Showing 61 - 70 of 292
Regulation may affect SCB-Bitkub deal
Business, Nuntawun Polkuamdee, Published on 25/03/2022
» The Bank of Thailand's new rule to cap investment by commercial banks in digital asset businesses at under 3% of their capital may affect Siam Commercial Bank's (SCB) 17.85-billion-baht investment deal in Bitkub Online as its value exceeds the limit.
Thai bourse sees uptick as inflation worries deflate
Business, Nuntawun Polkuamdee, Published on 17/03/2022
» The Thai stock market rose 1.43% to close at 1,667.92 points on Wednesday, in line with global markets, as inflation worries eased following reports of a lower than expected US producer price index (PPI), falling crude oil prices and progress in peace talks between Russia and Ukraine.
Profits of Thai listed firms exceed analysts' forecasts
Business, Nuntawun Polkuamdee, Published on 02/03/2022
» The total net profit of Thai listed companies rose 50% to 275 billion baht year-on-year in the fourth quarter of 2021, exceeding analysts' forecast, according to Asia Plus Securities (ASPS).
Gloom lingers amid Ukraine, Covid woes
Business, Nuntawun Polkuamdee, Published on 23/02/2022
» Thai shares extended their declines on Tuesday because of intensifying tension between Russia and the West as well as surging local Covid-19 cases.
Citi upbeat on cyclical industries amid GDP dip
Business, Nuntawun Polkuamdee, Published on 12/02/2022
» Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth.
Thai large-cap stocks lure foreign funds
Business, Nuntawun Polkuamdee, Published on 11/02/2022
» Foreign funds continue to flow into Thai large-cap stocks, pushing the SET Index past 1,700 points, the highest level in two years since the Covid outbreak started at the beginning of 2020.
Southeast Life eager to promote stability
Business, Nuntawun Polkuamdee, Published on 03/02/2022
» Southeast Life Insurance recorded 34% growth in policy premiums for the first 11 months of 2021 and 70% growth in operating results in the third quarter last year, the highest in the life insurance industry, affirming the company's financial stability.
KS promotes high-dividend stock picks
Business, Nuntawun Polkuamdee, Published on 02/02/2022
» Kasikorn Securities (KS) recommends investing in high-dividend stocks to hedge against volatility in 2022, including infrastructure funds and electricity power plant stocks, which tend to generate consistent returns.
ASL-BOCT partnership eyes Thai market
Business, Nuntawun Polkuamdee, Published on 01/02/2022
» ASL Securities has signed a memorandum of understanding (MoU) with Bank of China (Thai) Plc (BOCT) to collaborate on the local distribution of Chinese investment products, including global debt instruments, stocks and IT development.
MTL expects 10% growth in premiums
Business, Nuntawun Polkuamdee, Published on 01/02/2022
» Muang Thai Life Assurance (MTL) expects its new insurance premiums to grow at least 10% this year, driven by health protection, unit-linked products and wealth management.