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BUSINESS

CIMBT hunts for edge after US poll

Business, Darana Chudasri, Published on 04/11/2020

» Thailand should maintain strong relationships with both the US and China, no matter who becomes the next US president, says CIMB Thai Bank (CIMBT).

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BUSINESS

SEC preps penalties for errant auditors

Business, Darana Chudasri, Published on 24/10/2020

» The Securities and Exchange Commission (SEC) is preparing a fine for auditing firms that make errors, aiming for quality internal control for auditors and a quality external audit process for listed companies.

BUSINESS

Mazars flags tourism-related closures

Business, Darana Chudasri, Published on 23/10/2020

» Business closures of companies related to tourism have doubled as a result of Covid-19, says Mazars Group, a French-based international tax, audit and advisory firm.

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BUSINESS

Corporate bonds on a roll

Business, Darana Chudasri, Published on 12/10/2020

» Companies are offering larger amounts of corporate bonds to retails than ever in the past five years, and now may be an ideal time to take advantage of the attractive interest rates and high yields, say industry analysts.

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BUSINESS

ASP expects no further GDP downgrades

Business, Darana Chudasri, Published on 09/10/2020

» The country's economic forecasts are unlikely to be revised down further this year despite Thai stocks looking bearish in the fourth quarter, says Asia Plus Securities.

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BUSINESS

MTS: Bullish gold trade in medium term

Business, Darana Chudasri, Published on 08/10/2020

» MTS Gold Group, one of the country's largest bullion traders, predicts domestic gold trading volume will remain bullish in the medium term because of sideways price movement and an upward trend that could hit 30,000 baht by next year.

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BUSINESS

Deadline set for THAI creditors

News, Darana Chudasri, Published on 24/09/2020

» A deadline has been set for individual creditors to recover their money from Thai Airways International (THAI), with applications for debt repayment through corporate bonds getting underway on Wednesday.

BUSINESS

OIC, DLT sign agreement on car insurance tracking

Business, Darana Chudasri, Published on 18/09/2020

» The Office of Insurance Commission (OIC) and the Department of Land Transport (DLT) will share real-time data on compulsory car insurance this year, aiming to reduce the number of uninsured vehicles on the road, especially motorcycles.

BUSINESS

Office of the Insurance Commission readies rule reform scheme

Business, Darana Chudasri, Published on 10/09/2020

» The Office of the Insurance Commission (OIC) is implementing a regulatory reform plan to buffer the insurance industry against future risks through digitalisation and public insurance literacy.

BUSINESS

New capital calculation to benefit markets, firms say

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

» Insurance companies say an adjustment of the risk-based capital calculation criteria will create positive investor sentiment for risk management and could benefit capital markets.