Showing 1-10 of 313 results
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Allianz targeting premiums worth B41bn
Business, Nareerat Wiriyapong, Published on 19/03/2024
» Allianz Ayudhya Assurance, Thailand's leading life insurer, aims to increase its gross written premiums (GWPs) by 13% to 41 billion baht this year, thanks to an expansion of its agent network, focusing on health and unit-linked insurance products, and the launch of new services.
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Allianz unit eyes 20% growth in corporate business
Business, Nareerat Wiriyapong, Published on 16/03/2024
» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.
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Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.
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World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
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SET vows tougher rules on short selling, trading
Business, Nareerat Wiriyapong, Published on 23/02/2024
» The Stock Exchange of Thailand (SET) is planning to raise the market capitalisation requirement for securities eligible for short selling and triple the fines for violators of short selling rules.
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Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
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K-Research calls for more stimulus steps
Business, Nareerat Wiriyapong, Published on 13/02/2024
» Thailand is not at risk of deflation but the economy needs additional government measures to stimulate domestic consumption as geopolitics, China's slowdown and the baht's fluctuation pose challenges to economic growth this year, says Kasikorn Research Centre (K-Research).
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SJWD plans to spend B2.5bn on expanding network
Business, Nareerat Wiriyapong, Published on 06/02/2024
» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), is set to invest nearly 2.5 billion baht to acquire shares of logistics companies in Thailand and Malaysia as it expands its logistics and supply chain business in Southeast Asia.
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MTL sets out plans to expand overseas
Business, Nareerat Wiriyapong, Published on 30/01/2024
» Muang Thai Life Assurance (MTL) is planning to make investments in medical treatment businesses this year while there are also plans to expand its presence overseas under the company's strategy to become a regional insurer, said president and chief executive Sara Lamsam.
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LGT hints BoT could cut rates soon
Business, Nareerat Wiriyapong, Published on 18/01/2024
» The Bank of Thailand may move before the US Federal Reserve to cut interest rates, with a Fed trim expected in June, as the Thai central bank aims to shore up the local economy, especially if the digital wallet policy is thwarted, says LGT Securities.
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