SEC Secretary-General Ruenvadee Suwanmongkol said: “Today, the Minister of Finance has announced the results of the World Bank’s Doing Business Report 2020, with the overall ranking for Thailand at No. 21, six levels higher than No. 27 in the preceding year, and No. 5 within the Asia-Pacific region. Two areas of better performances were (1) Dealing with Construction Permits and (2) Protecting Minority Shareholder. “During the course of assessment, the SEC proactively participated in the r...
At present, money market funds are used by investors as a tool to manage liquidity and a place to park money for a short time, besides keeping it in banking accounts. As of February 2018, the size of money market funds was 240 billion baht, or 3% of savings deposit. In the future the Deposit Protection Agency would reduce the maximum insured amount of bank deposit to only 1 million baht. Hence, money market funds are likely to grow in size and emerge as an alternative for people looking for the...
Pursuant to the MOU, SEC and TGO will cooperate in sharing knowledge, communicating and giving advice to listed companies, securities issuers or business operators under SEC supervision regarding the importance and the benefits of reporting carbon footprint for organization. Both parties will also ensure to have Carbon Footprint for Organization monitoring, reporting and verification (MRV) system in place in accordance with international standards. On 19 August 2020, SEC in cooperation with TGO,...
diverging monetary policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Given the changing customer behavior amid new technologies, regulatory changes and
. Furthermore, it seeks to enhance the efficiency of bondholders’ representatives in fulfilling their duties and bolster the credibility and protection of debt securities investors. The SEC and ThaiBMA are
-changing consumer behavior. Given the increased degree of uncertainty in global economies and politics, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Within this
came from both an increase of Baht 468 million, or 2.93 percent in non-interest income, which was derived mainly from revenue from capital market products and rising net fees and service income, and an
255 million or 1.11 percent in net interest income, derived from rising interest income from investment. KBank maintained key financial ratios at levels consistent with our overall economic performance
from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent