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Search Result for “digital assets”

Showing 1 - 10 of 85

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INVESTMENT

Securities and Exchange Commission sounds alarm on fraud

Business, Nuntawun Polkuamdee, Published on 18/09/2024

» The Securities and Exchange Commission (SEC) has warned investors to exercise caution when using the services of unlicensed operators selling securities, derivatives and digital assets, including foreign operators, as they could be pitching scams or fraudulent offers.

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THAILAND

TIDLOR Showcases Insurance Brokerage Technology

Published on 16/09/2024

» Ngern Tid Lor Public Company Limited ("TIDLOR" or "the Company"), led by Mr. Piyasak Ukritnukun, Managing Director, stated that an overview of the company’s business performance in the past, in addition to the continuous growth of the vehicle title loan business, currently boasting over 100 billion baht in outstanding loan portfolio and firmly establishing TIDLOR as a market leader. In parallel, the company has also focused on expanding its insurance brokerage business, driven by a commitment to increase public access to insurance coverage. As part of this initiative, TIDLOR pioneered the introduction of 0% cash installment service for car insurance premiums, which was gained widespread popularity among consumers due to its obvious benefits and has since become a standard offering in the industry. Today, many insurance brokers have adopted this service model, making it a widely accepted solution for customers. 

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GENERAL

Department of Business Development bolsters SME shift to e-commerce

Business, Phusadee Arunmas, Published on 14/09/2024

» The Department of Business Development is stepping up efforts to support e-commerce adoption by small and medium-sized enterprises (SMEs), with growth of e-commerce expected to reach 750 billion baht in 2025.

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GENERAL

Fraying the ties that bind

Business, Post Reporters, Published on 09/09/2024

» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.

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THAILAND

BDMS and Medsi Group Partner for Healthcare Excellence

Published on 06/09/2024

» Bangkok Dusit Medical Services (BDMS) and Russia's Medsi Group have signed a Memorandum of Understanding (MoU) to expand cooperation between the two largest private healthcare providers in Thailand and Russia. The agreement was formalised at Medsi Group's headquarters in Moscow. Medsi Group President, Mr. A.G. Sokolov, and BDMS Senior Vice President of International Marketing, Advertising & PR, Mr. Buranut Limjitti, signed the agreement.

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GENERAL

Thai stocks and baht jump on cabinet news

Published on 05/09/2024

» Thai stocks climbed by the most since March last year, with the baht also rallying on optimism over policy continuity after the formation of the new government.

GENERAL

DBS targets wealth management growth in Thailand

Business, Nuntawun Polkuamdee, Published on 05/09/2024

» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.

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INVESTMENT

Bualuang slashes year-end SET target to 1,396

Business, Nuntawun Polkuamdee, Published on 04/09/2024

» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.

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THAILAND

Bangchak Drives Sustainable Growth with Bold 2030 Targets

Published on 03/09/2024

» Bangchak Corporation Public Company Limited celebrated its success in the first half of 2024, marking its 40th anniversary as it steps into its fifth decade. This milestone year has been characterised by synergy realisation, transformation, and growth, all driven by a clear strategic vision that coordinates excellence within the group to enhance efficiency, ensure continuous business expansion, and maintain financial discipline. The company targets an EBITDA of THB 100 billion by 2030, reaffirming its leadership in the Thai energy sector and establishing a solid foundation for sustainable growth. 

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GENERAL

Small firms feel the pinch amid an array of challenges

Business, Wichit Chantanusornsiri, Published on 31/08/2024

» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.