Showing 81 - 90 of 531
OR IPO tipped to draw droves of new investors
Business, Darana Chudasri, Published on 30/01/2021
» PTT Oil and Retail's (OR) initial public offering (IPO) subscription is expected to draw thousands of new investors to the Thai stock market, with novel trading accounts likely to exceed 35,000 this month.
MTB gets B200m capital boost for online expansion
Business, Darana Chudasri, Published on 29/01/2021
» Muang Thai Group Holding (MTGH) has injected 200 million baht into its subsidiary Muang Thai Broker (MTB) to expand its presence in the growing online insurance market, says Sara Lamsam, MTL's president and chief executive.
Investment eyed in lower-grade bonds
Business, Darana Chudasri, Published on 28/01/2021
» The Office of the Insurance Commission (OIC) is poised to allow insurance companies to invest in non-investment grade bonds to seek higher investment returns amid a struggling economy, says a market source who requested anonymity.
Frank gets rebranded as Bolttech
Business, Darana Chudasri, Published on 27/01/2021
» Frank Insurance, a digital insurance broker, rebranded as Bolttech Insurance Broker (Thailand) last week in an effort by its Hong Kong-based parent company to consolidate digital insurance units under one brand.
OR's IPO generates public appeal
Business, Darana Chudasri, Published on 26/01/2021
» PTT Oil and Retail Business's (OR) IPO garnered strong investor demand on its first day of retail subscriptions on Sunday, but many were unable to access distribution channels to purchase the stock due to three bank applications becoming unresponsive following high traffic.
MTL's first-year premiums poised to expand 8-10%
Business, Darana Chudasri, Published on 26/01/2021
» Muang Thai Life Assurance (MTL) expects its first-year premiums for life insurance to grow 8-10% this year, spurred by health protection and investment that contribute about 70% of the total product mix, after two years of contraction.
FWD, SCB join for outpatient policies
Business, Darana Chudasri, Published on 21/01/2021
» FWD Insurance has allied with Siam Commercial Bank (SCB) to serve untapped demand for medical expenses coverage for outpatient department (OPD) care, with targeted sales of 1 billion baht.
Energy stocks set to drop during OR IPO
Business, Darana Chudasri, Published on 18/01/2021
» The upcoming initial public offering (IPO) of PTT Oil and Retail (OR) will likely cause prices of other stocks in the energy sector to drop during the subscription period after institutional investors rebalance their portfolios, analysts say.
TBMA: Firms choose loans for funding
Business, Darana Chudasri, Published on 14/01/2021
» The Thai Bond Market Association (TBMA) expects the policy interest rate will remain at 0.5% throughout 2021, while issuance of new long-term corporate bonds is projected at 700-750 billion baht as the real sector turns to bank loans, says TBMA president Tada Phutthitada.
TGIA mulls launch of BI insurance policies
Business, Darana Chudasri, Published on 13/01/2021
» The Thai General Insurance Association (TGIA) is studying the feasibility of launching insurance for business interruptions (BI) caused by Covid-19 or other emerging diseases to allow businesses to be more resilient to future outbreak-related shutdowns.