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Search Result for “currency”

Showing 1 - 10 of 86

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BUSINESS

ASPS predicts volatile Q3 for SET as mood wanes

Business, Darana Chudasri, Published on 02/07/2021

» The Thai stock market will continue to be challenged by the pandemic in the third quarter as economic growth remains dampened by the outbreak, while improving economies outside Thailand may depreciate the baht and cause foreign outflows, says Asia Plus Securities (ASPS).

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BUSINESS

Robust daily trading volume on TFEX

Business, Darana Chudasri, Published on 28/05/2021

» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.

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BUSINESS

Bitkub Coin debuts on exchange in stable trade

Business, Darana Chudasri, Published on 21/05/2021

» Bitkub Coin (KUB), the native digital currency of Bitkub Chain, opened at 30 baht in its debut on the exchange yesterday afternoon, garnering a substantial trading volume of about 30 million tokens within the first four hours.

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BUSINESS

SawasdeeShop eyes cryptocurrency use

Business, Darana Chudasri, Published on 23/03/2021

» SawasdeeShop, an international money changer, will ask permission from the Bank of Thailand (BoT) to use cryptocurrency as an intermediary in international money transfers and currency exchanges in order to reduce costs.

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BUSINESS

Cryptocurrency draft draws flak

Business, Darana Chudasri, Published on 26/02/2021

» A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.

BUSINESS

Zipmex sounds alarm on bitcoin bubble

Business, Darana Chudasri, Published on 11/02/2021

» Digital currencies could be in a bubble this year, with prices inflating and new investors flocking to the market, especially if prices hit 3 million baht, warns Zipmex Thailand, a local digital asset exchange.

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BUSINESS

Price breakthrough highlights bitcoin's lure

Business, Darana Chudasri, Published on 18/12/2020

» The price of bitcoin hit US$20,000 for the first time, a milestone for the world's most popular cryptocurrency, fuelled by institutional demand and the participation of Paypal, the giant global payment service provider.

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BUSINESS

Bitcoin rises to all-time high

Business, Darana Chudasri, Published on 04/12/2020

» Bitcoin surged to all-time high of US$19,857 or 589,700 baht on Bitkub, the local digital exchange, a 30% rise in a month and 177% hike in a year.

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BUSINESS

BAY foresees baht hike

Business, Darana Chudasri, Published on 02/12/2020

» The baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account surplus and the US's ultra-loose monetary policy, says Bank of Ayudhya (BAY).

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BUSINESS

Corporate bonds on a roll

Business, Darana Chudasri, Published on 12/10/2020

» Companies are offering larger amounts of corporate bonds to retails than ever in the past five years, and now may be an ideal time to take advantage of the attractive interest rates and high yields, say industry analysts.