Showing 1 - 10 of 44
Investors rejoice in stable politics
Business, Nuntawun Polkuamdee, Published on 06/09/2024
» Thai stocks skyrocketed yesterday, posting the highest gain since March last year and breaking the 1,400-point barrier.
Asian shares gain as bank worries ease
Business, Nuntawun Polkuamdee, Published on 01/04/2023
» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.
Local unicorn trio prove naysayers wrong
Business, Nuntawun Polkuamdee, Published on 07/12/2021
» The Thai economy witnessed the birth of three unicorn companies this year -- Flash Express, Ascend Money and Bitkub Online -- debunking the belief that the country doesn't have the supporting ecosystem for unicorn startups to thrive.
OR to invest in startups in Southeast Asia
Business, Yuthana Praiwan, Published on 08/10/2021
» PTT Oil and Retail Business Plc (OR) is planning to invest in startups in Southeast Asia, to fuel its new businesses, especially in the area of mobility and lifestyles, under a venture capital fund it recently co-established.
Flash Group becomes first Thai unicorn
Business, Suchit Leesa-nguansuk, Published on 01/06/2021
» Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding -- just three years into operations, according to the company's owner.
EV battery pact signed
Business, Chatrudee Theparat, Published on 24/04/2021
» Evlomo Inc, a Florida-based company working on electric vehicles (EVs), has teamed up with Rojana Industrial Park Plc to invest US$1.06 billion (33.3 billion baht) in a 8-gigawatt battery energy storage construction project in Nong Yai district in Chon Buri.
Focus on earnings as market moves sideways
Business, Bualuang Securities, Published on 16/01/2021
» The SET Index has been moving sideways in recent days. At midweek the index tested a high of 1,561, then corrected afterwards. We witnessed sector rotation from commodity stocks to domestic consumption, as the market speculated on sizeable government stimulus, both locally and in the United States.
2021 forecast sees upsurge in IPOs
Business, Nuntawun Polkuamdee, Published on 23/11/2020
» Analysts expect a resurgence in initial public offerings (IPOs) next year, when many companies that delayed listing on the Stock Exchange of Thailand (SET) because of the pandemic are likely to offer shares amid renewed market enthusiasm.
Series D bolsters Flash's Asean push
Business, Suchit Leesa-nguansuk, Published on 13/10/2020
» Flash Express, a local express delivery service, is gearing up to become an e-commerce enabler and gain a foothold in other Asean countries after receiving Series D funding worth 3 billion baht.
Few fresh catalysts to stir investor interest
Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 19/09/2020
» Recap: Asian stocks inched up although most bourses continued to struggle amid worries about a resurgence in coronavirus cases and lingering disappointment that central banks merely affirmed their monetary support this week, without promising any new stimulus.