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Search Result for “wealthy foreigners”

Showing 1 - 10 of 28

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

Binance unit sees Bitcoin hitting $120,000

Business, Nareerat Wiriyapong, Published on 28/11/2025

» Bitcoin is forecast to peak in the first quarter of 2026, with the price possibly reaching US$120,000, backed by continued regulatory enhancement, growing acceptance from institutional and mainstream players, and the rise of stablecoins, says the Thai unit of Binance -- the world's largest cryptocurrency exchange.

BUSINESS

The ins and outs of legal casinos

Business, Nareerat Wiriyapong, Published on 14/06/2025

» Political leaders and the public continue to debate the merits and pitfalls of the government's proposed legislation to legalise casino operation in entertainment complexes.

BUSINESS

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.

BUSINESS

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

PROPERTY

Hylife Group aims to go public by 2030

Business, Nareerat Wiriyapong, Published on 18/09/2024

» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.

BUSINESS

Why is the SET in a protracted slump?

Business, Nareerat Wiriyapong, Published on 11/07/2024

» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.

BUSINESS

SET index expected to plunge amid court cases

Business, Nareerat Wiriyapong, Published on 05/07/2024

» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).

BUSINESS

Global interest rates likely to fall

Business, Nareerat Wiriyapong, Published on 30/11/2023

» Central banks all over the world are expected to start cutting interest rates by mid-2024, encouraging foreign capital to flow back to stock markets in Asia including Thailand, which should gain from intensified geopolitical conflicts, say leading economists.

BUSINESS

SET sees foreign investors as waiting

Business, Nareerat Wiriyapong, Published on 07/10/2023

» Foreign investors are expected to return to the Thai stock market when they see progress in the government's economic policies, baht stability, and an improving economy, says the Stock Exchange of Thailand (SET).