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BUSINESS

System to help agents hone digital skills

Business, Darana Chudasri, Published on 04/08/2021

» The Thai Life Assurance Association (TLAA) is developing an e-examination and online learning system to help insurance agents refine their digital skills and survive in the era of social distancing.

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BUSINESS

Markets at the tip of your fingers

Business, Darana Chudasri, Published on 31/07/2021

» For Chonladet Khemarattana, chief executive officer and co-founder of Robowealth, a Thai wealth tech startup and mutual fund brokerage, it's always the small pieces that make the big picture.

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BUSINESS

SMK lashed over Covid termination

Business, Darana Chudasri, Published on 17/07/2021

» Thailand's regulator warned Syn Mun Kong Insurance (SMK) on Friday that it cannot arbitrarily terminate Covid-19 insurance contracts with lump-sum payments, threatening legal action or fines if the insurer moves forward with its plan.

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BUSINESS

Foreign stocks considered for derivative warrants

Business, Darana Chudasri, Published on 16/07/2021

» Local investors may be granted new access to foreign shares this year through derivative warrants (DW) as the Stock Exchange of Thailand (SET) is asking for approval from the regulator to use international stocks as an underlying asset for the product, says SET senior executive vice-president Rinjai Chakornpipat.

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BUSINESS

Gold prices surge 4% over Covid, baht fears

Business, Darana Chudasri, Published on 15/07/2021

» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.

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BUSINESS

TBMA upgrades bond issuance outlook to B900bn

Business, Darana Chudasri, Published on 09/07/2021

» The Thai Bond Market Association (TBMA) upgraded its projection for corporate bond issuance this year to 900 billion baht from 700-750 billion as private companies seek to replenish capital reserves amid economic uncertainties, says TBMA president Tada Phutthitada.

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BUSINESS

Covid claims snowball in last 45 days

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

» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.

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BUSINESS

Life assurance maintains modest growth target this year

Business, Darana Chudasri, Published on 19/06/2021

» The Thai Life Assurance Association (TLAA) is maintaining its growth target between -1% to 1% this year and may take a more conservative approach for the remainder of 2021 as uncertainties from the third wave of the outbreak persist, says president Sara Lamsam.

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BUSINESS

REIT prices edging near pre-Covid levels

Business, Darana Chudasri, Published on 16/06/2021

» Prices of global real estate investment trusts (REITs) edged near pre-pandemic levels following the economic recovery and progress in global vaccine distribution, while Thai REITs remain the laggard despite excellent returns compared to global counterparts and government bonds, says Veena Lertnimitr, executive vice-president of Siam Commercial Bank.

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BUSINESS

Robust daily trading volume on TFEX

Business, Darana Chudasri, Published on 28/05/2021

» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.