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BUSINESS

AEC gets juristic person funding, avoids capital rule snag

Business, Pathom Sangwongwanich, Published on 05/06/2020

» SET-listed AEC Securities has resolved its net capital rule problem by obtaining funding from a juristic person and has opted for a capital increase by allotting new ordinary shares to reduce future investment risk.

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BUSINESS

THAI debentures downgraded to default

Pathom Sangwongwanich, Published on 27/05/2020

» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.

BUSINESS

AEC clarifies shortfall with SEC

Business, Pathom Sangwongwanich, Published on 28/05/2020

» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.

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BUSINESS

Court accepts Pace's petition

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.

BUSINESS

Social commerce new key to survival

Business, Pathom Sangwongwanich, Published on 08/05/2020

» E-commerce is not an alternative, but a survival tactic for small businesses affected by the crisis, with social commerce accounting for 40% of total online transactions, says an e-commerce executive.

BUSINESS

Asset managers get provident fund info

Business, Pathom Sangwongwanich, Published on 09/05/2020

» The capital market regulator has notified asset management firms of a ministerial mandate to permit employers to temporarily delay or halt provident fund contributions during the coronavirus crisis.

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BUSINESS

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.

BUSINESS

TU profits fall 20.2% in Q1 from foreign turmoil

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.

BUSINESS

TMBAM initiates rebates for 4 cancelled funds

Business, Pathom Sangwongwanich, Published on 31/03/2020

» TMBAM Eastspring began allocating the first rebate of investors' money yesterday after terminating four fixed-income funds last week, with hopes the process will be completed within 90 days.

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BUSINESS

SET extends losses as virus fears batter sentiment

Pathom Sangwongwanich, Published on 12/03/2020

» Share prices dived on the Thai stock exchange on Thursday morning after the World Health Orghanization declared a global Covid-19 pandemic and the US banned the entry of travellers from mainland Europe.