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BUSINESS

Tech stocks continue to shine

Business, Nuntawun Polkuamdee, Published on 24/11/2017

» The global equity investment trend remains focused on technology as the segment has retained its top-notch business performance this year, with equity investment in Chinese tech giants generating exuberant returns, says Asia Plus Group Holding Plc (ASP).

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BUSINESS

Legislators urged to pass state-enterprise reform

Business, Nuntawun Polkuamdee, Published on 29/11/2017

» Thailand’s long-term competitiveness will be harmed if the draft bill on reforming state-owned enterprises (SOEs) does not receive approval from the National Legislative Assembly, says former Bank of Thailand governor Prasarn Trairatvorakul.

BUSINESS

'Caution' sign on weak stocks

Business, Nuntawun Polkuamdee, Published on 25/11/2017

» The Securities and Exchange Commission (SEC) says the Stock Exchange of Thailand (SET) will post a "caution" trading sign on stocks from businesses suffering liquidity risks, effective next year.

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THAILAND

SEC warns over low investment in stocks

Business, Nuntawun Polkuamdee, Published on 30/11/2017

» Investment in stocks through provident funds (PVDs) makes up 10-15% of the total asset class, generating low returns and causing fund members to have insufficient savings for retirement, says the Securities and Exchange Commission (SEC).

BUSINESS

NPF Act sets withdrawal age at 60

Business, Nuntawun Polkuamdee, Published on 01/12/2017

» The draft National Pension Fund (NPF) Act has set the fund withdrawal age at 60, in contrast with other long-term retirement funds that allow withdrawal at 55.

BUSINESS

SEC mulls cap on licence hopefuls

Business, Nuntawun Polkuamdee, Published on 02/12/2017

» The Securities and Exchange Commission (SEC) is considering a reduction in the number of applicants permitted to apply for a securities business licence in a bid to lower regulatory costs as part of the regulatory reform process.

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BUSINESS

GPF, NPF rate variance may be matched

Business, Nuntawun Polkuamdee, Published on 05/12/2017

» The Government Pension Fund's (GPF) matching contribution rate could increase to 3-30% from the current 3-15%, with a possible extension of the contribution age to 60 years old from 55.

BUSINESS

Reverse takeovers gain favour

Business, Nuntawun Polkuamdee, Published on 07/12/2017

» Property developers can be expected to undertake more reverse takeovers (RTO) or backdoor listings on the stock exchange to raise funds.

BUSINESS

Imminent ICOs offer disruptive prospects

Business, Nuntawun Polkuamdee, Published on 21/12/2017

» Funds raising from initial coin offerings (ICOs) could be possible in next year's second quarter, with expectations the new fundraising method poses a long-term disruptive risk to traditional financiers, says the Securities and Exchange Commission (SEC).

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BUSINESS

ASP predicts record for bourse in 2018

Business, Nuntawun Polkuamdee, Published on 22/12/2017

» Despite projecting a short-term correction next month, the Thai bourse is projected to rise to an all-time high of 1,815 points in 2018 because of improved earnings of listed firms and recovery in private investment, says Asia Plus Securities (ASP).