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BUSINESS

AIA expects digital to make up 50% of sales by year-end

Business, Darana Chudasri, Published on 30/07/2021

» AIA Thailand expects insurance sales via digital channels to reach 50% by the end of this year, up from 40% at present, spurred by work from home and social distancing during the pandemic.

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BUSINESS

Experts urge portfolio rejig

Business, Darana Chudasri, Published on 10/06/2021

» Investment experts recommend raising the weight of equities from developed markets to 20% from 15% to offset the impact of an upcoming quantitative easing (QE).

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BUSINESS

Bitcoin tumbles to a four-month low at B1.22mn

Business, Darana Chudasri, Published on 20/05/2021

» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.

BUSINESS

LEO upgrades revenue growth outlook for 2021

Business, Darana Chudasri, Published on 12/05/2021

» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.

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BUSINESS

Rising metal prices to affect key industries

Business, Darana Chudasri, Published on 28/04/2021

» Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say.

BUSINESS

BLS projects positive outlook for Thai equities

Business, Darana Chudasri, Published on 02/01/2021

» Bualuang Securities (BLS) forecasts a bullish trend for the country's equity market this year, predicting the Stock Exchange of Thailand (SET) Index to reach 1,550 points in line with the global V-shaped recovery.

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BUSINESS

Thailand ranks No.2 among Asian IPOs

Business, Darana Chudasri, Published on 29/12/2020

» Thailand grabbed the No.2 spot for initial public offerings (IPOs) in Asia in 2020, raising US$4.96 billion in total, behind only China if excluding cross-listed shares from other bourses such as infrastructure funds (IFFs) and real estate investment trusts (REITs).

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BUSINESS

Internet stock trading accounts increase by 22.7%

Business, Darana Chudasri, Published on 09/12/2020

» Internet securities trading accounts increased by 553,000 or 22.7% during the first three quarters to 3.02 million accounts, driving total securities trading accounts to 3.32 million at the end of September.

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BUSINESS

Critical capital market challenges outlined

Business, Darana Chudasri, Published on 25/11/2020

» Thai capital markets face four pending challenges going forward, referring to SEC-R (sustainability, equality, competitiveness, and resilience) pressured by the 'five Ds' (debt, division, divergence, digitalisation, and degradation of the environment), said the keynote speaker at the 2020 Capital Market Symposium, hosted by the Securities and Exchange Commission (SEC).

BUSINESS

Private fund growth booms in search for yield

Business, Darana Chudasri, Published on 23/11/2020

» Private funds saw huge growth in the first nine months of the year, despite the outbreak and the shrinking economy, according to data from the Association of Investment Management Companies (AIMC) and the Securities and Exchange Commission (SEC).