Showing 1 - 10 of 29
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.
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).
Viriyah sets aside B500m to back IT
Business, Darana Chudasri, Published on 11/03/2021
» Viriyah Insurance, the country's largest auto insurer, has earmarked a budget of 500 million baht starting from this year for advanced IT networking development to speed up the insurance claims process.
Confidence from January remains bullish
Business, Darana Chudasri, Published on 03/02/2021
» The Investor Confidence Index (ICI) survey for January, which measures February to April 2021, remains in the bullish zone for the second consecutive month, spurred by the prospect of Covid-19 vaccines, foreign inflows and higher earnings among listed companies.
BLS projects positive outlook for Thai equities
Business, Darana Chudasri, Published on 02/01/2021
» Bualuang Securities (BLS) forecasts a bullish trend for the country's equity market this year, predicting the Stock Exchange of Thailand (SET) Index to reach 1,550 points in line with the global V-shaped recovery.
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.
Life, non-life segments see profits rise
Business, Darana Chudasri, Published on 29/09/2020
» Life insurance shrank 5.69% in the first half while non-life witnessed 1.9% growth, with both segments seeing an increase in gross profits thanks to a sharp reduction in claims during the lockdown period.
Survival depends on literacy
Business, Darana Chudasri, Published on 22/05/2020
» Enhancing digital literacy and pursuing a customer-centric experience are necessary as businesses adapt to new behaviour during the pandemic, particularly with travel restrictions and changes in supply chains.
Time to shine for Hua Seng Heng's third-gen CEO
Business, Darana Chudasri, Published on 28/03/2020
» Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.