Small and medium enterprises (SME)
Securities exchange (stock market)
Covid-19 second wave leads to surge in demand for safe-haven assets
Investors are likely to shift from risk assets to safe-haven assets due to uncertainty following the second wave of Covid-19 pandemic, experts said.The baht this week moved between 30.94 and 31.24 against the dollar.The dollar strengthened due to uncertainty following rising Covid-19 cases in the ...
The Nation Reporter
Thai investor confidence rises, policy rate seen on hold - surveys
Investor confidence in Thailand’s financial markets over the next three months has hit its highest level this year, helped by the sooner-than-expected easing of a coronavirus lockdown, a capital market association said on Tuesday.The Federation of Thai Capital Market Organisations said its May survey showed ...
Finance Ministry to launch Bt50 billion savings bonds
The Finance Ministry will raise Bt50 billion from sale of savings bonds to mitigate the Covid-19 impact on the economy and society. The bonds will be on sale from May 14 to June 10 this year.Finance Minister Uttama Savanayana said that saving bonds were one ...
The Nation Reporter
Govt economic stimuli, rising crude oil prices help SET bounce back
The Stock Exchange of Thailand (SET) Index closed at 1,236.78 on Monday (April 13) marking an increase of 8.75 points or 0.71 per cent.Transactions were worth a total of Bt49.474 billion with an index high of 1,237.23 and a low of 1,220.00.A stock analyst at ...
The Nation Reporter
Thai stocks surge on easing virus cases, economic stimulus
Thai stocks surged as trading resumed after the Chakri Memorial Day holiday, boosted by rising optimism about a waning coronavirus outbreak and the government’s new economic stimulus.The benchmark SET Index rose 6.7% as of 4.58pm in Bangkok, poised for the highest gain since March 11. ...
Bangkok Post Reporter
Bank of Thailand expands liquidity support to more fund types
Thailand’s central bank said it has expanded the scope of a facility set up to provide liquidity to mutual funds and it will now encompass all types of money market funds as well as daily fixed income funds.The central bank is ready to consider additional ...
Stimulus measures boost SET by 8%
Fresh stimulus measures announced by governments and central banks hiked the value of stocks in Thailand by almost 8 per cent on Friday (March 20).Cheered further by the rebounding crude oil price, the Stock Exchange of Thailand (SET) index closed at 1,127.24 for an increase ...
The Nation Reporter
Crisis has markets pleading for stability support
A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...
Bangkok Post Reporter
Thailand Now Has the World’s Worst Stock Market
Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...
Virus panic pushes SET off a ledge
Thailand’s benchmark equity index tumbled to its biggest one-day loss since 2014, plunging below 1,400 points as rising local coronavirus infections shattered already fragile investment sentiment.The Thai bourse was the biggest loser in Asia-Pacific for the second time in three days.Keep reading ...
Bangkok Post Reporter