Search Results for: Thai investors

  • Guides

    Advanced guide to gold trading and hedging strategies for Thai investors

    In the dynamic world of financial investments, trading in gold remains a cornerstone for those looking to diversify and stabilize their portfolios. Particularly for the Thai investor, with the nation’s deep cultural affinity for gold and its strategic geographical and economic position in Southeast Asia, understanding advanced gold trading techniques is paramount. This guide delves into sophisticated hedging strategies that…

  • Business News

    SEC considers banning NVDR securities for Thai investors

    With plans to limit Thai investors from making investments in non-voting depository receipts (NVDRs), the Securities and Exchange Commission (SEC) is setting up a public hearing to enforce a ban on securities companies offering such services. Citing concerns over NVDR securities as a mechanism to sidestep compliance with regulations or as a means to obscure shareholding data, the SEC believes…

  • Business News

    Thai investors anticipate surge in depositary receipts popularity in 2024

    Executives anticipate a surge in the popularity of depositary receipts (DRs) among Thai investors this year, with the investment tool offering a gateway to high-profile foreign stocks, risk diversification, and potential high returns. As they have become more prevalent on the Thai bourse, investors held DRs worth around 16 billion baht (US$466 million) on the Stock Exchange of Thailand (SET)…

  • Crime News

    Chinese fraud syndicate caught after swindling 500 million baht from Thai investors

    A Chinese national believed to be at the helm of a swindling operation, was taken into custody by the Thai authorities alongside ten other members of the fraud gang. The group is accused of soliciting people to participate in a bogus gold investment scheme, alleging its connection with Thailand’s Crown Property Bureau. The illicit operation, which duped victims of around…

  • World News

    Thai investors in Myanmar concerned with future business following the military coup

    With potential sanctions and boycotts against Myanmar likely following the military coup, the Thai-Myanmar Business Council says Thai investors are concerned their businesses in the neighbouring country will be affected. It’s unclear what effect the coup will have on Thai-owned businesses in Myanmar. The country’s economy, already battered by the Covid-19 pandemic, is expected to slow down with potential sanctions.…

  • Business News

    Chinese investors show strong interest in Thailand at RCEP-tion

    Chinese investors eagerly engaged with Thailand’s business landscape at a recent matchmaking event held under the Regional Comprehensive Economic Partnership (RCEP) agreement. Marking its debut in Thailand, the event seeks to draw interest towards emerging S-curve industries and facilitate the transfer of technology from China. At the helm of the 1st RCEP Business Opportunities Matchmaking Conference (China-Thailand) was Commerce Minister…

  • Guides

    Securing Thai property loans: hurdles for foreign investors

    Navigating the maze of procuring a loan in Thailand can be a challenge, especially for foreign investors. With a tightening regulatory environment since 2015, it’s become even more crucial to understand the landscape. If you’ve ever wondered about the ins and outs of securing a loan in this Southeast Asian hub, you’re in the right place. In the past, many…

  • Thailand News

    Thai PM explores potential projects with Italian investors in Milan

    Prime Minister Srettha Thavisin embarked on a visit to Milan, Italy, where discussions with prominent investors from financial institution Intesa Sanpaolo highlighted potential avenues for collaboration on key infrastructure projects in Thailand. During his meetings, the 62 year old Thai prime minister disclosed plans regarding the Land Bridge project and the possibility of hosting a Formula One race in Thailand.…

  • Business News

    Thai stocks shed by foreign investors amidst delayed US rate cuts

    The Stock Exchange of Thailand (SET) reported that foreign investors offloaded Thai stocks to the tune of 68.9 billion baht (US$ 2 billion) in the first quarter, with 41.2 billion sold in March alone. This trend is linked to the delayed US interest rate cuts, weaker financial performance of Thai companies compared to those on other exchanges, and overall economic…

  • Thailand News

    Chinese investors linked to cadmium tailings trade in Thailand

    The Thai authorities have confirmed that Chinese investors were accountable for the trading of 13,832 tonnes of cadmium tailings in Thailand. Further cadmium waste has been uncovered in the provinces of Samut Sakhon and Chon Buri, with 5,358 tonnes of the chemical waste still unaccounted for. The Industrial Commission of the Secretariat of The House of Representatives received a tip-off…

