Showing 1 - 10 of 73
Mutual fund assets up 2.58% to B5.28tn
Business, Nuntawun Polkuamdee, Published on 22/04/2024
» Thailand's mutual fund industry registered a net asset value of 5.28 trillion baht in the first quarter, up 2.58% or 133 billion baht from the end of 2023, backed by strong growth of fixed income funds and foreign investment funds (FIFs).
Prudential posts 11% rise in premiums in 2023
Business, Nuntawun Polkuamdee, Published on 09/04/2024
» Prudential Life Assurance (Thailand) reported total insurance premiums of 34.7 billion baht last year, an increase of 11% from 31.3 billion in 2022, ranking seventh among Thai life insurers.
Prudential Thailand Leads Customer Satisfaction in 2023
Published on 02/04/2024
» Prudential Life Assurance (Thailand) Public Company Limited (Prudential Thailand), revealed its 2023 performance with Total Premiums received amounting to THB 34.7 billion, an increase of 11% from THB 31.3 billion in 2022, leading to a rise to #7 in market ranking (by Total Premium) among life insurers in Thailand. In addition, APE sales at THB 8.6 billion, a growth of 5% from THB 8.2 billion baht in 2022. Renewal premiums also saw an increase of 18% at THB 22.2 billion (from THB 18.7 billion in 2022).
2024: Volatility is the name of the game
Business, Published on 31/01/2024
» It is easy to overlook that the federal funds rate in the US was close to zero as recently as the first quarter of 2022. Since then, the Federal Reserve has hiked its benchmark interest rate by more than 500 basis points, and while short-term rates remain at their highest levels in more than two decades, the S&P500 index recently set a new all-time high, passing the record set in January 2022.
Morningstar touts technology RMFs
Nuntawun Polkuamdee, Published on 25/12/2023
» Investors looking to buy tax-deductible mutual funds in the last week of the year should focus on retirement mutual funds (RMFs) that invest in blockchain technology and artificial intelligence (AI) because they generated the highest investment returns in this year, says Morningstar Research (Thailand).
Tax-deductible stocking stuffers
Nuntawun Polkuamdee, Published on 04/12/2023
» The time of year is approaching when money-savvy investors search for tax-deductible options that offer reasonable returns.
ESG fund predicted to boost Thai stocks by up to B70bn
Business, Nuntawun Polkuamdee, Published on 15/11/2023
» A proposed ESG fund could attract inflows to 114 stocks listed on the Stock Exchange of Thailand's ESG index, with an estimated value of up to 70 billion baht this year, according to analysts.
Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.
Analysts wary of SET proposal
Business, Nareerat Wiriyapong, Published on 14/10/2023
» Stock market analysts and investors have offered a lukewarm response to Prime Minister Srettha Thavisin's proposal for the Stock Exchange of Thailand (SET) to extend its trading hours, saying they are unsure how the idea will increase trading on the bourse.
Fetco to discuss capital market reforms with PM
Business, Nuntawun Polkuamdee, Published on 19/09/2023
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to meet with Prime Minister Srettha Thavisin on Sept 25 to propose measures to support the Thai capital market towards long-term sustainability.