The launch of Fund Navigator, a tool for fund selection, will be a first among fund houses in Thailand, according to Kasikorn Asset Management’s (KAsset’s) Vasin Vanichvoranun.
Liquidity-driven stock market rallies are coming to an end following the tapering of rapid fire money printing at most major central banks, warns the Association of Securities Companies. “We’ve been in the quantitative easing [QE] era since 2008 with money flooding stock markets across the globe, but the magnitude of cash pumping is gradually being […]
PHATRA Securities expects the Bank of Thailand’s rate-setting committee to keep its benchmark rate at 1.5 per cent when it meets today, and likely hold that mark for the rest of the year. Pipat Luengnaruemitchai, assistant managing director at Phatra Securities, said the current policy rate remains an accommodative fit for the needs of Thai […]
Thailand’s rice production is expected to return to historical levels in 2017-18, reaching 19.5 million tonnes, according to a report from the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS). That total is 5% higher than production in 2016-17, which was hindered by critically low reservoir levels. Planted acreage is likely to increase 3%, especially […]
GLOBAL STOCK MARKETS continue to climb to fresh highs as investors are upbeat on the improving growth outlooks in the United States, China, and much of the rest of the world. However, a number of investors have begun to be cautious on how much further the markets can rise and shift towards low volatility portfolios. […]
IAA to cover unpopular stocks Investment Analysts Association (IAA) has asked stock regulators to earmark some budget to the association to conduct analysis reports on all the stocks in the Thai market, its chairman says. There are 659 listed companies, of which 522 are traded on the Stock Exchange of Thailand (SET) and 137 on […]
THAILAND still needs a lot of young professionals capable of helping improve the local financial markets. That is why the Stock Exchange of Thailand (SET) continues to hold its annual Young Financial Star competition to attract more talent into the field. Krisada Sektrakul, SET senior executive vice president and head of the Capital Market Education […]
Thai baht is set to weaken following foreign capital outflows from the stock and bond markets. The Thai baht today is traded at Bt35.13 per US dollar, gaining nearly 2 per cent since the beginning of this year. Maybank Kim Eng Securities (Thailand) expects a reversal of the trend this month due to tightening by […]
Growth of the Thai economy in the first and second quarters was significantly higher than in 2014, but remained far below the average regional rates, as weak exports and subdued investment in Thailand continued to dampen the economy.
Pruksa Real Estate Public Company Limited (PS) is proud to unveil its remarkable Q3/2011 performance. A noteworthy presale value of 7,684 Million Baht was achieved, with 6,493 Million Baht in total revenue, and, 761 Million Baht in net profit being obtained. In comparison with the same period last year, despite a slight drop in the […]