri, Published on 20/05/2021

» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.

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BUSINESS

Corporate bond issuance to surpass B750bn target

Business, Darana Chudasri, Published on 19/05/2021

» Corporate bond issuance is expected to exceed the market's target of 750 billion baht this year because of excess liquidity in global money markets and readiness of financial intermediaries to comply with social distancing measures and remote work, says Ariya Tiranaprakit, deputy managing director of the Thai Bond Market Association (TBMA).

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BUSINESS

Covid insurance continues surge in April

Business, Darana Chudasri, Published on 14/05/2021

» Accumulated Covid insurance premiums spiked by 2.2 billion baht from 6.45 million policies in April, driving the total premiums received to 7.15 billion baht over 14 months since the beginning of the pandemic.

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BUSINESS

BROOK cryptocurrency filing a first

Business, Darana Chudasri, Published on 13/05/2021

» The Brooker Group's (BROOK) unprecedented filing to the Securities and Exchange Commission regarding its investment in cryptocurrencies marked the first time a Thai-listed company publicly announced its cryptocurrency holdings amid growing concerns over investment risks associated with these emerging assets.

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BUSINESS

TQM posts dip in Covid insurance

Business, Darana Chudasri, Published on 12/05/2021

» TQM Corp's average daily sales for Covid-19 insurance dropped to about 10,000-20,000 policies in May, a level expected to continue until June as health concerns intensify amid the outbreak, says Napassanun Punnipa, TQM's chief executive.