Showing 1 - 10 of 115
Leading the digital assets revolution
Business, Darana Chudasri, Published on 01/05/2021
» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.
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.
SawasdeeShop eyes cryptocurrency use
Business, Darana Chudasri, Published on 23/03/2021
» SawasdeeShop, an international money changer, will ask permission from the Bank of Thailand (BoT) to use cryptocurrency as an intermediary in international money transfers and currency exchanges in order to reduce costs.
Increase in mutual fund investors seen
Business, Darana Chudasri, Published on 10/02/2021
» The number of mutual fund investors could surge to over 3 million within the next few years, spurred by the public's increasing awareness of financial planning which is rendered essential amid the global pandemic, says Jessada Sookdhis, Finnomena Group's chief executive.
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).
Internet stock trading accounts increase by 22.7%
Business, Darana Chudasri, Published on 09/12/2020
» Internet securities trading accounts increased by 553,000 or 22.7% during the first three quarters to 3.02 million accounts, driving total securities trading accounts to 3.32 million at the end of September.
Insurtech broker Benix draws Humanica, others
Business, Darana Chudasri, Published on 18/11/2020
» Humanica is partnering with Fuchsia Venture Capital, a subsidiary of Muang Thai Group Holding, and CXA Group to invest 50 million baht in Benix, an insurtech digital broker startup.
Sompo clinches CIMB deal
Business, Darana Chudasri, Published on 31/10/2020
» Sompo Insurance Thailand, a non-life subsidiary of Japanese insurer Sompo Holdings, has clinched a 15-year exclusive bancassurance deal with CIMB Thai Group, aiming to raise its gross written premiums (GWP) by 1 billion baht next year.
Mazars flags tourism-related closures
Business, Darana Chudasri, Published on 23/10/2020
» Business closures of companies related to tourism have doubled as a result of Covid-19, says Mazars Group, a French-based international tax, audit and advisory firm.
PLA makes mark in digital insurance sales
Business, Darana Chudasri, Published on 19/09/2020
» While maintaining a relatively small presence in the Thai insurance market, PhillipLife Assurance (PLA) has become a major player in terms of digital sales, which have spiked since the pandemic and represent the future of the sector.