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Search Result for “damages”

Showing 1 - 10 of 39

BUSINESS

Regulator eases investment rules for insurance firms

Nuntawun Polkuamdee, Published on 18/12/2025

» The Office of the Insurance Commission (OIC) has eased investment restrictions on insurance companies, lowering equity risk charges to allow insurers to invest more in the Thai stock market.

BUSINESS

Thai Life agent has licence cancelled

Business, Nuntawun Polkuamdee, Published on 12/12/2025

» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.

BUSINESS

Court to declare former Stark executive bankrupt

Nuntawun Polkuamdee, Published on 30/10/2025

» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.

BUSINESS

Insurers to aid border victims

Business, Nuntawun Polkuamdee, Published on 09/08/2025

» The Thai General Insurance Association (TGIA) is working with non-life insurance companies to determine appropriate measures to assist policyholders affected by the ongoing unrest along the Thailand-Cambodia border.

BUSINESS

SEC gears up to investigate securities-related crimes

Business, Nuntawun Polkuamdee, Published on 09/05/2025

» The Securities and Exchange Commission (SEC) is preparing to pursue investigations of securities-related crimes after the regulator was empowered to independently conduct investigations, a function previously reserved for the police.

BUSINESS

Zipmex victims look forward to hearing

Business, Nuntawun Polkuamdee, Published on 01/05/2025

» The victims of the Zipmex investment scandal are hopeful they will be able to recover their funds after the Department of Special Investigation (DSI) officially accepted the case on April 28, citing evidence of public fraud involving more than 1 billion baht in damages.

BUSINESS

Earthquake insurance prices set to rise after Bangkok damage

Business, Nuntawun Polkuamdee, Published on 01/04/2025

» The insurance industry is preparing to mitigate the impact of natural disaster risks after most parts of Thailand, including Bangkok, were hit by a strong earthquake on Friday, pointing out that free earthquake coverage would no longer be available.

BUSINESS

Economy unshaken, says govt

Nuntawun Polkuamdee, Published on 30/03/2025

» Finance Minister Pichai Chunhavajira believes the recent earthquake has had no effect on the economy and pledged further assistance for victims, as reports emerged that up to 5,500 buildings across the capital may have been damaged. Total losses may reach 100 billion baht.

BUSINESS

Thai SEC plans rules to buoy confidence

News, Nuntawun Polkuamdee, Published on 16/01/2025

» The Securities and Exchange Commission (SEC) is preparing to issue stock pledging regulations and review the uptick rule to control short selling within the first quarter of this year.

BUSINESS

Thai market regulators consider margin loan disclosures

Nuntawun Polkuamdee, Published on 09/01/2025

» The Stock Exchange of Thailand (SET) is discussing with the Securities and Exchange Commission (SEC) possible measures to enhance market confidence if listed company executives use shares as collateral for margin loans.