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Search Result for “construction contract”

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BUSINESS

SMK lashed over Covid termination

Business, Darana Chudasri, Published on 17/07/2021

» Thailand's regulator warned Syn Mun Kong Insurance (SMK) on Friday that it cannot arbitrarily terminate Covid-19 insurance contracts with lump-sum payments, threatening legal action or fines if the insurer moves forward with its plan.

BUSINESS

Analysis consensus facing downgrade

Business, Darana Chudasri, Published on 14/07/2021

» Securities analysts have stated that analysis consensus for listed companies may be downgraded this year if the second-quarter operating results drop.

BUSINESS

ASPS predicts volatile Q3 for SET as mood wanes

Business, Darana Chudasri, Published on 02/07/2021

» The Thai stock market will continue to be challenged by the pandemic in the third quarter as economic growth remains dampened by the outbreak, while improving economies outside Thailand may depreciate the baht and cause foreign outflows, says Asia Plus Securities (ASPS).

BUSINESS

Covid lump sum payouts set to be axed amid rising cases

Business, Darana Chudasri, Published on 29/06/2021

» Insurance companies will likely stop making lump sum Covid-19 insurance payments as the number of local Covid-19 cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA).

BUSINESS

Life premiums gain 3.25% to B196bn in first 4 months

Business, Darana Chudasri, Published on 04/06/2021

» Total life insurance premiums grew 3.25% year-on-year to 196 billion baht in the first four months this year, thanks to 41.7% growth in single premiums requiring buyers to make a one-time payment.

BUSINESS

Rising metal prices to affect key industries

Business, Darana Chudasri, Published on 28/04/2021

» Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say.

BUSINESS

MQDC, MTL offer package for seniors

Business, Darana Chudasri, Published on 09/03/2021

» Property developer Magnolia Quality Development Corporation (MQDC) in alliance with Muang Thai Life (MTL) Assurance is offering an end of life package to senior citizens that includes lifetime care, health insurance and a non-transferable lease on a condo or house for 35 million baht.

BUSINESS

TQR opens with a flurry, gaining 200%

Business, Darana Chudasri, Published on 18/02/2021

» TQR Plc, a reinsurance arm of TQM Corporation, made a strong debut on the Market for Alternative Investment (MAI) on Wednesday, with its share price bucking an otherwise weaker market to close up 200% at 15.30 baht.

BUSINESS

Thailand ranks No.2 among Asian IPOs

Business, Darana Chudasri, Published on 29/12/2020

» Thailand grabbed the No.2 spot for initial public offerings (IPOs) in Asia in 2020, raising US$4.96 billion in total, behind only China if excluding cross-listed shares from other bourses such as infrastructure funds (IFFs) and real estate investment trusts (REITs).

BUSINESS

MTL keeps CLMV push up as Thais age

Business, Darana Chudasri, Published on 10/12/2020

» Muang Thai Life Assurance (MTL) is continuing its aggressive move into the Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) region to acquire a larger market with a more balanced demographic profile, as Thailand becomes a full-fledged ageing society in 2021, said Sara Lamsam, MTL's president.