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BUSINESS

Call to let foreigners buy more insurance

Business, Nareerat Wiriyapong, Published on 12/02/2026

» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.

BUSINESS

Chow Tai Fook keen to expand abroad

Business, Nareerat Wiriyapong, Published on 24/10/2025

» The rebounding tourism sector not only gives a boost to local hotels and tourism-related businesses, but also to Chinese jewellery brand Chow Tai Fook as the Hong Kong-listed firm aims to capitalise on the growth of affluent Chinese travellers and a growing middle class in Southeast Asia.

BUSINESS

CP Group share prices dip after investment in real estate JV

Business, Nareerat Wiriyapong, Published on 17/12/2024

» The share prices of companies under Charoen Pokphand (CP) Group, including CP Axtra Plc (CPAXT), fell across the board in morning trade on Monday after the retail and wholesale business operator officially announced investment of nearly 8 billion baht in real estate joint venture Happitat at the Forestias (HATF).

BUSINESS

Bitcoin even more buoyant

Nareerat Wiriyapong, Published on 09/12/2024

» Bitcoin topped US$100,000 for the first time on Dec 5, jumping drastically from roughly $69,000 the day before the US presidential election about a month earlier.

BUSINESS

Big outlay for virtual banks

Business, Nareerat Wiriyapong, Published on 17/10/2024

» The three consortiums awarded virtual bank licences are projected to spend up to 5.7 billion baht in just one year from mid-2025 to develop digital platforms and offer products similar to their mobile banking counterparts, says Maybank Securities (Thailand).

BUSINESS

Thailand seeks crypto hub status

Business, Nareerat Wiriyapong, Published on 11/10/2024

» Thailand has the potential to become a digital asset hub if strategic policies are implemented to support development, while clearer regulations and greater institutional investment are driving the cryptocurrency market to new highs this year, says the Thai Digital Asset Association.

BUSINESS

Maguro poised for aggressive expansion

Business, Nareerat Wiriyapong, Published on 03/08/2024

» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.

BUSINESS

Analyst sees headwinds persisting until mid-2025

Business, Nareerat Wiriyapong, Published on 30/07/2024

» A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.

BUSINESS

Analyst sees scant impact from digital wallet

Business, Nareerat Wiriyapong, Published on 13/07/2024

» The government's flagship digital wallet policy can improve the economy by only 0.4 percentage points, mostly in 2025, after the project's budget was reduced by 50 billion baht to 450 billion, as uncertainties remain regarding the funding, according to an analyst.

BUSINESS

FWD ranks second in the life sector

Business, Nareerat Wiriyapong, Published on 04/04/2024

» FWD Life Insurance has secured the No.2 spot in the life insurance industry, with new premiums surging 28% from 2022 to nearly 20.7 billion baht last year thanks to significant growth of the agency channel.