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Search Result for “30 billion”

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BUSINESS

Covid policy adjustment to help isolating patients

Business, Darana Chudasri, Published on 03/08/2021

» New Covid-19 insurance products are being developed by Thai insurers to cover patients taking part in the Public Health Ministry's home and community isolation scheme, according to a government regulator.

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BUSINESS

Insurers brace for rise in Covid claims

Business, Darana Chudasri, Published on 26/07/2021

» Covid-19 insurers are preparing for an increase in claims as the number of new cases per day keeps setting records.

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BUSINESS

SMK lashed over Covid termination

Business, Darana Chudasri, Published on 17/07/2021

» Thailand's regulator warned Syn Mun Kong Insurance (SMK) on Friday that it cannot arbitrarily terminate Covid-19 insurance contracts with lump-sum payments, threatening legal action or fines if the insurer moves forward with its plan.

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BUSINESS

SET recovers as Covid measures are unveiled

Business, Darana Chudasri, Published on 10/07/2021

» Despite pressure from the government's fresh batch of Covid control measures and a new record high for daily infections, the SET Index still gained yesterday, closing at 1,552.09 points, up 8.42 points or 0.55%.

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BUSINESS

Covid claims snowball in last 45 days

Business, Darana Chudasri, Published on 07/07/2021

» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.

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BUSINESS

REIT prices edging near pre-Covid levels

Business, Darana Chudasri, Published on 16/06/2021

» Prices of global real estate investment trusts (REITs) edged near pre-pandemic levels following the economic recovery and progress in global vaccine distribution, while Thai REITs remain the laggard despite excellent returns compared to global counterparts and government bonds, says Veena Lertnimitr, executive vice-president of Siam Commercial Bank.

BUSINESS

Blockchain regulation a tough task despite great potential

Business, Darana Chudasri, Published on 31/05/2021

» Utility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised.

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BUSINESS

Covid-related claims could hit B3bn as cases continue to rise

Business, Darana Chudasri, Published on 26/05/2021

» Total claims from Covid-19 insurance could soar to 3 billion baht this year as daily infections continue to rise, says Thai General Insurance Association (TGIA) president Anon Vangvasu.

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BUSINESS

TQM posts dip in Covid insurance

Business, Darana Chudasri, Published on 12/05/2021

» TQM Corp's average daily sales for Covid-19 insurance dropped to about 10,000-20,000 policies in May, a level expected to continue until June as health concerns intensify amid the outbreak, says Napassanun Punnipa, TQM's chief executive.

BUSINESS

LEO upgrades revenue growth outlook for 2021

Business, Darana Chudasri, Published on 12/05/2021

» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.