  • Business News

    Thai condo market dominated by Chinese and Russian investors

    Foreign buyers from China and Russia dominated the Thai condominium market in 2023, as per data from the Real Estate Information Center (REIC). The report disclosed a total of 14,449 units, valued at 73.2 billion baht, were purchased by international buyers, marking a 25% increase from 2022. Chinese investors led the way, acquiring 6,614 units, approximately 46% of the total…

  • Business News

    Thailand stock exchanges extend trading hours to attract foreign investors

    The Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI) announced an extension of their daily trading hours starting March 25. This move will see the afternoon session open half an hour earlier, thus facilitating five hours of trade on the two exchanges daily. The SET stated that this alteration in trading hours is an effort to…

  • Business News

    Thai government insists on land bridge project amidst criticism, seeks international investors

    Despite facing criticism, the Thai government remains determined to proceed with its Land Bridge project, inviting foreign investors and prioritising environmental implications, especially in headwater regions. Government spokesperson Chai Wacharonke, addressing a mobile Cabinet meeting in Ranong, confirmed the government’s intent to engage foreign investors post the project’s promotion by Prime Minister Srettha Thavisin at three international events. These included…

  • Business News

    Thai retail investors now unrestricted in real estate, infrastructure-backed ICOs

    Retail investors in Thailand will no longer face restrictions on investment in real estate and infrastructure-backed initial coin offerings (ICOs), according to an announcement by the Securities and Exchange Commission (SEC). The change, effective from January 16, was made to encourage technology use for fundraising and to support sustainable capital market growth and the digital economy’s development. The SEC’s role,…

  • Business News

    Thai institutional investors foresee policy interest rate cut in 2024

    The Association of Investment Management Companies (AIMC) disclosed that institutional investors anticipate Thailand’s policy interest rate to reduce by 0.25% to 2.25% this year. Investors are encouraged to take a heavyweight stance on fixed-income assets. Chavinda Hanratanakool, AIMC chairwoman, conveyed the results of a survey conducted amongst institutional investors. The survey explored their views on economic conditions and interest rate…

  • Business News

    Thailand’s EV policies and tech partnerships attract foreign investors

    The Federation of Thai Industries (FTI) has projected that Thailand will become increasingly appealing to foreign investors, backed by distinct government policies encouraging investment. Prime Minister Srettha Thavisin recently endorsed a policy designed to stimulate Electric Vehicle (EV) production and consumption between 2024 and 2027. This incentive package, known as EV 3.5, is expected to be a significant determinant in…

  • Business News

    Thai stock exchange rises 1.5% but investors remain cautious

    The Stock Exchange of Thailand (SET) experienced a 1.5% rise on October 11, attracting foreign investors who bought almost 3 billion baht (US$82,648,050) in stocks. Despite this, seasoned investor 50 year old Watchara Kaewsawang, exhibited caution about re-entering the market, citing the recent increase as a short-lived technical rebound following a series of downturns. Watchara acknowledged that his trading activity…

  • Business News

    Thai PM assures Hong Kong investors of streamlined business process

    Prime Minister Srettha Thavisin yesterday extended a warm welcome to potential investors in Hong Kong, assuring them of Thailand’s readiness to encourage and facilitate investment. While serving as the finance minister, PM Srettha travelled to Hong Kong to meet with significant private entities and explore investment opportunities in Thailand. This visit to Hong Kong marked the beginning of a five-day…

  • Business News

    Fed’s high interest rates outlook spooks Thai stock market investors

    The hawkish stance of the Federal Reserve on maintaining “higher for longer” interest rates is projected to keep the Thai stock market in bearish territory. This comes as elevated rates pose a threat to global economic recovery, leading to consistent fund outflows from the Stock Exchange of Thailand (SET). Despite the expected decision by the US central bank to retain…

  • Thailand News

    Thailand’s 1 trillion baht land bridge project seeks foreign investors

    Thailand’s Transport Ministry is actively seeking investors for a megaproject, dubbed the land bridge, which aims to connect Chumphon on the Gulf of Thailand’s eastern coastline to Ranong along the Andaman Sea. The mission to attract funds will involve roadshows in China, Europe, and the United States. Suriya Jungrungreangkit, the Transport Minister, shared these updates on the project’s progress in…

