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GENERAL

DBS vows to continue expansion of Thai business

Business, Nuntawun Polkuamdee, Published on 15/02/2024

» Singapore-based DBS Bank will continue to invest and operate in Thailand, especially in the securities business, which offers good opportunities for future growth, says Sim S Lim, chairman of DBS Vickers Securities (Singapore).

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INVESTMENT

SET considers stronger measures

Business, Nuntawun Polkuamdee, Published on 14/02/2024

» The Stock Exchange of Thailand (SET) is contemplating adjusting measures in four areas to impose greater controls on both short sales and program trading, aiming to reduce the volatility of securities prices and increase the long-term strength of the bourse.

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INVESTMENT

Chinese firm now owns Thai brokerage

Nuntawun Polkuamdee, Published on 12/02/2024

» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.

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GENERAL

Private funds picked for growth in 2024

Business, Nuntawun Polkuamdee, Published on 12/02/2024

» The private fund industry is expected to post continued growth this year as demand surges for wealth management and foreign investment emerges as a trend, say fund managers.

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GENERAL

Former Zipmex executive faces charges

Business, Nuntawun Polkuamdee, Published on 09/02/2024

» The Securities and Exchange Commission (SEC) has filed a criminal complaint with the Economic Crime Suppression Division (ECD Police), accusing Akalarp Yimwilai, a former chief executive of Zipmex Thailand, of presenting false statements to the public.

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GENERAL

Kiatnakin touts new emerging market stock funds

Business, Nuntawun Polkuamdee, Published on 10/02/2024

» Investors are urged to invest in emerging market stocks except for China, which faces risks from declining economic growth and geopolitical conflict, according to Kiatnakin Asset Management (KKPAM).

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INVESTMENT

SEC prepares new listing rules for SET

Business, Nuntawun Polkuamdee, Published on 07/02/2024

» The Securities and Exchange Commission (SEC) is planning to post warning signs on current securities that cannot comply with the regulations for being a listed company from April 1, and is also preparing to adjust its listing rules to raise the quality of listed companies early next year.

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GENERAL

Foreign capital rebounds on Thai bourse

Business, Nuntawun Polkuamdee, Published on 08/02/2024

» Foreign capital started to flow into the Thai stock market in the first week of February, tallying 7.9 billion baht in anticipation of global interest rates falling later this year, says the Stock Exchange of Thailand (SET).

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INVESTMENT

New digital tokens likely to be launched via TDX

Nuntawun Polkuamdee, Published on 05/02/2024

» The Thai Digital Assets Exchange (TDX), a digital token exchange under the aegis of the Stock Exchange of Thailand (SET), is pioneering the business and expects more new tokens this year after the regulator initiated a clear policy to support them.

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GENERAL

Giving credit to Thai Credit's fundamentals

Business, Nuntawun Polkuamdee, Published on 03/02/2024

» Scheduled to list on the Stock Exchange of Thailand next Friday, Thai Credit Bank Plc (CREDIT) is set to become the first banking initial public offering (IPO) stock in a decade and the 12th bank listed on the bourse.