Cabinet nod for issuing 5bn baht digital tokens as new fundraising channel
THE Cabinet today (May 13) approved the issuing of 5 billion baht worth of “Thailand Digital Tokens” as an alternative fundraising channel for the government with this to be available for investors in one to two months’ time, Amarin TV said. Deputy Prime Minister/Finance Minister Pichai Chunhavajira said those investing in these tokens will […]
Read MoreFilipino couple wanted for investment fraud nabbed in Thailand
A FILIPINO couple wanted under as many as 150 arrest warrants for investment fraud were rounded up in Thailand at the request of the Philippines embassy, Naewna newspaper said. Pol. Lt. Gen. Phanumas Boonnalak, head of Immigration Police, and his team said at a press conference that there was also an Interpol red notice […]
Read MoreSrettha rides Tesla SUV to work, to hold talks on investment soon
PRIME MINISTER Srettha Thavisin arrived at Government House in a Tesla Model Y crossover electric SUV this morning (Oct. 16) and told reporters he will be flying to the US to hold talks with Tesla Inc. on possibly investing in Thailand next month, Naewna newspaper said. Srettha said he rode a Tesla to work […]
Read MoreSrettha to meet more American companies during Apec summit
PRIME MINISTER-cum-Finance Minister Srettha Thavisin said upon arriving at Suvarnabhumi Airport from New York at 7.30 a.m. this morning (Sep. 24) that he will be holding talks with more American companies when he joins the Asia-Pacific Economic Cooperation (Apec) summit in San Francisco during Nov. 11-17, 2023, Matichon newspaper said. While attending the 78th […]
Read MoreGovt targets B300 bn investments in eastern corridor
The Thai government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic. The amount would be a substantial increase over last year’s 209 billion baht […]
Read MoreCP Group company acquires 15% stake in China’s Sinovak
HONG KONG-listed Sino Biopharmaceutical, controlled by Charoen Pokphan Group, is investing $515 million (15.4 billion baht) in Sinovak Life Sciences, a company that produces coronavirus vaccine under the brand “Coronavak,” Sanook.com quoted Japanese Nikkei news agency as saying today (Jan. 5). This investment will give Sino Biopharmaceutical a 15% stake in the Chinese firm which […]
Read MoreNew scheme allows using credit card points to invest in mutual funds
THE Stock Exchange of Thailand (SET) unveiled its “Point to Invest” project whereby investors can use their credit card points to invest in mutual funds with this increasing opportunities to create wealth, Thai Rath newspaper reported today (Nov. 15, 2020). Dr. Pakorn Peetathawatchai, SET’s president, said making investment easily accessible to the general public as […]
Read MoreInvestors ‘worried about politics, protests escalating’
THE Chairman of the Federation of Thai Capital Market Organizations (FETCO) warned this morning (Nov. 6) that the Thai stock market has been affected by demonstrations that have lingered for over two months now with future outlook depending on whether they escalate or not, INN News report. Mr.Paiboon Narintarangkul, FETCO’s chairman, pointed out that there […]
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