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Search Result for “securities”

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LIFE

Channels of kindness for flood victims

Life, Arusa Pisuthipan, Published on 16/09/2024

» Villagers in Chiang Rai are experiencing flooding that has so far affected over 9,000 families. Many people, particularly in Mae Sai district, are stranded in their homes awaiting help from rescue officers.  Meanwhile, floods and landslides are also wreaking havoc in other northern provinces, not to mention the neighbouring countries of Myanmar, Laos and Vietnam. In Chiang Mai, several people have been injured or are missing while many areas in Nan are also currently under water. The floods in Nan are reportedly the worst in 100 years.  Several organisations — public, private and foundations — have joined forces to provide relief for flood-affected victims in all areas. To help out, Life has compiled a list of places where people can donate necessities or provide financial aid.

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GENERAL

Analysts expect steady policy rate

Business, Published on 21/08/2024

» The Bank of Thailand is expected to keep the policy rate at a decade-high level of 2.5% at its meeting on Wednesday, though analysts see a higher likelihood of a rate cut this year given growing headwinds facing the Thai economy.

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GENERAL

YouTrip eager to grow regional offerings

Business, Somruedi Banchongduang, Published on 10/08/2024

» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.

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INVESTMENT

Gulf Binance aims for crypto supremacy

Nareerat Wiriyapong, Published on 11/05/2024

» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.

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GENERAL

Baht dips on US inflation figures

Business, Published on 15/02/2024

» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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BUSINESS

SEC issues facts on bond investment

Business, Nuntawun Polkuamdee, Published on 08/06/2023

» As Stark Corporation is projected to potentially default on the payment of bonds worth nearly 9.2 billion baht, the Securities and Exchange Commission (SEC) has released guidelines for investors to track damages.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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THAILAND

Predee quits finance post

News, Wichit Chantanusornsiri, Published on 02/09/2020

» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.

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BUSINESS

Thailand leads SE Asia stocks lower as Iran tensions rise

Published on 08/01/2020

» Southeast Asian equities slumped on Wednesday, with Thailand taking the biggest hit, as investors scurried from riskier assets due to rising tensions in the Middle East after Iran fired rockets at US-led forces in Iraq.