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GENERAL

Media firm MONO threatens to sue over SET warning

Business, Nuntawun Polkuamdee, Published on 05/12/2024

» Mono Next Plc (MONO) is considering legal action against the Stock Exchange of Thailand (SET), saying the bourse's announcement on Dec 3 about irregular trading of the digital TV operator's shares caused unnecessary panic among investors and affected its share price.

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GENERAL

SET poised to witness volatile first half in 2025

Business, Nuntawun Polkuamdee, Published on 04/12/2024

» The Stock Exchange of Thailand (SET) should remain volatile during the first half of 2025, weighed down by renewed US-China trade tensions and a slowing global economy, particularly the two economic superpowers, says Bualuang Securities (BLS).

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GENERAL

Stocks tipped to surge in US, Asia in 2025

Business, Nuntawun Polkuamdee, Published on 03/12/2024

» Bluebell Securities predicts robust growth for US and Asian stocks next year, with Thailand's bond market shining bright as less aggressive rate cuts compared with other countries are expected to attract steady foreign capital inflows.

GENERAL

Regulator gets tough with KWI

Business, Nuntawun Polkuamdee, Published on 03/12/2024

» The Office of the Insurance Commission (OIC) has ordered KWI Life Insurance (KWI) to rectify its financial conditions and operations by increasing paid-up capital and refraining from accepting new clients until it meets the legally required capital level.

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INVESTMENT

Local Bitcoin funds record returns of 30%

Nuntawun Polkuamdee, Published on 02/12/2024

» Two Thai Bitcoin mutual funds have posted returns reaching 30% following their launches in June, drawing demand from investors as prices continue to spike, approaching US$100,000 following Donald Trump's victory in the US presidential election.

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INVESTMENT

Bourse unveils three flagship projects

Business, Nuntawun Polkuamdee, Published on 29/11/2024

» The Stock Exchange of Thailand (SET) has devised three flagship projects under its three-year strategic plan to drive the development of the capital market via fair and inclusive growth.

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GENERAL

BKI trims premium target for 2024

Business, Nuntawun Polkuamdee, Published on 28/11/2024

» Bangkok Insurance (BKI) has downgraded its 2024 premium target to 32 billion baht based on the decline in the motor insurance business as the automotive industry sags, claims rise, government spending is delayed and economic growth slows.

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INVESTMENT

SET changes trading resumption rules

Nuntawun Polkuamdee, Published on 27/11/2024

» The Stock Exchange of Thailand (SET) has revised trading resumption criteria for listed companies on both the SET and the Market for Alternative Investment (MAI), requiring those firms to have a higher amount of shareholders' equity and net profit over the past year.

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INVESTMENT

Traders expect Bitcoin bull run in 2025

Nuntawun Polkuamdee, Published on 25/11/2024

» Traders are expressing optimism that Bitcoin could nearly double the current price of $98,000 to hit $180,000 if the Federal Reserve continues to cut US interest rates next year and demand from institutional investors increases significantly.

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INVESTMENT

Regulator seeks amended Nusasiri financial statements

Nuntawun Polkuamdee, Published on 22/11/2024

» The Securities and Exchange Commission (SEC) has instructed Nusasiri (NUSA) to amend its financial statements for 2023 and the third quarter of 2024, have them audited and reviewed by the company's auditor, and then submit them to the regulator.