Showing 1 - 10 of 279
SEC tightens rules for cryptocurrency trading
Business, Nuntawun Polkuamdee, Published on 04/07/2023
» The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.
Crowdfunding booms as small firms feel the squeeze
Business, Nuntawun Polkuamdee, Published on 03/07/2023
» A Thai unit of Investree, the Asean-based financial technology company, reported 200% growth in business in the first quarter this year as small and medium-sized enterprises (SMEs) relied more on crowdfunding platforms because banks tightened their SME lending criteria.
Thai banks top Asean bad debt rankings
Business, Nuntawun Polkuamdee, Published on 30/06/2023
» Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).
Investors cautioned to avoid trading OTO stocks
Business, Nuntawun Polkuamdee, Published on 29/06/2023
» An analyst has advised investors to avoid trading One To One Contacts (OTO) stock based on price volatility, though the company was cleared by a Stock Exchange of Thailand (SET) investigation over unusual trading volume.
Jaspal prepares for SET listing this year to expand
Business, Nuntawun Polkuamdee, Published on 22/06/2023
» Jaspal, the Bangkok-based ready-to-wear clothing company, is planning to float shares on the Stock Exchange of Thailand (SET) this year to mobilise fresh funds for expansion of its fashion and lifestyle business.
Bitkub revenue dips 48% as crypto sinks
Business, Nuntawun Polkuamdee, Published on 12/06/2023
» Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.
Prudential posts record results as premiums gain
Business, Nuntawun Polkuamdee, Published on 05/06/2023
» Prudential Life Assurance (Thailand) posted record-high financial results in the first quarter of 2023, with the highest weighted first-year premiums in its history as the firm joined the country's top six insurance providers.
SEC strips Asia Wealth of securities business licence
Business, Nuntawun Polkuamdee, Published on 02/06/2023
» The Finance Ministry has revoked a securities business licence of Asia Wealth Securities (AWS), as proposed by the Securities and Exchange Commission (SEC) for misuse of client funds without permission.
SET slaps warning on Stark shares
Business, Nuntawun Polkuamdee, Published on 19/05/2023
» The Stock Exchange of Thailand (SET) plans to assign the "C" (caution) sign to shares of Stark Corporation today after the Securities and Exchange Commission (SEC) ordered the company to clarify its financial data within seven days.
Regulator sets out rules for ICO portals
Business, Nuntawun Polkuamdee, Published on 18/05/2023
» The Securities and Exchange Commission (SEC) has issued regulations governing digital token offering service providers (ICO portals), prohibiting them from acting as an ICO portal for digital token issuers that have conflicts of interest.