Showing 1-10 of 25 results
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Zipmex crisis creates toxic Thai legacy
Business, Poonyapat Luenam, Published on 12/08/2022
» Smith Chayavorakul had been investing in cryptocurrency for eight months, riding the boom-and-bust cycle of market prices. But things changed when the Singapore-based crypto exchange Zipmex prevented investors from making withdrawals after it was caught in the market meltdown.
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Bangkok Airways REIT to launch soon
Business, Poonyapat Luenam, Published on 16/08/2022
» Bangkok Airways Plc's real estate investment fund BAREIT will be available to invest in next week with an expected yield of 8.09-8.95% in the first year, reflecting the growth potential of its Samui Airport-based assets, the regional carrier said on Monday.
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Tourism recovery boosts MINT revenue
Business, Poonyapat Luenam, Published on 26/07/2022
» Minor International (MINT) expects revenue from its core accommodation, food and lifestyle businesses to drive profitability in the second half of the year as the recovering tourism industry boosts demand for hospitality services.
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Tisco ESU tips healthcare, tech amid recession fears
Business, Poonyapat Luenam, Published on 27/07/2022
» Tisco Economic Strategy Unit (Tisco ESU) recommends investing in healthcare and tech stocks as it expects the US Federal Reserve to increase interest rates by another 75 basis points at its meeting on July 27, raising the risk of recession.
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Allianz sets out plan to add 7m Asian customers
Business, Poonyapat Luenam, Published on 14/07/2022
» Allianz Asia Pacific aims to increase its customers to 18 million by 2025, up from 11 million, by expanding distribution channels and utilising digital solutions to enhance the efficiency of its services.
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Crypto bankruptcy adds to Thai woes
Business, Poonyapat Luenam, Published on 16/07/2022
» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.
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Bitkub and Circle team up for USDC
Business, Poonyapat Luenam, Published on 19/07/2022
» Bitkub has joined hands with Circle, a peer-to-peer payment platform developer, to promote the digital stablecoin USDC in Thailand.
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Seek and Keep Genesis preps service
Business, Poonyapat Luenam, Published on 20/07/2022
» Seek and Keep Genesis is set to launch Keep Di, an insurance bureau platform that collects users' data using blockchain, in September to provide customers more secure digital privacy and token-earning opportunities.
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Voyager Digital halts all trading after 3AC default
Business, Poonyapat Luenam, Published on 05/07/2022
» Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.
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Heaps of bogus Covid claims come to light
Business, Poonyapat Luenam, Published on 06/07/2022
» Thai General Insurance Association (TGIA) has found that thousands of policyholders submitted fraudulent documents to misappropriate over 500 million baht's worth of compensation from Covid insurance policies offering a lump-sum payment.
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