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BUSINESS

Asian equities retreat on US slowdown worries

Business, Nuntawun Polkuamdee, Published on 22/04/2023

» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.

BUSINESS

Standards come to the fore

Business, Nuntawun Polkuamdee, Published on 25/04/2023

» The Securities and Exchange Commission (SEC) is aiming to create internationally consistent standards for Islamic mutual funds in order to increase options for investors and expand the Muslim investor base.

BUSINESS

Zipmex seeks to discuss fines with SEC

Business, Nuntawun Polkuamdee, Published on 26/04/2023

» Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.

BUSINESS

SET, TFEX to debut new trading system

Business, Nuntawun Polkuamdee, Published on 28/04/2023

» The Stock Exchange of Thailand (SET) and the Thailand Futures Exchange (TFEX) plan to implement a new trading system from May 8, in line with international best practices and global trends.

BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

BUSINESS

Global stocks projected to decline

Business, Nuntawun Polkuamdee, Published on 02/05/2023

» Tisco Securities is warning that global stocks could slide in the near future as disappointing corporate profits and shrinking liquidity pressure market sentiment, with investors urged to hold more cash until the market correction.

BUSINESS

More Thais making online gold purchases

Business, Nuntawun Polkuamdee, Published on 02/05/2023

» The value of gold savings owned by Thais on online platforms rose 60-70% in the first quarter of 2023 from a year earlier as global prices rose by more than 8% during the period, while domestic gold prices hit a record, according to YLG Bullion International Co.

BUSINESS

SEC prepares digital bond offerings valued at B6.7bn

Business, Nuntawun Polkuamdee, Published on 04/05/2023

» The Securities and Exchange Commission (SEC) has approved the first lot of digital bond offerings worth 6.7 billion baht.

BUSINESS

TCRB eyes stock exchange listing in 2023

Business, Nuntawun Polkuamdee, Published on 05/05/2023

» Thai Credit Retail Bank (TCRB) has submitted filings to the Securities and Exchange Commission for an initial public offering (IPO) on the Stock Exchange of Thailand by the end of this year.