Showing 71 - 80 of 11,825
Digital token investment a hot topic
Business, Nuntawun Polkuamdee, Published on 23/08/2024
» Nineteen companies, mostly real estate and software businesses, have informed the Securities and Exchange Commission (SEC) about their interest in mobilising funding through investment tokens under the Digital Asset Act.
PTT Reports Profit and Focuses on Sustainable Growth
Published on 22/08/2024
» PTT Public Company Limited reported a net profit of 64.437 billion baht for the first half of 2024, reaffirming its commitment to becoming a globally sustainable organisation. The revenue was derived 92% from its Hydrocarbon business and 8% from Non-Hydrocarbon sectors. The company’s board approved an interim dividend payment of 0.80 baht per share for H1 2024. Including tax contributions from PTT and its subsidiaries, PTT has returned a total of 35.684 billion baht to the government, supporting Thailand’s social and economic development. Additionally, PTT has helped alleviate the public burden caused by the energy price crisis since 2020 by reducing living costs.
Two durian vendors killed in armed attack
Published on 22/08/2024
» YALA - Two durian vendors were shot dead by armed men in Bannang Sata district of this southern border province late Wednesday night.
Baht poised to reach 34 to the greenback
Business, Nareerat Wiriyapong, Published on 22/08/2024
» The baht is on course to appreciate to 34 to the dollar or an even stronger position in the near term after hitting a 13-month high yesterday as the Bank of Thailand held the policy rate at 2.5%, which could spur inflows ahead of the US Federal Reserve's next meeting in September.
10K wallet still 'to proceed'
News, Aekarach Sattaburuth, Published on 22/08/2024
» The Pheu Thai Party's flagship digital wallet handout policy is expected to proceed, with funds to be distributed in cash to vulnerable people first via the welfare card, according to a source.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
SCB WEALTH Hosts Seminar on AI and Global Investments
Published on 21/08/2024
» Dr. Yunyong Thaicharoen (4th from left), Senior Executive Vice President & Chief Wealth Banking Officer at Siam Commercial Bank, led a team in hosting the SCB FIRST Investment Outlook 2024 seminar, titled “Navigating the Investment World with Digital AI,” exclusively for the bank’s FIRST customers. The event featured notable speakers including Dr. Chalee Asavathiratham (3rd from left), Senior Executive Vice President & Chief Digital Banking Officer; Mr. Sornchai Suneta (4th from right), First Executive Vice President of the Investment Office and Product Function; Dr. Thitima Chucherd (2nd from left), Head of Macroeconomic Research, SCB EIC; and Mr. Sittichai Duangrattanachaya (3rd from right), Senior Vice President of the Investment Strategy Department, Research Group at InnovestX Securities Co., Ltd. The seminar was recently held at the Mandarin Oriental Hotel, Bangkok.
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.
Securities and Exchange Commission rejigs criteria of bond representatives
Nuntawun Polkuamdee, Published on 20/08/2024
» The Securities and Exchange Commission (SEC) has revised the qualification criteria of bond representatives, requiring them to have a registered capital of at least 25 million baht and allowing crowdfunding firms to act as bond representatives in addition to other financial institutions.
Agency maintains GDP forecast for the year
Business, Wichit Chantanusornsiri, Published on 20/08/2024
» The government's planning agency is maintaining its GDP forecast for this year but advises the government to speed up implementing measures to boost the economy and prepare the 2025 budget to address economic volatility caused by global crises.