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BUSINESS

Covid-19 lump sum policies to cease

Business, Darana Chudasri, Published on 24/03/2020

» Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.

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BUSINESS

BoT tightens belt on consumer loans

Business, Published on 30/06/2017

» The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

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BUSINESS

Owe what a feeling

Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015

» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.