Showing 1 - 10 of 13
Lighthub, WeLab duo commit to investment
Business, Komsan Tortermvasana, Published on 04/10/2024
» The consortium of Lighthub Asset and WeLab is committed to investing US$500 million over five years, as required by the Bank of Thailand to receive a virtual banking licence.
Bank of Thailand sticks to 3 virtual bank licences
Business, Somruedi Banchongduang & Nuntawun Polkuamdee, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
EA eyes bond repayment delays amid fraud claims
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Shares of Energy Absolute (EA) sank yesterday after the listed renewable energy company said it would seek the approval of its bondholders to delay payment on two bond tranches worth 5.5 billion baht, signalling that the company's financial woes, caused by the alleged fraud involving two executives, are getting worse.
Asian equity rally powered by rate-cut optimism
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 16/12/2023
» RECAP: Most Asian equities extended their rallies yesterday, while currencies held onto recent gains amid a bout of Fed-fuelled optimism, after the US central bank flagged likely rate cuts next year.
Crypto competition heats up
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 05/09/2022
» After months of market volatility and sliding prices, the digital asset landscape in Thailand is poised for intense competition, with new players lining up to enter the sector amid a tightening regulatory environment.
Ten SMEs, startups likely to tap into LiVEx this year
Business, Nuntawun Polkuamdee, Published on 27/06/2022
» Ten small and medium-sized enterprises (SMEs) and startups are expected to list and raise funds through LiVE Exchange (LiVEx) this year, according to Prapan Charoenprawatt, executive vice-president of the Stock Exchange of Thailand (SET) and president of LiVEx.
Leading the digital assets revolution
Business, Darana Chudasri, Published on 01/05/2021
» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.
Upbit upsets crypto balance of power
Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 22/01/2021
» Upbit Thailand, a joint-venture digital asset exchange between Upbit APAC Pte and a group of Thai billionaires, launched operations on Wednesday following a rocky week for the country's leading cryptocurrency platform Bitkub, which temporarily shut down to fix some issues at the request of the regulator.
Lightnet aims to break barriers
Business, William Hicks, Published on 23/11/2020
» While Thailand’s startup scene may be small, one of its up-and-coming fintech startups is brimming with world-scale ambitions, aiming to leverage its mega-conglomerate connections to become Asia’s primary cross-border payment network.
Startups reap pandemic revenues
Business, William Hicks, Published on 12/08/2020
» Thailand's top startups have seen double-digit growth windfalls in revenue following the pandemic, being well-positioned to benefit from the consumer and business shift to digital commerce during the lockdown.