Showing 1 - 10 of 27
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.
SEC seeks to regulate decentralised finance
Business, Darana Chudasri, Published on 01/06/2021
» Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.
ESG bond issuance likely to reach B100bn this year
Business, Darana Chudasri, Published on 27/05/2021
» As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).
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.
Dispute bypass cut holder complaints by some 30%
Business, Darana Chudasri, Published on 14/10/2020
» The number of insurance complaints declined by about 30% in the first nine months of this year, after the Office of the Insurance Commission (OIC) allowed voluntary insurance policyholders with coverage of less than 2 million baht to receive claims without a dispute.
PLA makes mark in digital insurance sales
Business, Darana Chudasri, Published on 19/09/2020
» While maintaining a relatively small presence in the Thai insurance market, PhillipLife Assurance (PLA) has become a major player in terms of digital sales, which have spiked since the pandemic and represent the future of the sector.
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.
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.
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.
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.