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BUSINESS

ESG bond issuance likely to reach B100bn this year

Business, Darana Chudasri, Published on 27/05/2021

» As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).

BUSINESS

Aurora raises registered capital to list on bourse

Business, Darana Chudasri, Published on 05/03/2021

» Aurora, the country's largest gold and jewellery retailer, plans to raise its registered capital by an additional 200 million baht to meet the regulator's requirement for a minimum of 300 million baht to list on the Stock Exchange of Thailand.

BUSINESS

Frank gets rebranded as Bolttech

Business, Darana Chudasri, Published on 27/01/2021

» Frank Insurance, a digital insurance broker, rebranded as Bolttech Insurance Broker (Thailand) last week in an effort by its Hong Kong-based parent company to consolidate digital insurance units under one brand.

BUSINESS

Insurance poised to encounter slow growth

Business, Darana Chudasri, Published on 04/01/2021

» The insurance business is forecast to grow in a range of -0.36% to 1.64% in 2021 as rising household debt deflated people's purchasing power.

BUSINESS

TQM continues with aggressive growth strategy

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

» TQM Corporation takes pride in always being prepared, which has paid off during the pandemic.

BUSINESS

Saksiam gears up IPO-fuelled expansion

Business, Darana Chudasri, Published on 29/10/2020

» Saksiam Leasing, a medium-sized lender of retail and car title loans, is preparing to raise funds from an IPO this year to expand the business, aiming to double asset and branch numbers every three years.

BUSINESS

FWD General Insurance taps digital trend

Business, Darana Chudasri, Published on 17/10/2020

» FWD General Insurance has launched its non-life insurance business in Thailand to capitalise on a segment forecast to reach 285.5 billion baht in value by 2023.

BUSINESS

BAY banking on BlackRock to enhance wealth management

Business, Darana Chudasri, Published on 16/10/2020

» Bank of Ayudhya is partnering with BlackRock, the world's largest asset manager, to enhance BAY's advisory and wealth management capabilities.

BUSINESS

Sansiri makes foray into insurance with Hugs brokerage

Business, Darana Chudasri, Published on 23/09/2020

» SET-listed developer Sansiri Plc has invested 25 million baht in a new venture, Hugs Insurance Broker Co, via wholly owned subsidiary Sansiri China Co to diversify into new business segments.

BUSINESS

PLA makes mark in digital insurance sales

Business, Darana Chudasri, Published on 19/09/2020

» While maintaining a relatively small presence in the Thai insurance market, PhillipLife Assurance (PLA) has become a major player in terms of digital sales, which have spiked since the pandemic and represent the future of the sector.