Showing 1 - 10 of 48
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.
SEC files criminal charge against Binance
Business, Darana Chudasri, Published on 03/07/2021
» The Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance, the world's largest cryptocurrency exchange platform, for illegally operating a digital asset business without a licence under the Digital Asset Businesses Decree.
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.
SEC allays crypto furore
Business, Darana Chudasri, Published on 02/03/2021
» The Securities and Exchange Commission (SEC) is backing off its draft plan to require a 1-million-baht minimum annual income and other requirements for cryptocurrency investors, noting the draft was just meant to test public sentiment from stakeholders.
MTB gets B200m capital boost for online expansion
Business, Darana Chudasri, Published on 29/01/2021
» Muang Thai Group Holding (MTGH) has injected 200 million baht into its subsidiary Muang Thai Broker (MTB) to expand its presence in the growing online insurance market, says Sara Lamsam, MTL's president and chief executive.
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.
BTS preps green bonds
Business, Darana Chudasri, Published on 07/11/2020
» BTS Group Holdings (BTS), the first local issuer of green bonds in Thailand, plans to issue a green bond every year as an option for investors to finance its public transport projects.
TQM studying viability of cybermarket
Business, Darana Chudasri, Published on 15/09/2020
» TQM Corporation (TQM), the only SET-listed insurance broker, is studying the viability of cyber-insurance products in response to the growing complexity of cyber-risks in the digital age.
Office of the Insurance Commission readies rule reform scheme
Business, Darana Chudasri, Published on 10/09/2020
» The Office of the Insurance Commission (OIC) is implementing a regulatory reform plan to buffer the insurance industry against future risks through digitalisation and public insurance literacy.
Third quarter crucial for signs of recovery
Business, Darana Chudasri, Published on 29/07/2020
» After Thailand's stock exchange took an unprecedented beating in the first half this year, analysts and traders are looking to the third quarter to see if the country can rebound quickly or will continue to flounder from the pressure of low exports and lethargic tourism.