Showing 1 - 10 of 43
Gold prices surge 4% over Covid, baht fears
Business, Darana Chudasri, Published on 15/07/2021
» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.
Covid claims snowball in last 45 days
Business, Darana Chudasri, Published on 07/07/2021
» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.
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).
TBMA eyes B1tn in corporate bond issuance for this year
Business, Darana Chudasri, Published on 23/06/2021
» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.
REIT prices edging near pre-Covid levels
Business, Darana Chudasri, Published on 16/06/2021
» Prices of global real estate investment trusts (REITs) edged near pre-pandemic levels following the economic recovery and progress in global vaccine distribution, while Thai REITs remain the laggard despite excellent returns compared to global counterparts and government bonds, says Veena Lertnimitr, executive vice-president of Siam Commercial Bank.
Corporate bond issuance to surpass B750bn target
Business, Darana Chudasri, Published on 19/05/2021
» Corporate bond issuance is expected to exceed the market's target of 750 billion baht this year because of excess liquidity in global money markets and readiness of financial intermediaries to comply with social distancing measures and remote work, says Ariya Tiranaprakit, deputy managing director of the Thai Bond Market Association (TBMA).
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.
Bitcoin surges to another all-time high at B1.74m
Business, Darana Chudasri, Published on 23/02/2021
» Bitcoin rose to another all-time high on Monday at 1.74 million baht, or US$58,330.57 apiece, as physical spot gold hit a seven-month low with traders suggesting the current price dip is a good time to buy gold.
MTL's first-year premiums poised to expand 8-10%
Business, Darana Chudasri, Published on 26/01/2021
» Muang Thai Life Assurance (MTL) expects its first-year premiums for life insurance to grow 8-10% this year, spurred by health protection and investment that contribute about 70% of the total product mix, after two years of contraction.
TGIA mulls launch of BI insurance policies
Business, Darana Chudasri, Published on 13/01/2021
» The Thai General Insurance Association (TGIA) is studying the feasibility of launching insurance for business interruptions (BI) caused by Covid-19 or other emerging diseases to allow businesses to be more resilient to future outbreak-related shutdowns.