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GENERAL

SET calls on investors to scrutinise NUSA information

Business, Nuntawun Polkuamdee, Published on 19/07/2023

» The Stock Exchange of Thailand (SET) is urging investors to carefully study and monitor Nusasiri Plc's (NUSA) information since the additional investment in Wind Energy Holding Co (WEH) is considered a backdoor listing that must be pursued in accordance with related regulations.

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GENERAL

Miss Grand International anticipates listing on bourse

Business, Nuntawun Polkuamdee, Published on 21/07/2023

» Miss Grand International (MGI), the operator of the "Miss Grand Thailand" (MGT) and "Miss Grand International" (MGI) beauty pageants, is planning to float its shares on the Market for Alternative Investment (MAI) by the end of 2023.

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GENERAL

Asia Wealth Securities has licence revoked

Business, Nuntawun Polkuamdee, Published on 26/07/2023

» The Securities and Exchange Commission (SEC) has ordered the revocation of the derivatives business licence of Asia Wealth Securities (AWS) due to its inability to maintain qualifications as a derivatives business operator in accordance with the specified laws.

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GENERAL

InnovestX investor base bests 800,000

Business, Nuntawun Polkuamdee, Published on 27/07/2023

» InnovestX Securities, the financial investment flagship of the SCB X Group, has grown its investor base to over 800,000, representing a growth of 110% in offshore stock investors from 2021.

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GENERAL

Stocks facing pressure if government in limbo

Business, Nuntawun Polkuamdee, Published on 27/07/2023

» The Stock Exchange of Thailand (SET) index could dip to around 1,470 points if a new government cannot be formed until May 2024 when the Senate's term ends, dealing a blow to fiscal budget disbursement over the next three years.

GENERAL

Asian stocks rally after US rate increase

Business, Nuntawun Polkuamdee, Published on 28/07/2023

» The Stock Exchange of Thailand (SET) joined a rally of Asian bourses yesterday after the US Federal Reserve lifted interest rates to a 22-year high and downplayed the prospects of an American recession this year.

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GENERAL

Alert issued over surging cybercrime

Business, Nuntawun Polkuamdee, Published on 29/07/2023

» Cyberthreats are expected to cause roughly 772 billion baht's worth of damage per day to victims around the world this year, of which 85 million baht per day would be realised in Thailand, according to the Stock Exchange of Thailand's (SET) Research Department.

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Government bonds an ideal asset in H2

Business, Nuntawun Polkuamdee, Published on 31/07/2023

» Government bonds are likely to be the world's most attractive asset to invest in during the second half of 2023 because interest rates would enter a downward direction next year, says Aberdeen Asset Management (Abrdn).

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GENERAL

Gold to top $2,000 this year

Business, Nuntawun Polkuamdee, Published on 01/08/2023

» Gold prices are expected to rise above US$2,000 by the end of the year, amid expectations of an economic slowdown in the US and Europe, intense geopolitical factors, and fewer interest rate hikes, says YLG Bullion & Futures.

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GENERAL

Authorities upbeat despite SET decline

Business, Nuntawun Polkuamdee, Published on 08/08/2023

» The Stock Exchange of Thailand (SET) declined by 6.7% in the first seven months of 2023 to 1,556.06 points at the end of last month but the authorities remain optimistic for the rest of the year based on Thailand's improved economic outlook and China's stimulus measures.