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Search Result for “bangkok post”

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BUSINESS

Warning over OTO shares after steep drop

Business, Nuntawun Polkuamdee, Published on 15/06/2023

» The Stock Exchange of Thailand (SET) has told investors to exercise caution and study information carefully regarding the trading of One to One Contacts Plc (OTO) shares, citing irregular trading volume on June 12-13.

BUSINESS

Thai ESG bond market set to increase funding

Business, Nuntawun Polkuamdee, Published on 14/06/2023

» Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).

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BUSINESS

Tisco Asset pinpoints opportunities in H2

Business, Nuntawun Polkuamdee, Published on 13/06/2023

» Tisco Asset Management recommends Thai equity mutual funds related to the domestic economy and tourism as well as Chinese equities, US technology and dividend stocks, and US bonds for the second half of this year.

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BUSINESS

Stark enters arbitration with 2 firms

Business, Nuntawun Polkuamdee, Published on 13/06/2023

» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.

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BUSINESS

Bitkub revenue dips 48% as crypto sinks

Business, Nuntawun Polkuamdee, Published on 12/06/2023

» Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.

BUSINESS

Rejig of listing rules to aid tech, innovation

Business, Nuntawun Polkuamdee, Published on 09/06/2023

» The Stock Exchange of Thailand (SET) has adjusted listing rules for ordinary shares to help companies operating in technology and innovation-driven industries under the bio-, circular and green (BCG) economic model.

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BUSINESS

Stark case puts spotlight on mutual fund managers

Business, Nuntawun Polkuamdee, Published on 09/06/2023

» The Association of Investment Management Companies (AIMC) tried to assure investors yesterday about the selection process of mutual funds that held shares in Stark Corporation (STARK), saying the funds follow international standards when making investment decisions.

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BUSINESS

SEC issues facts on bond investment

Business, Nuntawun Polkuamdee, Published on 08/06/2023

» As Stark Corporation is projected to potentially default on the payment of bonds worth nearly 9.2 billion baht, the Securities and Exchange Commission (SEC) has released guidelines for investors to track damages.

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BUSINESS

Class action law to be used to protect Stark investors

Business, Nuntawun Polkuamdee, Published on 07/06/2023

» The Stock Exchange of Thailand (SET) and the Association of Investment Management Companies (AIMC) are preparing to use class action law to protect investors' interests as the Department of Special Investigation (DSI) probes potential fraud among former executives of Stark Corporation.

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BUSINESS

Foreigners flee Thai stocks

Business, Nuntawun Polkuamdee, Published on 07/06/2023

» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.