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INVESTMENT

Measures approved to boost stock market with tax breaks for sustainable funds

Reuters, Published on 30/07/2024

» The government has approved measures aimed at boosting the local stock market by increasing tax breaks and reducing lockups for individuals investing in so-called sustainable funds.

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INVESTMENT

Bitcoin hits 6-week high in wake of Trump’s pro-crypto speech

Published on 29/07/2024

» Bitcoin touched its highest level since mid-June after Donald Trump expanded his pro-crypto agenda and as expectations for US Federal Reserve interest-rate cuts bolstered investor sentiment.

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INVESTMENT

High hopes for beefed up Vayupak Fund

Nuntawun Polkuamdee, Published on 29/07/2024

» A new fund is projected to start investing in the Stock Exchange of Thailand (SET) in the second half of 2024, boosting the index by about 90 points, says Bualuang Securities (BS).

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INVESTMENT

World-lagging Thai stocks see investors moving money into regional rivals

Bloomberg News, Published on 27/07/2024

» For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unravelling, and not even cheap valuations can save the day.

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INVESTMENT

Surge in investment project proposals during first half

Business, Lamonphet Apisitniran, Published on 26/07/2024

» Thailand saw a surge in investment project proposals, led by electrical appliances and electronics, during the first half of 2024, with total proposals soaring by 64% year-on-year, worth 458 billion baht, says the Board of Investment (BoI).

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INVESTMENT

Board of Investment pushes printed circuit board industry

Business, Post Reporters, Published on 25/07/2024

» The Board of Investment (BoI) will continue to promote investment in printed circuit boards (PCBs), following a significant increase in investment projects which have made Thailand a global PCB manufacturing base.

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INVESTMENT

Scandal stalks stocks

Published on 22/07/2024

» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.

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INVESTMENT

Uptick rule helping to make SET more robust

Business, Published on 20/07/2024

» The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.

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INVESTMENT

Trump media shares soar on re-election bid boost

Bloomberg News, Published on 16/07/2024

» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.