Showing 1 - 8 of 8
Chinese firm now owns Thai brokerage
Nuntawun Polkuamdee, Published on 12/02/2024
» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.
Strategy rejig to spur ASP's income growth
Business, Nuntawun Polkuamdee, Published on 02/02/2024
» Asia Plus Group Holdings (ASP) expects revenue growth of 10-15% the next 1-3 years amid fierce competition as the brokerage adjusted its strategy to focus on wealth management and private equities, creating a balance between income and continued growth.
Tips for reading financial statements
Nuntawun Polkuamdee, Published on 10/07/2023
» The recent allegations of fraud at Stark Corporation has caused severe damage to investors.
Asian shares follow Wall Street downward
Business, Nuntawun Polkuamdee, Published on 24/12/2022
» RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.
Bank equities see plunge
Business, Nuntawun Polkuamdee, Published on 07/07/2020
» Banking equities have become the worst performing sector in Thailand's stock market, with the aggregate share price plummeting by 35% year-to-date as asset quality and profit are anticipated to deteriorate amid higher bad loan prospects.
Thitikorn closes in on Myanmar firm
Business, Nuntawun Polkuamdee, Published on 26/05/2020
» SET-listed Thitikorn (TK) is set to finalise the acquisition of a microfinance business in Myanmar next quarter, a move expected to lend support to the company's goal of having 30% of its loan portfolio come from neighbouring countries by year-end 2020.
Investors must heed filings
Business, Nuntawun Polkuamdee, Published on 04/11/2017
» Investors are urged to place greater importance on information filings with the Stock Exchange of Thailand (SET) and other relevant sources before making any investment decision, says the Securities and Exchange Commission (SEC).
Fetco asks for help on US Fatca law
Business, Nuntawun Polkuamdee, Published on 17/12/2012
» The Federation of Thai Capital Market Organizations (Fetco) has asked the Finance Ministry to have the Thai government set national measures to deal of the US Foreign Account Tax Compliance Act (Fatca), which will take effect in 2014, to make the process less complicated.