Showing 71 - 80 of 84
Former IFEC boss hit with civil penalty
Business, Pathom Sangwongwanich, Published on 01/12/2018
» The Securities and Exchange Commission (SEC) has imposed a civil penalty on Suphanan Rittiphairoj, former chief executive of embattled Inter Far East Energy Corporation Plc (IFEC), on grounds of negligence of duty and dishonesty.
MPC details path to higher interest rate
Business, Pathom Sangwongwanich, Published on 29/11/2018
» The Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate.
EARTH's 'false debt' eyed
Business, Pathom Sangwongwanich, Published on 17/11/2018
» The Securities and Exchange Commission (SEC) has accused former directors and executives of SET-listed Energy Earth Plc (EARTH) and their associates of creating artificial debt for the company to enter a business rehabilitation plan.
SEC advises caution with Q Exchange
Business, Pathom Sangwongwanich, Published on 14/11/2018
» The Securities and Exchange Commission (SEC) has warned investors that Q Exchange Co Ltd is not a licensed cryptocurrency dealer and any investment made with the company might not be lawfully protected.
Interest rate hikes to deliver slow burn
Business, Pathom Sangwongwanich, Published on 17/10/2018
» Despite the prospect of higher interest rates in Thailand, borrowers across the board are unlikely to be hurt because the pass-through effect for rate hikes takes time to surface, says Kasikorn Research Centre (K-Research).
SEC seeks clarity on EARTH
Business, Pathom Sangwongwanich, Published on 08/11/2018
» The Securities and Exchange Commission (SEC) has extended the duration for SET-listed Energy Earth Plc (EARTH) to clarify information on the truthfulness and fair value of two coal mines for which it has rights in Indonesia.
TFFIF rises 3% on debut, TOT and CAT mulled for ride
Business, Pathom Sangwongwanich, Published on 01/11/2018
» Thailand Future Fund (TFFIF) saw its share price rise 3% on its first trading day on Wednesday, while officials are mulling including a merger between CAT Telecom Plc and TOT Plc as an underlying asset for the fund's third batch.
SEC tells buyers beware
Business, Pathom Sangwongwanich, Published on 01/11/2018
» The Securities and Exchange Commission (SEC) has warned investors to avoid investing in securities products via two websites and social media accounts as they are not authorised securities and futures dealers.
Thai Union net profit falls on impairments
Business, Pathom Sangwongwanich, Published on 06/11/2018
» SET-listed Thai Union Plc (TU), the world's biggest exporter of canned and frozen tuna, reported a considerable dip in both third-quarter and nine-month net profits because of asset impairment charges and weak first-quarter results.
Specialist argues for LTF deductions
Business, Pathom Sangwongwanich, Published on 20/10/2018
» A move to end the tax deductions for long-term equity funds (LTFs) could severely affect Thailand's stock market as the global stock market bull run is poised to dissipate in 2020, says a mutual fund specialist.