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BUSINESS

Markets at the tip of your fingers

Business, Darana Chudasri, Published on 31/07/2021

» For Chonladet Khemarattana, chief executive officer and co-founder of Robowealth, a Thai wealth tech startup and mutual fund brokerage, it's always the small pieces that make the big picture.

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BUSINESS

AIA expects digital to make up 50% of sales by year-end

Business, Darana Chudasri, Published on 30/07/2021

» AIA Thailand expects insurance sales via digital channels to reach 50% by the end of this year, up from 40% at present, spurred by work from home and social distancing during the pandemic.

BUSINESS

OIC, DLT sign agreement on car insurance tracking

Business, Darana Chudasri, Published on 18/09/2020

» The Office of Insurance Commission (OIC) and the Department of Land Transport (DLT) will share real-time data on compulsory car insurance this year, aiming to reduce the number of uninsured vehicles on the road, especially motorcycles.

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BUSINESS

CP's Ascend Money offers micro-credit

Business, Darana Chudasri, Published on 05/09/2020

» Ascend Money, the fintech arm of Ascend under CP Group, is jumping into micro-credit lending, offering loans of less than 10,000 baht to underserved customers who cannot access traditional loans, a market worth 5-10 billion baht.

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BUSINESS

Compensating farmers with a high-tech touch

Business, Darana Chudasri, Published on 11/07/2020

» Thai fragrant jasmine rice has been a renowned agricultural product for a long time, promising an aromatic taste and a stream of revenue to farmers who are regarded as the country's backbone.

BUSINESS

Savings accounts surge 14%

Business, Darana Chudasri, Published on 02/07/2020

» Banks' outstanding balance in savings accounts at the end of June jumped 14% from the end of last year, showing money continued to pour into bank deposits as they are perceived a safe haven amid economic uncertainties caused by the pandemic, despite the rock-bottom interest rates.

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BUSINESS

Allianz turns to health for growth driver

Business, Darana Chudasri, Published on 10/06/2020

» Allianz Ayudhya Assurance plans to maintain business growth by focusing on health insurance premiums, a key driver for life insurance expansion, aiming to have 50% of total premiums allocated to the health insurance business.

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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.

BUSINESS

Allianz Ayudhya banks on health protection products

Business, Darana Chudasri, Published on 04/03/2020

» Allianz Ayudhya Assurance Plc aims for 3% growth in total premium to 33 billion baht in 2020, staying focused on health protection products.