The Stock Exchange of Thailand (SET) is considering extending the night trading period for gold futures to serve high demand for gold investment amid foreign exchange fluctuations and prospects of slower global economic growth. Rinjai Chakornpipat, managing director of the Thailand Futures Exchange (TFEX) and the SET’s senior executive vice-president, said the TFEX’s gold members have […]
Read MoreKUALA LUMPUR: The ringgit extended yesterday’s uptrend to open higher against the US dollar this morning as demand for the greenback was fragile amid uncertainty about the US-China trade talks, dealers said. At 9 am, the ringgit was quoted at 4.0700/0740 compared to Tuesday’s close of 4.0780/0830. He said the greenback was under pressure as […]
Read MoreKUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and its joint venture partners Repsol and MOECO have made the largest gas find in Indonesia in 18 years in the Sakakemang block in South Sumatara. Repsol said on Wednesday the KBD-2X well provides preliminary estimation of at least 2 trillion cubic feet (TCF) of recoverable resources. “The find […]
Read MoreTHE Asia-Pacific is the only region that can expect growth in hotel transaction volumes this year, according to the latest JLL Hotel Investment Outlook. The global real-estate consultant anticipates Asia-Pacific’s total hotel transaction volume to hit US$9.5 billion (Bt297 billion) this year, marking a 15-per-cent increase from last year. In 2018, transaction activity was fuelled […]
Read MoreThe Thai Bankers Association or TBA expects to use digital ID by March this year, the association’s chairman of payment systems, Yos Kimsawate, said recently. He added that the first phase of digital ID will use electronic customer identification, or e-KYC, to open accounts, and could be in place as early as this March. A […]
Read MoreMANILA, Philippines — Foreign selling pulled down the market yesterday, sending the index below the 8,000 mark. The benchmark Philippine Stock Exchange index tumbled by 76.83 points, or 0.97 percent, to close at 7,833.75. The broader All Shares gauge, meanwhile, was down 38.71 points, or 0.80 percent, to end at 4,802.89. The sectoral indices fared […]
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