Showing 1 - 10 of 24
Thai SEC approves first Bitcoin fund
Business, Nuntawun Polkuamdee, Published on 04/06/2024
» The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand, which is limited to wealthy and institutional investors.
Measures lined up to revive stock market
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Three capital market organisations will meet on Tuesday to reach a final conclusion on the tax-deductible funds they want to propose to the Finance Ministry, hoping to revive investments in good fundamental stocks in the Thai stock market.
K-Asset favours diversification to reduce risk
Nuntawun Polkuamdee, Published on 06/05/2024
» Kasikorn Asset Management (K-Asset) expects the Thai stock market to fall in the second quarter as US inflation and interest rates slowly decrease, recommending investors diversify their risk by investing in the US and Indian stock markets.
SET touts dividend stocks amid volatility
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Given global volatility and high interest rates, many investors are searching for investments with stable returns.
Trinity picks winners of expected rate cut
Nuntawun Polkuamdee, Published on 08/04/2024
» Trinity Securities recommends investors opt for tourism, healthcare, commerce, consumer and export stocks, saying these sectors should be the major beneficiaries of an expected cut in interest rates in the second quarter, as well as fiscal policy to spur economic growth.
Listed companies' 2023 dividends tally 593bn
Business, Nuntawun Polkuamdee, Published on 22/03/2024
» More than 580 listed Thai companies on the Stock Exchange of Thailand (SET) paid combined dividends worth 593 billion baht last year, down from 611 billion in 2022, mainly attributed to lower profits.
Bitcoin price soars to B2.37m on Bitkub
Business, Nuntawun Polkuamdee, Published on 07/03/2024
» The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.
Crypto traders urged to prepare for bull run
Nuntawun Polkuamdee, Published on 24/02/2024
» Investors should exercise caution when trading cryptocurrencies and prepare for risks as the market is entering a bull run year in 2024, says Suppakrit Boonsat, director of Thai Digital Asset Association.
Foreign investment funds tipped to expand
Business, Nuntawun Polkuamdee, Published on 20/02/2024
» Krungsri Asset Management (KSAM) expects foreign investment funds (FIFs) to continue to grow in 2024 as Thailand's gross domestic product (GDP) expands less than other economies in the region, while the volatile local bourse is without a clear growth outlook.
New digital tokens likely to be launched via TDX
Nuntawun Polkuamdee, Published on 05/02/2024
» The Thai Digital Assets Exchange (TDX), a digital token exchange under the aegis of the Stock Exchange of Thailand (SET), is pioneering the business and expects more new tokens this year after the regulator initiated a clear policy to support them.