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  • BUSINESS

    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.

  • BUSINESS

    Talk of end to easy money keeps stocks subdued

    Business, Published on 03/07/2017

    » Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.

  • BUSINESS

    BoT tightens belt on consumer loans

    Business, Published on 30/06/2017

    » The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

  • BUSINESS

    US politics dent sentiment but energy shares lift set

    Business, Published on 22/05/2017

    » Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.

  • BUSINESS

    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.

  • BUSINESS

    NFC chairman calls for farming reform

    Business, Wichit Chantanusornsiri, Published on 14/11/2016

    » Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.

  • BUSINESS

    SEC hurries to acquire blockchain trading advantage

    Business, Nuntawun Polkuamdee, Published on 07/11/2016

    » The Securities and Exchange Commission (SEC) is studying the possibility of issuing licences for blockchain-based securities trading as it seeks to encourage the local stock market to gain first-mover advantage in the new technology race.

  • BUSINESS

    Opec output-cut deal provides lift for equities

    Business, Published on 03/10/2016

    » Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

  • BUSINESS

    Investors cheer central banks, Jasmine buoys set

    Business, Published on 26/09/2016

    » Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

  • BUSINESS

    SEC seeks reform for SET board

    Business, Published on 26/08/2016

    » The Securities and Exchange Commission (SEC) has sought the Finance Ministry's permission to increase the number of board seats on the Stock Exchange of Thailand (SET) to six from five as part of the stock exchange reform.

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