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Search Result for “millions”

Showing 1 - 10 of 11

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

AI to radically reshape Thai economy

Business, Nuntawun Polkuamdee, Published on 01/09/2025

» Artificial intelligence (AI) is set to transform the economy on a scale greater than mobile technology and past digital waves, becoming one of the most powerful investment themes of the coming decade, says Kasikorn Business-Technology Group (KBTG).

BUSINESS

Unwinding the Dr Boon scandal

Business, Nuntawun Polkuamdee, Published on 14/12/2024

» Investor confidence was still recovering from recent stock market manipulations when a high-profile investment scam involving Dr Boon Vanasin, an 86-year-old hospital veteran, sent shockwaves throughout Thailand's business arena, causing damages of nearly 8 billion baht.

BUSINESS

Bond defaults total B25bn, but conditions ease this year

Business, Nuntawun Polkuamdee, Published on 13/09/2024

» Corporate bonds worth more than 25 billion baht have postponed payments this year, according to the Thai Bond Market Association (TBMA), noting that fewer defaults are expected for the remainder of 2024 as economic conditions improve, with interest rates on a downward trend.

BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

BUSINESS

MA5 Bot seeks pole position in SE Asia

Business, Nuntawun Polkuamdee, Published on 14/09/2022

» MA5 Bot, an automated cryptocurrency trading platform, targets becoming Southeast Asia's No.1 player in the segment, with projected trading value of more than 9 billion baht and 6,000 additional users this year.

BUSINESS

Building a digital one-stop shop

Business, Nuntawun Polkuamdee, Published on 29/01/2022

» After becoming the first licensed Thai digital asset broker in 2019, Bitazza plans to take its business to the next level though expansion into other digital businesses this year, aiming to become a one-stop platform with a wide range of financial services.

BUSINESS

ASP looks to digital assets in hunt for higher growth rates

Business, Nuntawun Polkuamdee, Published on 28/08/2021

» Asia Plus Group Holdings (ASP) is considering direct and indirect investment in digital assets because they have higher growth trends than traditional assets.

BUSINESS

All-time high bitcoin breaks 822,000 baht

Business, Nuntawun Polkuamdee, Published on 29/12/2020

» Bitcoin hit a new all-time high, breaking 822,000 baht last weekend, buoyed by demand from institutional investors keen on its potential for quick profit.

BUSINESS

Phillip Asset introduces digital tech fund

Business, Nuntawun Polkuamdee, Published on 25/09/2018

» Phillip Asset Management has launched the Phillip World Innovation Fund (PWIN), the first offshore mega-trend fund in Thailand focusing on five themes related to digital technology.