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Search Result for “exchange”

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BUSINESS

SEC tightens rules for cryptocurrency trading

Business, Nuntawun Polkuamdee, Published on 04/07/2023

» The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.

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BUSINESS

Shares rise on hopes for stimulus in China

Business, Published on 01/07/2023

» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.

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BUSINESS

Q1 household debt hits B16tn

Business, Somruedi Banchongduang, Published on 01/07/2023

» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.

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BUSINESS

IMF and Pakistan reach $3 billion stand-by deal

AFP, Published on 30/06/2023

» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.

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BUSINESS

Stark mulls major moves to retain listed status

Business, Nareerat Wiriyapong, Published on 30/06/2023

» Financially ailing Stark Corporation is considering filing for court-supervised capital and debt restructuring, divesting shares in non-core subsidiaries, and increasing registered capital in order to retain its status as a listed company.

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BUSINESS

DIF Web Portal ushers in electronic bond offerings

Business, Post Reporters, Published on 30/06/2023

» The Stock Exchange of Thailand (SET) has joined forces with the Association of Thai Securities Companies and the Thai Bankers' Association to launch a digital infrastructure for fully electronic end-to-end bond offerings.

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BUSINESS

SC Asset Aims to Become the Go-To Condo Brand for the Younger Generation with Its Inclusive "Everybody's High-Rise" Philosophy

Published on 30/06/2023

» SC Asset Corporation Public Company Limited (SC), a leading high end luxury to economy real estate developer listed on The Stock Exchange of Thailand (SET), targets being Thailand’s ‘top-of-mind’ condominium brand among all segments, particularly young generations, by launching new condominium brands, taking “Everybody’s high-rise” as its brand philosophy as part of its 5-year business growth roadmap.

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BUSINESS

Debt-stricken Stark seeks way to avoid delisting

Bloomberg News, Published on 29/06/2023

» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.

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BUSINESS

SEC files complaint for MORE share scam

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).

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BUSINESS

Investors cautioned to avoid trading OTO stocks

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» An analyst has advised investors to avoid trading One To One Contacts (OTO) stock based on price volatility, though the company was cleared by a Stock Exchange of Thailand (SET) investigation over unusual trading volume.