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BUSINESS

OR's IPO generates public appeal

Business, Darana Chudasri, Published on 26/01/2021

» PTT Oil and Retail Business's (OR) IPO garnered strong investor demand on its first day of retail subscriptions on Sunday, but many were unable to access distribution channels to purchase the stock due to three bank applications becoming unresponsive following high traffic.

BUSINESS

Frank gets rebranded as Bolttech

Business, Darana Chudasri, Published on 27/01/2021

» Frank Insurance, a digital insurance broker, rebranded as Bolttech Insurance Broker (Thailand) last week in an effort by its Hong Kong-based parent company to consolidate digital insurance units under one brand.

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BUSINESS

Confidence from January remains bullish

Business, Darana Chudasri, Published on 03/02/2021

» The Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies.

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BUSINESS

Regulator nails down capital adequacy method

Business, Darana Chudasri, Published on 05/02/2021

» The Office of Insurance Commission (OIC) has approved the revision of its capital adequacy ratio (CAR) calculation method, broadening opportunities for local insurance companies to invest in foreign assets and diversify risks during the pandemic and amid low interest rates.

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BUSINESS

Prasarn chosen to chair SET governor's board

Business, Darana Chudasri, Published on 06/02/2021

» The Stock Exchange of Thailand's (SET) board of governors appointed Prasarn Trairatvorakul, a former governor of the Bank of Thailand, as the new chairman of the SET board on Friday, succeeding Chaiyawat Wibulswasdi.

BUSINESS

Insurance poised to encounter slow growth

Business, Darana Chudasri, Published on 04/01/2021

» The insurance business is forecast to grow in a range of -0.36% to 1.64% in 2021 as rising household debt deflated people's purchasing power.

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BUSINESS

Moderation for cryptocurrencies advised

Business, Darana Chudasri, Published on 05/01/2021

» The Securities and Exchange Commission (SEC) warns investors should closely monitor investments in cryptocurrencies due to high volatility, suggesting they invest and trade only with market players regulated by the SEC.

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BUSINESS

SET prepares to revise SET50 standards

Business, Darana Chudasri, Published on 06/01/2021

» The Stock Exchange of Thailand (SET) is poised to revise the criteria for the SET50 Index, the definition of free-float shares and its market surveillance measures because of unusual surges of many free-float stocks last year.

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BUSINESS

Delta shares drop 13.41%

Business, Darana Chudasri, Published on 07/01/2021

» Delta Electronics Thailand (DELTA) shares sank 13.41% yesterday after the first day of the cash balance rule applied to the company's stocks, pulling the SET Index down by 14.29 points or 0.95% to close at 1,492.36 points.

BUSINESS

Analysts on edge after KTC surges

Business, Darana Chudasri, Published on 08/01/2021

» Analysts are urging stock and capital market regulators to protect investor interests and tame the investment climate by implementing additional risk-assessment practices to deal with unusually volatile trading of large-cap stocks with low free float.