Showing 1 - 10 of 16
Gold prices surge 4% over Covid, baht fears
Business, Darana Chudasri, Published on 15/07/2021
» Thai gold prices have climbed 4% in the past three weeks, spurred by a 2% increase in the global gold price, the baht's depreciation, and fears over a major uptick in the number of new infections.
REIT prices edging near pre-Covid levels
Business, Darana Chudasri, Published on 16/06/2021
» Prices of global real estate investment trusts (REITs) edged near pre-pandemic levels following the economic recovery and progress in global vaccine distribution, while Thai REITs remain the laggard despite excellent returns compared to global counterparts and government bonds, says Veena Lertnimitr, executive vice-president of Siam Commercial Bank.
TQM takes 51% in True Life, Extra
Business, Darana Chudasri, Published on 30/04/2021
» TQM Corporation (TQM), the only SET-listed insurance broker, has acquired 51% in both True Life Broker Co and True Extra Broker Co to cement its position in the life insurance business with total investment not exceeding 270 million baht.
LEO upgrades revenue growth outlook for 2021
Business, Darana Chudasri, Published on 12/05/2021
» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.
TGH gears up for service integration
Business, Darana Chudasri, Published on 19/03/2021
» SET-listed Thai Group Holdings (TGH), the insurance arm of the TCC Group controlled by tycoon Charoen Sirivadhanabhakdi, has added two more business units -- consumer finance and health and wellness -- to vertically integrate services geared towards an ageing society.
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.
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.
Thailand ranks No.2 among Asian IPOs
Business, Darana Chudasri, Published on 29/12/2020
» Thailand grabbed the No.2 spot for initial public offerings (IPOs) in Asia in 2020, raising US$4.96 billion in total, behind only China if excluding cross-listed shares from other bourses such as infrastructure funds (IFFs) and real estate investment trusts (REITs).
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.
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).