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BUSINESS

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.

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

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.

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

SET recovers as Covid measures are unveiled

Business, Darana Chudasri, Published on 10/07/2021

» Despite pressure from the government's fresh batch of Covid control measures and a new record high for daily infections, the SET Index still gained yesterday, closing at 1,552.09 points, up 8.42 points or 0.55%.

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 assurance maintains modest growth target this year

Business, Darana Chudasri, Published on 19/06/2021

» The Thai Life Assurance Association (TLAA) is maintaining its growth target between -1% to 1% this year and may take a more conservative approach for the remainder of 2021 as uncertainties from the third wave of the outbreak persist, says president Sara Lamsam.

BUSINESS

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.

BUSINESS

Tisco urges large-cap focus

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

» Investors should accumulate large-cap Thai equities, which will prove beneficial as the country reopens to international tourism, while diversifying their portfolios with foreign stock for the long term, says Tisco Asset Management.