Showing 1-10 of 29 results
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Sara seizes opportunity in disruption
Business, Published on 21/09/2019
» Muang Thai Life Assurance has succeeded across multiple platforms: the company's total premiums surged to 94.5 billion baht in 2018 from 4 billion baht when Sara Lamsam took the helm in 2004. And while MTL is one of the country's most recognised life insurance brands, Mr Sara admits that the firm faces bigger challenges now than it did when he became boss.
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MTL upbeat despite drop in premiums
Business, Published on 23/08/2019
» Muang Thai Life Assurance (MTL), the country's second largest life insurer by total premiums, continued to see its premiums shrink by 13% from a year earlier for the five months through May, largely thanks to its premium portfolio restructuring in preparation for adoption of International Financial Reporting Standard 17 (IFRS17), starting from 2022.
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Second-half strategies
Business, Published on 15/07/2019
» Thailand scrambled through a double whammy of internal and external factors during the first half of 2019.
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Investment advice for 2018
Business, Published on 11/12/2017
» The Thai stock market is set to surpass its January 1994 intra-day all-time high of 1,789 points in 2018 after it surged 10.6% this year to date. The broader economic rebound, the continued growth in exports and tourists, and the general elections -- scheduled for late next year -- are expected to draw foreign investors and buoy local equity.
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Pace to sell B14.5bn in assets
Business, Published on 09/11/2017
» In the latest effort to tackle its massive debt, embattled Pace Development Corporation Plc plans to raise funds through recapitalisation and the sale of two residential projects whose acquisition value could be 14.5 billion baht.
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Global shares follow wall street upward
Business, Published on 20/02/2017
» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.
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Terror sets tone globally, 4G drama keeps set busy
Business, Published on 28/03/2016
» Recap: Terror attacks in Brussels triggered panic selling last week in major markets, many of which were closed on Friday ahead of Easter. In Thailand, the failure of Jasmine International to pay for its 4G licence prompted a buying spree in telecom stocks as investors see competition easing. However, profit-taking after the rally capped the gains.
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Global economic anxiety takes toll on equities
Business, Published on 15/02/2016
» Recap: The global stock market rout deepened last week as investors shunned risky assets after US Federal Reserve chair Janet Yellen warned about global economic weakness and falling financial markets. Concerns over European banks' weaker profitability and potential debt defaults also depressed the markets.
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Rich transfer assets to beat tax
Business, Published on 01/02/2016
» Shares worth nearly 80 billion baht have been transferred by affluent Thais to their heirs before the introduction of inheritance and gift taxes today.
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Late rally dispels gloom from weak Chinese GDP
Business, Published on 26/10/2015
» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.
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