Markets
Federation of Thai Capital Market advises to diversify investments
However, the federation is confident that the stock index would hit a record high at 1800 this year.
BANGKOK, 7 May 2019 (NNT) – Political sector remains pivotal to investment climate, prompting the Federation of Thai Capital Market Organizations to suggest that investors diversify their portfolio in such volatile situation.
Phaibul Nalintharangkun, the president of the Federation of Thai Capital Market Organizations, said the Investor Confidence Index in May has slightly declined to 104.49, which was in the same range as last month with political sector being closely watched by investors.
However, the federation is confident that the stock index would hit a record high at 1800 this year.
International flows of venture capital to new markets such as Thailand where tourist industry has made outstanding growths remain a supportive factor at the moment.
Given Thailand’s economic growth which has slowed down due to the world’s economic slowdowns, the investors are suggested to monitor the United States’ Federal Reserve Bank’s rate adjustments and development in trade talks between the U.S. and China.
The investors are advised to diversify their portfolio though business performances of listed firms remain positive in the Stock Exchange of Thailand where this year’s index was expected to hit a record high at 1800.
Companies
Thai shipping company (VL) enters Market for Alternative Investment (mai)
The Thai shipping company has a market capitalization at its initial public offering (IPO) of THB 1.40 billion (approx. USD 44 million).
Established on the date of 27th September 1991 with current authorized capital of 400 million baht and complete paid up by 300 million baht.
(more…)Markets
Insurers to pay 100 million baht to SET for riot damage
Red Shirts arsonists who torched the SET building in 2010 were not “terrorists”.
Thailand’s Supreme Court has ordered six insurance companies to pay the Stock Exchange of Thailand (SET), Thailand Securities Depository and Family Knowhow Company 100 million baht in total compensation.
(more…)
The Ministry of Commerce has stressed the government’s efforts to solve low pricing of oil palm kernels, bringing forward measures over the next two months to bring down the stock volume to a normal level.
(more…)
Thailand unaffected by U.S. restrictions on Huawei
The NBTC has confirmed that Thai people can still use current Huawei phones, though users may not be able to...
Government Housing Bank (GH Bank) extends low-cost housing project
The Government Housing Bank (GH Bank) has launched the one-million-unit low-cost housing project, which provides an opportunity for the general...
Thailand must adapt to longevity society before it is too late
Thailand needs to implement these measures to sustain economic growth as the country ages, urges Thailand Development Research Institute (TDRI),...
The State of eCommerce in Southeast Asia
Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek,...
Thai growth slips to 4-year low in Q1
Thailand’s GDP growth slowed sharply to 2.8% year-on-year in the first quarter of 2019 from 3.6% in the previous quarter
Property6 days agoDrivers of Asia Pacific office space demand in 2019 remain strong
Banking1 week agoFirst-home stimulus measure may have limited impact on Thailand’s housing market
Economics6 days agoThai Economy likely to miss the 3.5% growth target
- Asean3 days ago
The State of eCommerce in Southeast Asia
India4 days agoThailand expands palm oil and rubber markets to India
China6 days agoGoogle shuts down Huawei’s access to Android updates after US blacklist
- Economics4 days ago
Thai growth slips to 4-year low in Q1
Tech4 days agoHow Competitive Gaming Can Become More Popular in Thailand