Showing 1 - 10 of 101
ICO licences drawing interest
Business, Nuntawun Polkuamdee, Published on 09/08/2018
» About 50 initial coin offering (ICO) projects have shown interest in applying for licences to operate after the Finance Ministry's announcement on approving digital asset licensing took effect late last month, says the Securities and Exchange Commission (SEC).
TAT sees Chinese tourists returning soon
Business, Nuntawun Polkuamdee, Published on 15/12/2022
» Outbound tourism from China is expected to restart during the Chinese New Year in late January 2023 as Beijing gradually lifts Covid-19 restrictions, aiding tourism-related stocks and the overall travel sector in Thailand, say industry operators.
Bourse provides clarity on suspicious trades of MORE shares
Business, Nuntawun Polkuamdee, Published on 17/11/2022
» Several brokers on Wednesday filed complaints with the Economic Crime Suppression Division related to the investor who bought More Return Plc (MORE) shares late last week, but defaulted on the payment, causing damage estimated at more than 4 billion baht.
Is USDT used for money laundering?
Business, Nuntawun Polkuamdee, Published on 09/11/2024
» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.
Power equities benefit from strong baht
Nuntawun Polkuamdee, Published on 02/09/2024
» Power generation companies on the Stock Exchange to Thailand (SET) are benefiting from the strong baht, says Yuanta Securities Thailand, adding that retail, communications and finance stocks usually attract investment when the baht appreciates beyond 34 to the dollar.
Securities stocks gain amid share tax rumour
Business, Nuntawun Polkuamdee, Published on 02/02/2023
» Shares of Finansia Syrus Securities (FSS) led gains for securities stocks on Wednesday, according to industry sources, based on the possibility the government may delay the implementation of the controversial financial transaction tax (FTT).
BAM announces long-awaited IPO
Business, Nuntawun Polkuamdee, Published on 20/08/2019
» Bangkok Commercial Asset Management (BAM), which is 99.9% owned by the Bank of Thailand's Financial Institutions Development Fund (FIDF), is set to go public by issuing up to 1.77 billion shares in an IPO after years of delay.
MBKEST wins civil case versus Yuanta chief
Business, Nuntawun Polkuamdee, Published on 31/08/2018
» Maybank Kim Eng Securities Thailand (MBKEST) has won a civil case against Boonporn Boriboonsongsil as the defendant is found guilty of holding MBKEST's confidential information concerning broker compensation.
Thai bourse expecting more turmoil in 2022
Business, Nuntawun Polkuamdee, Published on 04/12/2021
» The Thai stock market is set to face more turmoil next year as massive capital movements are expected based on interest rate hikes and several central banks tapering their quantitative easing (QE).
Ministry strips Zipmex's licences
Nuntawun Polkuamdee, Published on 12/06/2024
» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.