Showing 1 - 10 of 10
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
DBS targets wealth management growth in Thailand
Business, Nuntawun Polkuamdee, Published on 05/09/2024
» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.
Thailand to gain from medical tourism uptick
Business, Nuntawun Polkuamdee, Published on 31/08/2024
» Thailand, Southeast Asia's largest player in medical tourism, should benefit from industry growth globally, with the region's market expected to expand 43% to US$16 billion by 2030, according to Bumrungrad International Hospital.
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.
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.
KTB joins Gulf, AIS for virtual bank bid
Business, Nuntawun Polkuamdee, Published on 14/08/2024
» State-owned Krungthai Bank (KTB) has confirmed it plans to apply on Sept 12 for a virtual bank licence together with Gulf Energy Development, Advanced Info Service (AIS) and PTT Oil and Retail Business.
Eastspring bullish on US tech, Indian stocks
Business, Nuntawun Polkuamdee, Published on 16/07/2024
» Eastspring Asset Management (Thailand) recommends investors maintain their focus on portfolio diversification in the second half as positive investment opportunities arise, suggesting the most attractive areas to invest in are US tech stocks and the Indian stock market.
Pi Securities ponders adding digital asset segment
Business, Nuntawun Polkuamdee, Published on 27/06/2024
» Pi Securities, a Thai brokerage, is considering expansion by adding a digital asset exchange and digital asset investment advisory service, potentially teaming up with partners.
Brokerage calls for speedy reintroduction of LTF
Business, Nuntawun Polkuamdee, Published on 21/06/2024
» Asia Plus Securities (ASPS) is calling on the Finance Ministry to speed up the unveiling of a rejigged long-term equity fund (LTF) to revive the Thai stock market, which is struggling with shrinking investor confidence partly attributed to recent political uncertainties.
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.