Showing 1 - 10 of 41
Insurers must embrace AI tools
Oped, Published on 09/04/2025
» Over the past year and a half, insurers have been pulling out of high-risk areas at an alarming rate. Nowhere has this been more obvious than in California, where wildfires have become more frequent and intense -- the Los Angeles conflagration in January being only the latest in a series of devastating blazes. And it's not just wildfires: the Golden State is also prone to large, damaging floods.
HIV workers race to plug funding gaps after Trump USAID cuts
Published on 03/04/2025
» JOHANNESBURG - Tarryn Lokotsch can see the US aid money she desperately needs to help South African rape survivors sitting in her organisation's bank account, but she cannot touch a cent of it.
Crypto Tap-to-Pay Revolutionises Travel in 2025
Published on 02/04/2025
» Travel has always been exciting, but managing money while exploring different countries used to be a major headache. Converting BTC to USD before trips and then USD back to local currencies was once complicated and time-consuming.
TIDLOR Reports Record Profit and Strong Insurance Growth
Published on 11/02/2025
» Ngern Tid Lor Public Company Limited (“TIDLOR” or the “Company”) reported a record-high net profit of THB 4,230.5 million for 2024, reflecting an 11.6% year-on-year (YoY) growth. This impressive performance was driven by an expansion in lending operations, an improvement in net interest margin, and strong results in the insurance brokerage business.
How gold fosters economic growth and prosperity
Business, Published on 12/12/2024
» As we move into 2025, gold offers a unique opportunity to provide stability amid geopolitical uncertainties. Traditionally, gold is a symbol of prosperity and wealth in Thai culture, often used to celebrate major family milestones such as weddings, birthdays and the arrival of newborns.
Generali and UNDP are building MSME resilience in Thailand
Published on 29/11/2024
» Generali Thailand and the United Nations Development Programme (UNDP) have announced a collaboration, building upon a global partnership, to support the growth and sustainability of Micro, Small, and Medium Enterprises (MSME) in Thailand. The initiative aims to enhance MSMEs, which are crucial to the country’s economic structure, and help them prepare for future challenges. The partnership begins with developing an MSME Social Protection Framework, a risk assessment tool designed to improve readiness and raise awareness of the risks facing entrepreneurs’ while providing strategies to mitigate them. This includes narrowing the protection gap for business operators through insurance solutions designed to strengthen business stability and sustainability.
Central bank introduces open banking data initiative
Business, Published on 04/10/2024
» The Bank of Thailand launched an open data initiative on Thursday for the financial system, allowing Thais to share their personal data with financial institutions in order to improve their access to financial services.
Disasters cost $268 billion in 2022: Swiss Re
AFP, Published on 01/12/2022
» GENEVA - Natural and man-made catastrophes have caused $268 billion of economic losses so far in 2022, chiefly driven by Hurricane Ian and other extreme weather disasters, reinsurance giant Swiss Re estimated Thursday.
Seeking a flood-resilient future in SEA
Oped, Published on 03/09/2022
» The Asia-Pacific region has been plagued by large-scale natural catastrophes and consequent financial damage in recent years, with total economic losses reaching US$50bn (1.8tn baht) last year according to Munich Re's NatCat (Natural Catastrophes) Service Annual report. Yet, just approximately 17% (US$8.4bn) of those losses were insured, highlighting the large protection gap in this part of the world.
“Ngern Tid Lor” expands to 1,500 branches and more omni-channel service points
Published on 10/08/2022
» Ngern Tid Lor Public Company Limited (TIDLOR), represented by Chaweemas Yamyim, Head of Branch Development & Sales Management and Collections Department, and Supachoke Akkarakulyos, SVP Branch Sales Management & Channel Management, Branch Development & Sales Management Department, celebrated the opening of 1,500 branches of Ngern Tid Lor nationwide.