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Search Result for “natural disasters”

Showing 1 - 10 of 56

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.

BUSINESS

Cyber-incidents deemed top Thai business risk

Business, Nareerat Wiriyapong, Published on 15/01/2026

» Cyber-incidents, including cybercrime, data breaches, ransomware and service interruptions, are the top business risk in Thailand for 2026, followed by natural catastrophes and risks related to climate change, according to the latest Allianz Risk Barometer.

BUSINESS

Insurers face a raft of economic challenges

Business, Nareerat Wiriyapong, Published on 02/01/2026

» Unfavourable economic conditions, political instability, soaring medical costs and natural disaster risks are the top challenges facing insurance companies in Thailand, while the country's ageing society could support continued health insurance expansion.

BUSINESS

Association plans to set up Natural Catastrophe Fund

Nareerat Wiriyapong, Published on 23/12/2025

» The Thai General Insurance Association (TGIA) plans to establish a permanent Natural Catastrophe Fund in the first half of 2026 amid increasingly frequent and severe natural disasters in the country, with an initial sum of 50 billion baht.

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

High hopes for Thailand's new crypto sandbox

Business, Nareerat Wiriyapong, Published on 28/07/2025

» In the increasingly competitive tourism landscape amid a global economic slowdown, pundits believe recently endorsed crypto-friendly measures will lift Thailand's attractiveness in the eyes of tech-savvy, high-spending tourists.

BUSINESS

Thailand may buy more US goods in talks

Business, Nareerat Wiriyapong, Published on 09/04/2025

» Thailand could potentially import an additional US$32.9 billion worth of American goods to ease the adverse impacts of US President Donald Trump's tariffs by buying more aircraft, energy and grains from the US, says Kuala Lumpur-based Maybank.

BUSINESS

Allianz says risk profile not dented by quake

Nareerat Wiriyapong, Published on 02/04/2025

» Thailand’s risk profile for natural disasters has not changed following the March 28 earthquake, but the tremor raised awareness among consumers and companies about adequate protection to keep insurance premiums affordable, says the Thai unit of German insurer Allianz.

BUSINESS

ITD, property lead drop in Thai stock market

Business, Nareerat Wiriyapong, Published on 01/04/2025

» Shares of Italian-Thai Development (ITD) and property development companies led the decline of the Stock Exchange of Thailand (SET) index on Monday following Friday's major earthquake, with an analyst suggesting short-term psychological impact would last for a couple of days.

BUSINESS

Allianz unit eyes 20% growth in corporate business

Business, Nareerat Wiriyapong, Published on 16/03/2024

» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.