Showing 1 - 10 of 140
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.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Gold price falls as Thai baht strengthens
Business, Nuntawun Polkuamdee, Published on 09/09/2024
» The domestic gold price has dipped by 2,000 baht per baht weight in just over a month as the Thai currency appreciated by more than 7% during the period, with the Gold Traders Association (GTA) noting prices may continue to decline if the value of the baht appreciates.
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.
Flood relief hurts listed banking firms
Business, Nuntawun Polkuamdee, Published on 30/08/2024
» The government's flood relief measures will hurt the banking and non-banking sectors on the Stock Exchange of Thailand (SET), while companies related to home repairs should benefit, say analysts.
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.
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.
Regulator considers screening for actuaries
Business, Nuntawun Polkuamdee, Published on 12/08/2024
» The Office of the Insurance Commission (OIC) is considering a plan to set up a screening committee that can suspend or revoke the licences of actuarial mathematicians to prevent risks to insurance firms and policyholders.
SET calls for more lawsuits to combat corporate fraud
Business, Nuntawun Polkuamdee, Published on 05/08/2024
» The Stock Exchange of Thailand (SET) has asked the Finance Ministry to amend the law to empower the Securities and Exchange Commission (SEC) to directly file lawsuits against corporate fraudsters, with the aim of ensuring high-impact cases can be sent to courts within 5-6 months.
UOBAM expects Thai stocks to make gains in second half
Business, Nuntawun Polkuamdee, Published on 31/07/2024
» UOB Asset Management (UOBAM) expects the Stock Exchange of Thailand (SET) index to top 1,440 points in the second half of the year, and recommends investors are overweight in global bonds amid market volatility.