Showing 61 - 70 of 1,364
Foreigners flee Thai stocks at rapid rate
Business, Nuntawun Polkuamdee, Published on 02/03/2023
» Foreign investors were net sellers of US$1.1 billion (37 billion baht) worth of shares on the Thai stock exchange in February, the highest value among Asian bourses for the month and the biggest net sell-off on the exchange since April 2020, with several factors pressuring investments, according to analysts.
More Return sees profit plummet in 2022
Business, Nuntawun Polkuamdee, Published on 28/02/2023
» MAI-listed More Return (MORE) yesterday reported a huge drop in net profit for last year and the appointment of an acting chief executive following the resignation of Ummarit Klomchitcharoen, who has entered the investigation process into the company's alleged share price manipulation.
Listed firms refocus overseas during the pandemic
Business, Nuntawun Polkuamdee, Published on 24/02/2023
» Listed Thai companies earned 4.38 trillion baht in revenue from overseas expansion in 2021, the highest level in 16 years, as they were forced to find new markets during the Covid-19 pandemic, the latest figures from the Stock Exchange of Thailand revealed.
MORE president resigns amid trading probe
Business, Nuntawun Polkuamdee, Published on 14/02/2023
» Ummarit Klomchitcharoen, president and chief executive of More Return (MORE), on Monday informed the Stock Exchange of Thailand (SET) of his resignation after being accused of manipulating the company's share price, along with 17 others, in November last year.
SET records strong January performance
Business, Nuntawun Polkuamdee, Published on 14/02/2023
» The Stock Exchange of Thailand (SET) performed strongly in the first month of 2023, with companies continuing to mobilise funds through the bourse in various forms to expand their businesses, according to the authorities.
MORE shares dip after asset seizure request
Business, Nuntawun Polkuamdee, Published on 11/02/2023
» Shares of More Return Plc (MORE) fell after the Anti-Money Laundering Office (Amlo) decided to confiscate 4.5 billion baht worth of assets from people involved in the company’s alleged fraudulent transactions in November last year.
SEC preparing disclosure rules for crypto exchanges
Business, Nuntawun Polkuamdee, Published on 10/02/2023
» The Securities and Exchange Commission (SEC) is preparing to require cryptocurrency exchange operators to disclose the risks involved in their trade, the regulator said on Thursday.
Foreign funds flock to Asia amid economic recovery
Business, Nuntawun Polkuamdee, Published on 08/02/2023
» Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.
Abrdn rolls out new Asia equity fund
Business, Nuntawun Polkuamdee, Published on 06/02/2023
» Aberdeen Asset Management (Abrdn) is launching a new Asia equity fund focusing on Chinese and Thai stocks as it believes China's reopening will drive Thailand's tourism industry to expand substantially this year.
The search is on for new SEC leader
Business, Nuntawun Polkuamdee, Published on 04/02/2023
» The process to find a new secretary-general of the Securities and Exchange Commission (SEC) is likely to begin soon after the regulator’s board decided on Thursday not to extend the term for current boss Ruenvadee Suwanmongkol.