Showing 1 - 10 of 103
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.
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.
Binance keen to develop Thailand as crypto hub
Business, Nareerat Wiriyapong, Published on 30/09/2025
» Thailand has ample potential to become a cryptocurrency hub in Asia-Pacific, says Binance, as the world's largest crypto exchange operator identified three pillars to capitalise on growth in the fast-growing region.
Analysts upgrade earnings outlook for Thai Union Group
Business, Nareerat Wiriyapong, Published on 07/08/2025
» Analysts are upgrading earnings forecasts for Thai Union Group (TU), a leading global seafood producer, reflecting second-quarter financial results that were better than expected, a clearer idea of the impacts from US tariffs, and the likelihood of a deeper partnership with Mitsubishi Corp through a 6.65-billion-baht share acquisition.
Call for deeper integration in Asean as tariffs menace
Business, Nareerat Wiriyapong, Published on 10/07/2025
» Southeast Asian nations have taken steps to deepen economic integration within Asean and broaden collaboration with other regional groupings amid ongoing global uncertainty and disruptions from US tariffs, says Gan Kim Yong, Singapore's deputy prime minister and minister for trade and industry.
SCB economists cut Thai growth outlook
Business, Nareerat Wiriyapong, Published on 10/04/2025
» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.
Winning combination
Business, Nareerat Wiriyapong, Published on 10/03/2025
» The way multinational companies look at developing a presence in particular markets can differ. At AXA, the second-largest European insurer in terms of revenue, it opts to partner with local banks in Southeast Asia to ensure success in a region it deems full of untapped potential.
Unpacking the new co-pay rule
Business, Nareerat Wiriyapong, Published on 08/03/2025
» The new co-payment rule is set to transform the health insurance industry, which has been affected by rising medical costs, challenging economic conditions and unnecessary claims in recent years.
BoT rate cut likely as growth is insufficient
Business, Nareerat Wiriyapong, Published on 19/02/2025
» A disappointing GDP rate in the fourth quarter of 2024 raises the probability that the Bank of Thailand will cut the policy rate in the first half this year, say economists, while being a potential target of US reciprocal tariffs puts the country's growth this year at risk.
Association anticipates gold price hitting $3,000 in Q1
Business, Nareerat Wiriyapong, Published on 27/12/2024
» Gold prices could hit US$3,000 an ounce by the first quarter of next year as Donald Trump's return to the White House on Jan 20 will put the global economy on the verge of turmoil, stimulating demand for safe haven assets, notably bullion, says the Gold Traders Association (GTA).