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Search Result for “thailand”

Showing 21 - 30 of 942

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BUSINESS

Covid insurance continues surge in April

Business, Darana Chudasri, Published on 14/05/2021

» Accumulated Covid insurance premiums spiked by 2.2 billion baht from 6.45 million policies in April, driving the total premiums received to 7.15 billion baht over 14 months since the beginning of the pandemic.

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BUSINESS

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.

BUSINESS

LEO upgrades revenue growth outlook for 2021

Business, Darana Chudasri, Published on 12/05/2021

» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.

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BUSINESS

Tidlor share prices rally on market debut

Business, Darana Chudasri, Published on 11/05/2021

» Shares of Ngern Tid Lor Co Ltd (Tidlor), a microcredit provider under Bank of Ayudhya (BAY), rallied 25.34% above its initial public offering (IPO) price of 36.50 baht, hitting 55.50 baht before closing at 45.75 baht on Monday, in its debut on the Stock Exchange of Thailand (SET).

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BUSINESS

Covid claims projected to pass B500m

Business, Darana Chudasri, Published on 04/05/2021

» Total Covid-19 insurance claims since policies launched in March 2020 are expected to reach 500 million baht as of the end of April, spurred by a surge last month, says Anon Vangvasu, president of Thai General Insurance Association.

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BUSINESS

ID check required for new crypto accounts

Business, Darana Chudasri, Published on 03/05/2021

» Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers' identities through a "dip-chip" machine that requires clients to be physically present.

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BUSINESS

Leading the digital assets revolution

Business, Darana Chudasri, Published on 01/05/2021

» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.

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BUSINESS

April sees surge in retail cryptocurrency traders

Business, Darana Chudasri, Published on 22/04/2021

» The number of retail cryptocurrency traders in Thailand continues to skyrocket with 24,000 new accounts created in one week in April following the Securities and Exchange Commission's (SEC) approval for Bitkub to resume accepting new accounts.

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BUSINESS

SEC urges caution as Binance takes off

Darana Chudasri, Published on 06/04/2021

» The Securities and Exchange Commission (SEC) is warning investors that Binance, an international cryptocurrency exchange based in Malta that accepts Thai baht deposits, is illegal in Thailand and calls on the company to open dialogue with the regulator.

BUSINESS

REITs tipped to offer 10-15% returns this year

Business, Darana Chudasri, Published on 05/04/2021

» Real estate investment trusts (REITs) and infrastructure funds are likely to offer attractive returns of around 10-15% this year, bolstered by the reopening of international travel and the prospects of higher hotel occupancy rates, says Win Phromphaet, chief investment officer at Principal Asset Management.