Showing 1 - 8 of 8
Tourism recovery boosts MINT revenue
Business, Poonyapat Luenam, Published on 26/07/2022
» Minor International (MINT) expects revenue from its core accommodation, food and lifestyle businesses to drive profitability in the second half of the year as the recovering tourism industry boosts demand for hospitality services.
Crypto bankruptcy adds to Thai woes
Business, Poonyapat Luenam, Published on 16/07/2022
» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.
Voyager Digital goes bust after loan default
Business, Poonyapat Luenam, Published on 08/07/2022
» Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.
Heaps of bogus Covid claims come to light
Business, Poonyapat Luenam, Published on 06/07/2022
» Thai General Insurance Association (TGIA) has found that thousands of policyholders submitted fraudulent documents to misappropriate over 500 million baht's worth of compensation from Covid insurance policies offering a lump-sum payment.
Voyager Digital halts all trading after 3AC default
Business, Poonyapat Luenam, Published on 05/07/2022
» Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.
3AC defaults on loan worth $670m
Business, Poonyapat Luenam, Published on 29/06/2022
» Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.
Venture aims to serve young generation
Business, Poonyapat Luenam, Published on 14/06/2022
» Bangkok Life Assurance has partnered with Jaymart Insurance Broker to introduce accessible life insurance products to meet the needs of younger Thais, offering low starting premiums, tax benefits and coverage of up to 3 million baht.
iFWD continues to hold market lead
Business, Poonyapat Luenam, Published on 28/05/2022
» IFWD, FWD Life Insurance's digital insurance platform, continues to hold the highest market share in Thailand for the third consecutive year, offering a one-stop service that provides customers protection within five minutes.