Showing 1 - 10 of 53
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.
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.
MTL alert to demographic time bomb
Business, Darana Chudasri, Published on 05/07/2021
» Muang Thai Life Assurance (MTL) has rejigged its organisational structure to prepare for Thailand's transition towards an increasingly ageing society, viewed by the company as an economic time bomb.
TQM continues with aggressive growth strategy
Business, Darana Chudasri, Published on 12/12/2020
» TQM Corporation takes pride in always being prepared, which has paid off during the pandemic.
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.
Third quarter crucial for signs of recovery
Business, Darana Chudasri, Published on 29/07/2020
» After Thailand's stock exchange took an unprecedented beating in the first half this year, analysts and traders are looking to the third quarter to see if the country can rebound quickly or will continue to flounder from the pressure of low exports and lethargic tourism.
SCB Securities: Lower P/B ratio for market ahead
Business, Darana Chudasri, Published on 14/07/2020
» Thailand's stock market has entered a new era in terms of share valuation, with a lower price-to-book (P/B) ratio predicted, says SCB Securities (SCBS).
Asia Capital defaults on B689m debt
Business, Darana Chudasri, Published on 26/06/2020
» MAI-listed Asia Capital Group Plc (ACAP) has defaulted on the repayment of debentures worth 689.40 million baht, subsequently resulting in a cross-default involving other debts totalling 1.89 billion baht.
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).
Bearish market good for treasury stock
Business, Darana Chudasri, Published on 27/05/2020
» When the stock market is bearish or the economic outlook has high uncertainty, treasury stock remains a popular alternative for listed companies to manage cash and improve financial ratios.