Showing 1 - 10 of 22
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.
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).
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.
CIMBT hunts for edge after US poll
Business, Darana Chudasri, Published on 04/11/2020
» Thailand should maintain strong relationships with both the US and China, no matter who becomes the next US president, says CIMB Thai Bank (CIMBT).
Sompo clinches CIMB deal
Business, Darana Chudasri, Published on 31/10/2020
» Sompo Insurance Thailand, a non-life subsidiary of Japanese insurer Sompo Holdings, has clinched a 15-year exclusive bancassurance deal with CIMB Thai Group, aiming to raise its gross written premiums (GWP) by 1 billion baht next year.
TLAA wants OIC to widen insurers' investment options
Business, Darana Chudasri, Published on 12/10/2020
» The Thai Life Assurance Association (TLAA) has requested the Office of the Insurance Commission (OIC) study the feasibility of allowing insurers to invest in a wider range of funds and bonds to take advantage of the low-interest-rate environment.
CIMBT has hopes for recovery in quarters ahead
Business, Darana Chudasri, Published on 06/08/2020
» CIMB Thai Bank (CIMBT) says the country's GDP shows signs of recovery the next few quarters after bottoming out in the second quarter at -14%.
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.
SCB Securities: Lower P/B ratio for market ahead
Business, Darana Chudasri, Published on 14/07/2020
» Thailand's stock market has entered a new era in terms of share valuation, with a lower price-to-book (P/B) ratio predicted, says SCB Securities (SCBS).
SEC readies DLT development plan for CMDF board
Business, Darana Chudasri, Published on 12/11/2019
» The Securities and Exchange Commission (SEC) plans to present its development plan on distributed ledger technology (DLT) next week, then convey information to the Capital Market Development Fund (CMDF) board next month to seek project financing.