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Search Result for “local”

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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

SEC files criminal charge against Binance

Business, Darana Chudasri, Published on 03/07/2021

» The Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance, the world's largest cryptocurrency exchange platform, for illegally operating a digital asset business without a licence under the Digital Asset Businesses Decree.

BUSINESS

Analysis consensus facing downgrade

Business, Darana Chudasri, Published on 14/07/2021

» Securities analysts have stated that analysis consensus for listed companies may be downgraded this year if the second-quarter operating results drop.

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BUSINESS

Gold prices surge 4% over Covid, baht fears

Business, Darana Chudasri, Published on 15/07/2021

» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.

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BUSINESS

Covid lump sum payouts set to be axed amid rising cases

Business, Darana Chudasri, Published on 29/06/2021

» Insurance companies will likely stop making lump sum Covid-19 insurance payments as the number of local Covid-19 cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA).

BUSINESS

TBMA eyes B1tn in corporate bond issuance for this year

Business, Darana Chudasri, Published on 23/06/2021

» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.

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BUSINESS

Corporate bond issuance to surpass B750bn target

Business, Darana Chudasri, Published on 19/05/2021

» Corporate bond issuance is expected to exceed the market's target of 750 billion baht this year because of excess liquidity in global money markets and readiness of financial intermediaries to comply with social distancing measures and remote work, says Ariya Tiranaprakit, deputy managing director of the Thai Bond Market Association (TBMA).

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BUSINESS

Bitcoin tumbles to a four-month low at B1.22mn

Business, Darana Chudasri, Published on 20/05/2021

» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.

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BUSINESS

ESG bond issuance likely to reach B100bn this year

Business, Darana Chudasri, Published on 27/05/2021

» As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).

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BUSINESS

ID check required for new crypto accounts

Business, Darana Chudasri, Published on 03/05/2021

» Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers' identities through a "dip-chip" machine that requires clients to be physically present.