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BUSINESS

Gold speculators advised to resist profit-chasing

Business, Darana Chudasri, Published on 25/07/2020

» Gold speculators are being urged to exercise caution after the domestic gold price continued to make all-time highs this week, with gold futures also experiencing substantial trading volume.

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BUSINESS

MTL unveils lump-sum health rider

Business, Darana Chudasri, Published on 01/07/2020

» Health protection premiums surged 30% year-on-year at Muang Thai Life Assurance (MTL) in the first four months of 2020, bucking the trend of the company's gross written, renewal and new premiums, which fell across the board in the same period.

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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.

BUSINESS

E-payment sees fast growth

Business, Darana Chudasri, Published on 07/05/2020

» TrueMoney Wallet, the largest electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers' spending patterns.

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BUSINESS

OIC allows brief digital auto policies

Business, Darana Chudasri, Published on 24/04/2020

» The Office of the Insurance Commission (OIC) is poised to enable non-life insurers to offer digital auto insurance with coverage for less than a standard 12-month period as the public becomes more familiar with digital tools during the coronavirus crisis.

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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

Time to shine for Hua Seng Heng's third-gen CEO

Business, Darana Chudasri, Published on 28/03/2020

» Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.

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BUSINESS

Gold bar price spread widened to B300

Business, Darana Chudasri, Published on 26/03/2020

» The Gold Traders Association has widened the price spread for trading local gold bars to 300 baht, as the global gold trade faces transport problems because of the Covid-19 pandemic.

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.

BUSINESS

Roojai aims for top 10 in auto segment

Business, Darana Chudasri, Published on 14/02/2020

» Roojai.com, an online motor insurance broker, targets 72% growth in premiums to 910 million baht this year, as well as a 64% rise in the number of customers to 90,000.