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Search Result for “exchange”

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BUSINESS

Bank of Thailand pushes CLMV transfers

Business, Wichit Chantanusornsiri, Published on 02/10/2018

» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.

BUSINESS

SET rises above global turmoil on election optimism

Business, Nuntawun Polkuamdee, Published on 19/09/2018

» The Stock Exchange of Thailand's resilience against external headwinds continued yesterday, with the SET index rising by 26 points, buoyed by clearer developments in the country's general election.

BUSINESS

Uncage the fintech tigers in Thailand

Business, Published on 22/05/2018

» There is a long way to go before Asian financial technology tigers can roar on the global stage and Thailand is no exception. Innovation is moving fast and regulators are struggling to keep up, which means people in Thailand are missing out on useful fintech innovations that Europeans have been benefiting from for years: whether in money remittance, wealth management or business banking.

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BUSINESS

BoT: US-China rift harm to be indirect

Business, Published on 10/04/2018

» Bank of Thailand governor Veerathai Santiprabhob rushed to ease fears about a trade stand-off between the world's top two economies, saying it would not directly hurt the country's macroeconomy as the products under threat of higher US tariffs represent a marginal proportion of the nation's shipments.

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

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BUSINESS

Jay Mart's takeover target

Business, Komsan Tortermvasana, Published on 06/12/2017

» SET-listed mobile distributor Jay Mart has announced plans to take over direct sales and consumer loan firm Singer Thailand by 2018 as it strives to strengthen its loan portfolio.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

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BUSINESS

EEP aims to list next year

Business, Yuthana Praiwan, Published on 19/08/2017

» Eastern Energy Plus Co (EEP), a local operator of waste-to-energy power plants in Samut Prakan, plans to list on the Stock Exchange of Thailand (SET) next year to raise funds for upgrading units in the province.

BUSINESS

Investors heartened by signals from Fed

Business, Published on 31/07/2017

» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.

BUSINESS

North korea and oil slump keep investors on sidelines

Business, Published on 10/07/2017

» Recap: A long-range missile launch by North Korea put investors back in risk-off mode early last week. A sharp decline in oil prices further dampened sentiment before a Friday rally on Wall Street in response to better-than-expected job figures for June. A buying spree in energy giant PTT following a recent fall and in banking stocks ahead of second-quarter earnings results helped limit losses in the Thai stock market.