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BUSINESS

Stocks up slightly to end year's trading

Business, Pathom Sangwongwanich, Published on 31/12/2019

» Thai shares edged up 0.1% on the last trading day of 2019, the benchmark index posting a 1% yearly rise as confidence was muted by the prolonged US-China trade dispute and sluggish economic growth at home and abroad.

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BUSINESS

US mulls listing Thailand as currency manipulator

Business, Pathom Sangwongwanich, Published on 02/01/2020

» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).

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BUSINESS

Market regulator fingers Energy Earth trio

Business, Pathom Sangwongwanich, Published on 27/12/2019

» The Securities and Exchange Commission (SEC) has accused three executives of Energy Earth Plc of failure to submit documents and concealment of the truth from investors.

BUSINESS

KTBST prepares for SET listing in 2020

Business, Pathom Sangwongwanich, Published on 26/12/2019

» KTB Securities Thailand (KTBST) plans to submit an IPO filing next year to list on the Stock Exchange of Thailand following completion of the company's business restructuring, with the launch of a personal loan and debt correction clinic unit scheduled for early 2020.

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BUSINESS

Bourse studying digital asset applications

Business, Pathom Sangwongwanich, Published on 11/12/2019

» The Stock Exchange of Thailand (SET) is assessing four applications for possible integration to jump-start its digital asset ecosystem project.

BUSINESS

TBMA to pioneer DLT sandbox project

Business, Pathom Sangwongwanich, Published on 13/12/2019

» The Securities and Exchange Commission (SEC) has appointed the Thai Bond Market Association (TBMA) as a licensed securities depository to test distributed ledger technology (DLT) in a regulatory sandbox project.

BUSINESS

New rules to help SMEs raise capital

Business, Pathom Sangwongwanich, Published on 27/11/2019

» The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.

BUSINESS

OIC considers special licence for digital business

Business, Pathom Sangwongwanich, Published on 05/12/2019

» The Office of the Insurance Commission (OIC) is studying the possibility of issuing a special licence for digital insurance business to encourage traditional insurance firms to revamp their business model amid disruptive technology.

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BUSINESS

Goldman Sachs says 2020 global recession unlikely

Business, Pathom Sangwongwanich, Published on 14/11/2019

» Despite the manufacturing sector's troubles and Sino-US trade tensions, the prospects of a global economic recession occurring next year are low as fundamentals drivers of growth in major economies still remain healthy, says Goldman Sachs Asset Management.

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BUSINESS

CPF staves off pork problems with Q3 profit surge

Business, Pathom Sangwongwanich, Published on 15/11/2019

» SET-listed Charoen Pokphand Foods (CPF), the agro-industrial and food conglomerate, reported a 23% rise in third-quarter net profit despite lower sales revenue, thanks to a recovery in pork prices and improved overseas aquaculture business.