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BUSINESS

OIC to step up measures against fraud

Business, Darana Chudasri, Published on 06/07/2021

» The Office of Insurance Commission (OIC) is coordinating with health insurance-related agencies to curb a rapid increase in incidents of insurance fraud.

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BUSINESS

SPV77 ready to raise B2.4bn in ICO

Business, Darana Chudasri, Published on 22/05/2021

» SPV77 Co Ltd plans to raise 2.4 billion baht through the launch of 240 million real estate-backed digital tokens, priced 10 baht each, in Thailand's first initial coin offering (ICO) filed for approval with the Securities and Exchange Commission (SEC).

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BUSINESS

BROOK cryptocurrency filing a first

Business, Darana Chudasri, Published on 13/05/2021

» The Brooker Group's (BROOK) unprecedented filing to the Securities and Exchange Commission regarding its investment in cryptocurrencies marked the first time a Thai-listed company publicly announced its cryptocurrency holdings amid growing concerns over investment risks associated with these emerging assets.

BUSINESS

TQM turns to M&A strategy

Business, Darana Chudasri, Published on 24/02/2021

» TQM Corporation, the only SET-listed insurance broker, announced it will count on joint ventures and acquisitions this year as key drivers of its goal to achieve 50 billion baht in insurance premiums by 2026.

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BUSINESS

Prasarn chosen to chair SET governor's board

Business, Darana Chudasri, Published on 06/02/2021

» The Stock Exchange of Thailand's (SET) board of governors appointed Prasarn Trairatvorakul, a former governor of the Bank of Thailand, as the new chairman of the SET board on Friday, succeeding Chaiyawat Wibulswasdi.

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BUSINESS

Regulator nails down capital adequacy method

Business, Darana Chudasri, Published on 05/02/2021

» The Office of Insurance Commission (OIC) has approved the revision of its capital adequacy ratio (CAR) calculation method, broadening opportunities for local insurance companies to invest in foreign assets and diversify risks during the pandemic and amid low interest rates.

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BUSINESS

Investment eyed in lower-grade bonds

Business, Darana Chudasri, Published on 28/01/2021

» The Office of the Insurance Commission (OIC) is poised to allow insurance companies to invest in non-investment grade bonds to seek higher investment returns amid a struggling economy, says a market source who requested anonymity.

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BUSINESS

Price breakthrough highlights bitcoin's lure

Business, Darana Chudasri, Published on 18/12/2020

» The price of bitcoin hit US$20,000 for the first time, a milestone for the world's most popular cryptocurrency, fuelled by institutional demand and the participation of Paypal, the giant global payment service provider.

BUSINESS

Thai-listed companies lead the way in ACGS awards

Business, Darana Chudasri, Published on 15/12/2020

» Thai-listed companies achieved the highest average score in the 2019 Asean CG Scorecard (ACGS) for the sixth consecutive year, making up the majority of the Asean Asset Class Award recipients, said Ruenvadee Suwanmongkol, secretary-general at the Securities and Exchange Commission (SEC).

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BUSINESS

TQM continues with aggressive growth strategy

Business, Darana Chudasri, Published on 12/12/2020

» TQM Corporation takes pride in always being prepared, which has paid off during the pandemic.