Showing 11 - 20 of 972
Thai banks top Asean bad debt rankings
Business, Nuntawun Polkuamdee, Published on 30/06/2023
» Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).
Bourse, SEC eager to revamp listing criteria
Business, Nuntawun Polkuamdee, Published on 23/06/2023
» In response to the erosion of confidence in the Thai capital market, the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC) have agreed to upgrade listing regulations and strengthen supervision to enhance the quality of listed companies.
Household debt, bad loans to hit finance firms
Business, Nuntawun Polkuamdee, Published on 24/06/2023
» Rising household debt and non-performing loans (NPLs) are going to hurt listed companies in leasing, hire-purchase and finance because they are drag on the economy and lower consumer purchasing power, says an analyst.
Analysts promote friendly policies
Business, Nuntawun Polkuamdee, Published on 26/06/2023
» The local stock market can shift from a bear to a bull market if the authorities halt anti-investor policies that undermine confidence, causing foreigners to sell more than 100 billion baht worth of Thai shares this year, say analysts.
SEC warns of prison time for Stark fraudsters
Business, Nuntawun Polkuamdee, Published on 27/06/2023
» Members of the management team and others involved in the fraud surrounding Stark Corporation (STARK) could face up to 10 years in prison if found guilty, the Securities and Exchange Commission (SEC) said on Monday, as it tried to restore confidence in the Thai capital market.
El Niño likely to hit investment sentiment
Business, Nuntawun Polkuamdee, Published on 20/06/2023
» El Niño is likely to intensify in the second half of this year, affecting investment sentiment in the agribusiness, food and water management sectors, analysts say.
SET sounds alarm on TBN speculation
Business, Nuntawun Polkuamdee, Published on 21/06/2023
» The Stock Exchange of Thailand (SET) has warned investors to carefully study available information before trading TBN Corporation shares, which debuted on the Market for Alternative Investment (MAI) on Monday.
Stark told to pay B6.9bn to bondholders
Business, Nuntawun Polkuamdee, Published on 22/06/2023
» Kasikornbank (KBank) and Asia Plus Securities (ASPS), representatives for Stark Corporation's bondholders, called for the immediate payment of bonds worth more than 6.9 billion baht after they decided to cancel tomorrow's bondholders' meeting.
Jaspal prepares for SET listing this year to expand
Business, Nuntawun Polkuamdee, Published on 22/06/2023
» Jaspal, the Bangkok-based ready-to-wear clothing company, is planning to float shares on the Stock Exchange of Thailand (SET) this year to mobilise fresh funds for expansion of its fashion and lifestyle business.
Stark enters arbitration with 2 firms
Business, Nuntawun Polkuamdee, Published on 13/06/2023
» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.