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Search Result for “coronavirus outbreak”

Showing 1 - 10 of 17

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BUSINESS

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.

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BUSINESS

Price of coronavirus policies expected to fall 20%

Business, Darana Chudasri, Published on 11/01/2021

» The price of Covid-19 insurance is set to be reduced by 20% because of the low total claims last year, only 1.87% of total premiums, says Anon Vangvasu, president of the Thai General Insurance Association (TGIA).

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BUSINESS

OIC studies aid options for capital support measures

Business, Darana Chudasri, Published on 20/08/2020

» The Office of the Insurance Commission (OIC) says it is considering additional assistance measures and close supervision to help businesses during the outbreak crisis, easing regulations and reducing costs for insurers through a digital platform.

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BUSINESS

MTL unveils lump-sum health rider

Business, Darana Chudasri, Published on 01/07/2020

» Health protection premiums surged 30% year-on-year at Muang Thai Life Assurance (MTL) in the first four months of 2020, bucking the trend of the company's gross written, renewal and new premiums, which fell across the board in the same period.

BUSINESS

ASP projects 11% plunge in second-quarter figures

Business, Darana Chudasri, Published on 02/06/2020

» Thailand's economic contraction is forecast to see a double-digit plunge this quarter, with a hard landing scenario in private consumption and tourism, says Asia Plus Securities (ASP).

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BUSINESS

A safe pair of hands for the family legacy

Business, Darana Chudasri, Published on 30/05/2020

» Taking over a business from parents is not as easy as some may think. Heirs and heiresses ultimately have to prove their diligence and ability, regardless of their last name. In many cases, they expand the family business; in others, they drive it into the ground.

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BUSINESS

ASP: Likelihood of deflation rising

Business, Darana Chudasri, Published on 08/05/2020

» Thailand's economy is facing a greater risk of deflation after a two-month easing of headline inflation, with global stock markets experiencing another sell-off trend this month, says Asia Plus Securities (ASP).

BUSINESS

E-payment sees fast growth

Business, Darana Chudasri, Published on 07/05/2020

» TrueMoney Wallet, the largest electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers' spending patterns.

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BUSINESS

Mad dash to cash in on gold spike

Business, Darana Chudasri, Published on 16/04/2020

» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.

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BUSINESS

REITs dull as hotels empty

Business, Darana Chudasri, Published on 14/04/2020

» A drastic fall in hotel occupancy rates has made investment in real estate investment trusts (REITs) and property funds less attractive compared with the hype seen last year, with selective investments suggested in this asset class.