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Showing 1 - 10 of 176

BUSINESS

Digital transformation study reveals surprising trends

Business, Darana Chudasri, Published on 10/08/2021

» Financial services, life sciences and healthcare businesses have reportedly transitioned towards digitalisation much sooner than expected as the pandemic drove more economic activities online, according to the Thailand Digital Transformation Survey 2021.

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BUSINESS

Foreign stocks considered for derivative warrants

Business, Darana Chudasri, Published on 16/07/2021

» Local investors may be granted new access to foreign shares this year through derivative warrants (DW) as the Stock Exchange of Thailand (SET) is asking for approval from the regulator to use international stocks as an underlying asset for the product, says SET senior executive vice-president Rinjai Chakornpipat.

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BUSINESS

MTL alert to demographic time bomb

Business, Darana Chudasri, Published on 05/07/2021

» Muang Thai Life Assurance (MTL) has rejigged its organisational structure to prepare for Thailand's transition towards an increasingly ageing society, viewed by the company as an economic time bomb.

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BUSINESS

Life premiums gain 3.25% to B196bn in first 4 months

Business, Darana Chudasri, Published on 04/06/2021

» Total life insurance premiums grew 3.25% year-on-year to 196 billion baht in the first four months this year, thanks to 41.7% growth in single premiums requiring buyers to make a one-time payment.

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BUSINESS

Covid claims projected to pass B500m

Business, Darana Chudasri, Published on 04/05/2021

» Total Covid-19 insurance claims since policies launched in March 2020 are expected to reach 500 million baht as of the end of April, spurred by a surge last month, says Anon Vangvasu, president of Thai General Insurance Association.

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BUSINESS

Allianz Ayudhya keeps focus on health

Business, Darana Chudasri, Published on 28/04/2021

» Allianz Ayudhya Assurance is maintaining its focus on health insurance for the seventh consecutive year as profits from insurance products remain steady because of low interest rates and growing health concerns, which are driving demand for protection amid the pandemic, says Thomas C Wilson, chief executive and president.

BUSINESS

REITs tipped to offer 10-15% returns this year

Business, Darana Chudasri, Published on 05/04/2021

» Real estate investment trusts (REITs) and infrastructure funds are likely to offer attractive returns of around 10-15% this year, bolstered by the reopening of international travel and the prospects of higher hotel occupancy rates, says Win Phromphaet, chief investment officer at Principal Asset Management.

BUSINESS

NestiFly plans to tap loans for SMEs

Business, Darana Chudasri, Published on 17/03/2021

» NestiFly, the country's first online peer-to-peer (P2P) lending platform, plans to offer lending with shared collateral for small and medium-sized enterprises (SMEs) to capitalise on underserved markets.

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BUSINESS

Viriyah sets aside B500m to back IT

Business, Darana Chudasri, Published on 11/03/2021

» Viriyah Insurance, the country's largest auto insurer, has earmarked a budget of 500 million baht starting from this year for advanced IT networking development to speed up the insurance claims process.

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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.