Markets
Thais unfazed by Vietnamese Dong devaluation
Thai companies are expected to experience a limited impact from yesterday's further devaluation of the dong, which is aimed at easing Vietnam's current-account deficit rather than boosting the country's export competitiveness.
Financial dispute resolution centre mooted
The Financial Services & The Treasury Bureau has launched another public consultation, this one on its proposals to establish an Investor Education Council and a Financial Dispute Resolution Centre.
Thai Bourse Keeps Trading Volume Target Despite Uncertainty
The Stock Exchange of Thailand is maintaining its 2010 average daily trading volume target at THB18.5 billion ($557.4 million) despite a fragile economy and heightened political uncertainty, the bourse's president, Patareeya Benjapolchai, said Tue...
Hang Seng sees high inflation, low growth
Hong Kong may face low economic growth and high inflation this year, Hang Seng Bank (0011) economists have predicted.
Thailand launches gold exchange traded funds
Thailand’s’ Capital Market Supervisory Board has approved the launch of gold exchange-traded funds in the local market.
Thailand relaxes rules to gain listings
The Stock Exchange of Thailand is looking to relax its regulations in order to hit an ambitious target of listing companies worth Bt100bn (£1.9bn, €2.1bn, $3bn) this year, but analysts say that continuing political uncertainty in the country is li...
Thai Finance Minister backs forex-liberalisation plan
Finance Minister Korn Chatikavanij supports the Bank of Thailand's plan to further liberalise the foreign-exchange market, saying it would help keep the baht at a competitive level.
Thai bourse chief says politics behind market fall
The head of the Stock Exchange of Thailand (SET) said on Wednesday the recent drop in the Thai market, which hit a seven-week low this week, was mainly due to concern over domestic politics.
Big Larry beats small guys
Former CITIC Pacific boss Larry Yung Chi-kin emerged victorious yesterday after three minority shareholders suing him said they will discontinue their action.
GE’s Ayudhya Fund to Raise Money, Purchase Latin America Stocks
Ayudhya Fund Management Co., controlled by General Electric Co., plans to raise as much as 1 billion baht ($30.4 million) to invest in a Latin American equity fund run by Mark Mobius, predicting gains on higher commodity prices.
Taiwan to Allow Chinese Investment in Bourse
Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival.
Thai Bourse To Study State Enterprise Units For Listings
The Ministry of Finance and the Stock Exchange of Thailand will establish a working panel to study which subsidiaries of state enterprises can potentially be listed on the local bourses.
Thailand May Consider Issuing Yen, Dollar Bonds, Finance Minister Says
Thailand may consider selling yen or dollar-denominated bonds to finance the budget deficit and show investors the country has regained its “economic strength,” Finance Minister Korn Chatikavanij said.
Rate trend, government issues to cut Thai corporate bond supply
The value of new corporate bonds issued in Thailand may be cut in half in 2010, especially if interest rates start to go up, but they should attract buyers because of their relatively high returns.
Thai central bank says to act if baht turns too volatile
Thailand's central bank governor said on Monday she expected increased capital inflows in 2010 but the Bank of Thailand (BOT) was prepared to intervene to curb excessive volatility in the baht.
Thai bourse gains 63% in 2009 from 2008
Despite economic problems within and outside Thailand along with the domestic political crisis, the Stock Exchange of Thailand (SET) index in 2009 soared 63 per cent above 2008, while the daily average turnover last year was about Bt17.9 billion, ...
Thai bourse to cut brokerage fees from 2010
Thailand's stock exchange said on Tuesday it would begin to cut brokerage commissions from next year ahead of a planned market liberalisation in 2012, when minimum commissions will be phased out.
Thai Stocks May Slump in Mid-2010 on Politics, Siam City Says
Thailand’s benchmark stock index, set for its biggest annual gain in six years, may tumble in the middle of next year on heightening political instability and accelerating inflation, according to Siam City Securities Co.
Thailand gold prices set to cross 20,000 baht mark
Gold prices in Thailand set to cross the psychological barrier of 20,000 baht per baht-weight (15.16 grams) in the first quarter next year, according to Thailand Gold Traders Association.
Buy Indian Rupee Against Thai Baht, Brown Brothers Advises
Investors should buy the Indian rupee versus the Thai baht to profit from the South Asian nation’s faster economic growth and higher interest rates, according to Brown Brothers Harriman & Co.