Showing 1-10 of 185 results
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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.
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SET recovers as Covid measures are unveiled
Business, Darana Chudasri, Published on 10/07/2021
» Despite pressure from the government's fresh batch of Covid control measures and a new record high for daily infections, the SET Index still gained yesterday, closing at 1,552.09 points, up 8.42 points or 0.55%.
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Covid claims snowball in last 45 days
Business, Darana Chudasri, Published on 07/07/2021
» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.
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ASPS predicts volatile Q3 for SET as mood wanes
Business, Darana Chudasri, Published on 02/07/2021
» The Thai stock market will continue to be challenged by the pandemic in the third quarter as economic growth remains dampened by the outbreak, while improving economies outside Thailand may depreciate the baht and cause foreign outflows, says Asia Plus Securities (ASPS).
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TBMA eyes B1tn in corporate bond issuance for this year
Business, Darana Chudasri, Published on 23/06/2021
» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.
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Robust daily trading volume on TFEX
Business, Darana Chudasri, Published on 28/05/2021
» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.
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ESG bond issuance likely to reach B100bn this year
Business, Darana Chudasri, Published on 27/05/2021
» As more major corporates move towards green investment, the issuance of environmental, social and corporate governance (ESG) bonds is expected to reach 100 billion baht this year, roughly 20% growth from 2020, says Ariya Tiranaprakit, executive vice-president of the Thai Bond Market Association (TBMA).
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Covid-related claims could hit B3bn as cases continue to rise
Business, Darana Chudasri, Published on 26/05/2021
» Total claims from Covid-19 insurance could soar to 3 billion baht this year as daily infections continue to rise, says Thai General Insurance Association (TGIA) president Anon Vangvasu.
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Bitcoin tumbles to a four-month low at B1.22mn
Business, Darana Chudasri, Published on 20/05/2021
» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.
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Covid insurance continues surge in April
Business, Darana Chudasri, Published on 14/05/2021
» Accumulated Covid insurance premiums spiked by 2.2 billion baht from 6.45 million policies in April, driving the total premiums received to 7.15 billion baht over 14 months since the beginning of the pandemic.
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