  • Business News

    ThaiBMA warns investors about corporate bonds as firms struggle amidst pandemic

    The Thai Bond Market Association (ThaiBMA) is urging caution among investors considering corporate bonds due to ongoing challenges faced by several companies in the aftermath of the Covid-19 pandemic. Ariya Tiranaprakit, ThaiBMA’s executive vice president, highlighted that three companies failed to meet debenture payments totalling 12.1 billion baht this year. Additionally, some firms struggled to adhere to corporate bond payment…

  • Thailand News

    Thai woman arrested for alleged 9 million baht pyramid scheme that left 100 investors in the red

    A 34 year old woman was arrested this morning following accusations of running a pyramid scheme that duped over 100 investors and led to losses exceeding 9 million baht (US$257,880). Kanittha Senkhoksung was arrested in her home located in Moo 1 village, Tambon Nong Nam Daeng of Pak Chong district, Nakhon Ratchasima province, by the Crime Suppression Division (CSD) police.…

  • Thailand News

    Affordable and enriched living in Thailand attracts foreign investors

    Thailand is making waves on the world stage with what International Living defines as its attractive blend of enriched living at pocket-friendly costs. The gem in the Thai living appeal seems to be the lucrative real estate sector where, as International Living puts it: “Foreigners are able to buy condos very easily and there are bargains everywhere.” Along with attractive…

  • Business News

    Japanese investors seek Thai tech startups for regional expansion

    Thai tech startups have caught the attention of Japanese investors, who are keen to support their expansion into regional markets, according to an executive at Bank of Ayudhya (Krungsri). Southeast Asia, and Thailand in particular, are considered prime investment locations for Japanese investors, who see potential in the country’s high-growth tech startups. Bunsei Okubo, head of Japanese corporate and multinational…

  • Business News

    Thai election fallout hits SET, investors dump big-cap stocks

    Despite initial optimism that the General Election could reverse the “sell in May” phenomenon, the recent poll sent the Stock Exchange of Thailand (SET) index into a tailspin, dipping 3% the first week after the election. Political uncertainties have triggered an outflow of funds, worsening the situation for Asia’s worst-performing bourse this year. The market capitalisation of the SET has…

  • Business News

    Thai stock market rebounds with net inflows as investors absorb negative US news

    The Thai stock market has begun experiencing net inflows this week after significant capital outflows during the first four months of the year, according to the Stock Exchange of Thailand (SET). Investors have seemingly absorbed negative news regarding the US banking crisis and the possibility of a recession. Soraphol Tulayasathien, a senior executive vice president, expressed hope that May would…

  • Thailand News

    Southern Thailand’s struggle to attract foreign investors

    The Southern Region Industrial Estate in Songkhla province of Thailand is unusually quiet. Long winding roads, usually bustling with heavy vehicles, are mostly empty. There are only two industrial estates in southern Thailand, the other being the Songkla Industrial Estate. In total, there are 67 industrial estates across the country. Sirianya Pornsuwankun, a tenant of the Southern Region Industrial Estate…

  • Thailand News

    Thailand to host ‘economic roadshows’ to attract foreign investors

    Thai PM Prayut Chan-o-cha has ordered the relevant authorities to host “economic roadshows” to draw foreign investors back to Thailand. The first event was held in Japan earlier this month, from April 13 – 23, with similar events planned for European countries, as well as the US, South Korea and Taiwan. During a press conference this morning, deputy spokesperson Trisulee Trisaranakul…

  • Thailand News

    Thai AirAsia X seeks for new investors as flights to resume next year

    Thai AirAsia X under the AirAsia group, is seeking new investors for a major restructuring in order to resume international flights next year, after a two-year halt of its low-cost carriers. According to Tassapon Bijleveld, executive chairman of SET-listed Asia Aviation (AAV), and a shareholder of Thai AirAsia X, the 11-aircraft fleet was reduced to seven earlier this year, and…

  • Economy News

    Foreign investors eye business in Thailand as hotels face closure during new outbreak

    The new wave of Covid-19 infections this month has led to a drop in occupancy rates at Thailand hotels, some reporting drops of 5% to 30%, battering hoteliers that have already been struggling from a year of little to no foreign tourists. Some hotel operators have been forced to sell their businesses, according to the president of the Arjarnnar Asset…