Showing 1 - 10 of 23
Blockchain regulation a tough task despite great potential
Business, Darana Chudasri, Published on 31/05/2021
» Utility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised.
BROOK cryptocurrency filing a first
Business, Darana Chudasri, Published on 13/05/2021
» The Brooker Group's (BROOK) unprecedented filing to the Securities and Exchange Commission regarding its investment in cryptocurrencies marked the first time a Thai-listed company publicly announced its cryptocurrency holdings amid growing concerns over investment risks associated with these emerging assets.
OIC keen to enforce new regulations
Business, Darana Chudasri, Published on 20/09/2019
» The Office of the Insurance Commission (OIC) aims to enforce the risk-based capital (RBC) 2 regulations by year-end after a public hearing suggested that some insurance firms are prepared to adopt the new rules.
PP Prime in B580m default
Business, Darana Chudasri, Published on 01/08/2019
» SET-listed PP Prime Plc (PPPM), a maker and distributor of aquatic animal feed, has defaulted on debentures worth 580 million baht, with the looming possibility of a cross-default worth more than 1 billion baht in total.
J Ventures hits brakes on further ICOs as JFin flags
Business, Darana Chudasri, Published on 07/05/2019
» J Ventures Co Ltd, a subsidiary of SET-listed Jay Mart Plc, will not raise funds from new initial coin offerings (ICOs), but instead aim to stimulate the use of JFin coins as a medium of goods and services payment.
Squabbling over securities
Business, Darana Chudasri, Published on 13/09/2018
» In an ocean full of financial sharks, life can be difficult for retail investors, especially when these investors have little or no power to exercise their rights when those at the top commit fraud.
Raising actuaries to supply Thai firms
Business, Darana Chudasri, Published on 13/07/2018
» Working as an actuary is a challenging career for those enthralled with mathematics and numbers, with brisk job growth prospects as Thailand has very few people on this career path.
Mixed-use projects push debt funding
Business, Darana Chudasri, Published on 12/07/2018
» Debt funding, such as bond issuance from commercial developers, is expected to increase in the medium term because of several large mixed-use projects in the pipeline, which could cause higher leverage and oversupply if economic growth weakens, says Fitch Ratings.
OIC eyes method to bolster risk management by 2019
Business, Darana Chudasri, Published on 06/07/2018
» The Office of the Insurance Commission (OIC) plans to implement an own risk and solvency assessment (ORSA) and revise the risk-based capital (RBC) rule to enhance risk management, expecting the change to come into effect by mid-2019.
OIC: Virtual vagaries bar local cryptoproducts
Business, Darana Chudasri, Published on 30/05/2018
» Despite the existence of products to insure against losses incurred from cryptocurrency transactions in foreign countries, such products are not allowed in Thailand because of the vague status of virtual currencies, says the Office of Insurance Commission (OIC).