Showing 1 - 10 of 972
SEC raises investors' crowdfunding limit
Business, Nuntawun Polkuamdee, Published on 18/07/2023
» The Securities and Exchange Commission (SEC) is lifting the maximum amount of security-based crowdfunding offerings to 50 million baht for retail investors, from 40 million baht, with no limit for institutional, high-net-worth and ultra-high-net worth investors.
SET requires update from Nusasiri as auditor baulks
Business, Nuntawun Polkuamdee, Published on 12/07/2023
» The Stock Exchange of Thailand (SET) is warning investors to study Nusasiri Plc (NUSA) investment information carefully after its auditor raised an issue about the complexity of the structure of a hotel Nusasiri intended to buy, as well as its business licence in Germany.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
Analysts downgrade target for Thai bourse
Business, Nuntawun Polkuamdee, Published on 05/07/2023
» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.
Crowdfunding booms as small firms feel the squeeze
Business, Nuntawun Polkuamdee, Published on 03/07/2023
» A Thai unit of Investree, the Asean-based financial technology company, reported 200% growth in business in the first quarter this year as small and medium-sized enterprises (SMEs) relied more on crowdfunding platforms because banks tightened their SME lending criteria.
SEC tightens rules for cryptocurrency trading
Business, Nuntawun Polkuamdee, Published on 04/07/2023
» The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.
SEC pushes for regional green finance
Business, Nuntawun Polkuamdee, Published on 06/07/2023
» The Securities and Exchange Commission (SEC) is working with other Southeast Asian countries to develop green financial products, including sustainability-linked bonds and "Asean Transition" guidelines regarding taxes, according to the Thai regulator.
SET stumbles on domestic, external risks
Business, Nuntawun Polkuamdee, Published on 07/07/2023
» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.
SEC files complaint for MORE share scam
Business, Nuntawun Polkuamdee, Published on 29/06/2023
» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).
Investors cautioned to avoid trading OTO stocks
Business, Nuntawun Polkuamdee, Published on 29/06/2023
» An analyst has advised investors to avoid trading One To One Contacts (OTO) stock based on price volatility, though the company was cleared by a Stock Exchange of Thailand (SET) investigation over unusual trading volume.