Showing 41 - 50 of 3,155
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
Cryptomind targets managing assets worth B3bn in 2024
Business, Nuntawun Polkuamdee, Published on 13/03/2024
» Cryptomind Group Holdings is targeting assets under management (AUM) for the group's digital asset fund manager to triple to 3 billion baht this year, thanks to the cryptocurrency market bull run.
SCBAM bullish on bond funds to reach AUM goal
Business, Nuntawun Polkuamdee, Published on 13/03/2024
» SCB Asset Management (SCBAM) aims to increase its assets under management (AUM) by 200 billion baht to reach 2 trillion this year by focusing on bond funds that are expected to retain high interest rates.
SEC amends rules on spot Bitcoin ETFs
Business, Nuntawun Polkuamdee, Published on 12/03/2024
» The Securities and Exchange Commission (SEC) has permitted asset management firms to launch private funds for investing in spot Bitcoin exchange-traded funds (ETFs) but only institutional investors and ultra-high-net-worth investors will be able to invest in such funds.
Breaking the glass ceiling
News, Published on 12/03/2024
» In the heart of Thailand's bustling financial hubs, Narumon Chivangkur stands as a beacon of visionary leadership in the realm of international banking. With an illustrious 28-year career at Citi, she embodies a blend of foresight, expertise, and a relentless pursuit of excellence. As the Citi Country Officer (CCO) and Banking Head of Citi Thailand, Ms Narumon is not just a trailblazer, she's a visionary shaping international banking's future in the region.
'Empower, Inspire, Transform'
News, Published on 12/03/2024
» Marking International Women's Day this month, 10 extraordinary women from a wide range of fields who have empowered, inspired and transformed change in their communities through their pursuit of excellence have been named the Bangkok Post's Women of the Year 2024.
ONEAM expects flat AUM as new tax takes effect
Business, Nuntawun Polkuamdee, Published on 12/03/2024
» One Asset Management (ONEAM) expects its total assets under management (AUM) to be flat this year as the Financial Transaction Tax, which takes effect this year, would prompt a large volume of funds to outflow from private funds.
Bitcoin price soars to B2.37m on Bitkub
Business, Nuntawun Polkuamdee, Published on 07/03/2024
» The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.
Bitcoin, gold hit record highs, marking striking market contrast
Bloomberg News, Published on 06/03/2024
» Record highs for Bitcoin and gold are threatening to send mixed messages about the appetite for risk across global markets.
Social Security Fund 'could go bankrupt in 30-40 years'
News, Onnucha Hutasingh, Published on 06/03/2024
» The Social Security Fund (SSF) could collapse in the next 30-40 years, the Labour Ministry has warned.