Showing 1 - 10 of 20
Bank of Thailand pushes CLMV transfers
Business, Wichit Chantanusornsiri, Published on 02/10/2018
» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.
Seeking a balance
Asia focus, Erich Parpart, Published on 01/10/2018
» As returns in Australia, Hong Kong, Japan and New Zealand shrink in the face of high demand and increased restrictions, real-estate investors in Asia are looking for new places to go, with Malaysia and Thailand among their targets.
ICOs get 30 extra days to inform SEC
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.
Draft decree on digital assets approved
Business, Published on 28/03/2018
» The cabinet approved a draft of a royal decree Tuesday to regulate digital-asset-related transactions endorsed by the Council of State.
Panel: Economy firing on all cylinders
Business, Published on 08/02/2018
» The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Fund outflows pull down Asian stocks, SET slides
Business, Published on 15/05/2017
» Recap: Most Asian stock markets dipped last week as US dollar strength led to capital outflows. The Thai stock market posted its fifth straight session of losses on Friday as brokers cut earnings growth forecasts for listed companies as the first-quarter earnings season drew to a close.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
Emerging markets revive but us rate move looms
Business, Published on 28/11/2016
» Recap: The prospect of higher US interest rates moved markets all last week, with the Dow powering above 19,000 points, though the long US dollar rally paused on Friday while gold rebounded from a nine-month low. Emerging-market shares staged their first weekly advance in more than a month, led by commodity and energy producers. European shares were little changed, oil slipped back as hopes dimmed for an Opec production cut, and US Treasuries fell.