Showing 1-10 of 492 results
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Mutual fund managers want more state support
News, Nuntawun Polkuamdee, Published on 25/04/2024
» The Association of Investment Management Companies (AIMC) is preparing to ask the government to provide support to the Thai mutual fund industry, citing efforts in Japan and India to boost the growth of their capital markets.
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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.
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Plan to legalise casinos a boon for AWC
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» Asset World Corporation (AWC) would be the main beneficiary of the government plan to legalise casinos as part of entertainment complexes as the company operates luxury hotels and retail centres near potential sites for these developments, says Tisco Securities.
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Gulf consortium strongest virtual bank contender
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).
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Thai firms seek listing on UK bourses
Business, Nuntawun Polkuamdee, Published on 16/02/2024
» The London Stock Exchange (LSE) and its private partners are inviting medium to large-sized Thai companies to list on the LSE and the Alternative Investment Market (AIM), as two Thai firms are in the final process of listing on the London bourses.
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SET expects volume of IPOs to increase in 2024
Business, Nuntawun Polkuamdee, Published on 20/01/2024
» The Stock Exchange of Thailand (SET) expects more companies will float shares on the Thai bourse this year than in 2023 as investment sentiment has improved.
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Regulator nixes launch of Bitcoin ETFs
Business, Nuntawun Polkuamdee, Published on 17/01/2024
» The Securities and Exchange Commission (SEC) says it does not plan to allow asset management firms to launch spot Bitcoin exchange-traded funds (ETFs) in Thailand at the moment after its US counterpart approved the establishment of 11 Bitcoin ETFs last week.
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SEC considers revoking Zipmex licence
Business, Nuntawun Polkuamdee, Published on 16/01/2024
» The Securities and Exchange Commission (SEC) might consider revoking the business licence of Zipmex if the digital asset exchange operator cannot fix its liquidity problem within 15 days, as its capital fund is already below the regulator's requirement.
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Syn Mun Kong Insurance likely has 60 days to solve woes
Business, Nuntawun Polkuamdee, Published on 19/12/2023
» The Office of the Insurance Commission (OIC) is expected to give Syn Mun Kong Insurance Plc (SMK) 60 days to solve its liquidity problems and raise capital, but the regulator said the ailing insurer is unlikely to meet the deadline.
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Sompo eyes 20% gain in premiums
Business, Nuntawun Polkuamdee, Published on 19/12/2023
» Sompo Insurance (Thailand), a unit of Japan's leading insurer, aims to grow its premiums by 20% in 2024 from an estimate of 4 billion baht this year by focusing more on personalised insurance policies, especially travel accident (TA) insurance.
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