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BUSINESS

More Return sees profit plummet in 2022

Business, Nuntawun Polkuamdee, Published on 28/02/2023

» MAI-listed More Return (MORE) yesterday reported a huge drop in net profit for last year and the appointment of an acting chief executive following the resignation of Ummarit Klomchitcharoen, who has entered the investigation process into the company's alleged share price manipulation.

BUSINESS

BBLAM now bullish on Asean, China

Business, Nuntawun Polkuamdee, Published on 09/02/2023

» BBL Asset Management (BBLAM) is overweighting its investment in Chinese and Asean stocks this year as the prospects for economic recovery are higher in Asia than in the West.

BUSINESS

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).

BUSINESS

J.P. Morgan bullish on Thai bourses

Business, Nuntawun Polkuamdee, Published on 19/01/2023

» Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.

BUSINESS

China optimism spurs Asian shares higher

Business, Nuntawun Polkuamdee, Published on 14/01/2023

» RECAP: Asian markets mostly rose again yesterday on optimism about the impact of China reopening on regional corporate performance, while the dollar remained under pressure after data showed a further slowdown in US inflation.

BUSINESS

Analysts upbeat on outlook for Thai stocks

Business, Nuntawun Polkuamdee, Published on 29/12/2022

» Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.

BUSINESS

Yuletide opportunities

Business, Nuntawun Polkuamdee, Published on 22/12/2022

» Christmas is coming and as people celebrate the season of joy, warmth and hope, investors wish to profit from their investments during this festive time.

BUSINESS

Asian shares fall amid tougher rate talk

Business, Nuntawun Polkuamdee, Published on 17/12/2022

» RECAP: Asian shares declined yesterday, as continued interest rate hikes and a steadfast hawkish stance by major central banks fuelled global recession worries and sapped risk sentiment, driving US and European markets down.

BUSINESS

THG chief case referred to Amlo

Business, Nuntawun Polkuamdee, Published on 16/12/2022

» The Securities and Exchange Commission (SEC) has referred the case of Dr Boon Vanasin, former chairman of SET-listed Thonburi Healthcare Group (THG), to the Anti-Money Laundering Office for further investigation.

BUSINESS

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.