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Search Result for “policies”

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BUSINESS

Covid payouts close to B60bn at end of March

Business, Nuntawun Polkuamdee, Published on 22/04/2022

» Total payouts from Covid-19 insurance lump-sum claims rose to almost 60 billion baht at the end of March.

BUSINESS

Foreigners sell B123bn of Thai bonds since start of Ukraine war

Business, Nuntawun Polkuamdee, Published on 01/04/2022

» More than 123 billion baht of foreign capital has exited the Thai bond market since Russia attacked Ukraine, part of a flight to the US dollar market, according to the Thai Bond Market Association (TBMA).

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BUSINESS

Ministry closes 2 Covid-hit insurers

Business, Nuntawun Polkuamdee, Published on 02/04/2022

» The Finance Ministry has revoked the business licences of Southeast Insurance and Thai Insurance, effective yesterday, after the two companies were declared financially incapable of paying outstanding claims, according to the Office of the Insurance Commission (OIC).

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BUSINESS

OIC orders 2 insurers to stop issuing new policies

Business, Nuntawun Polkuamdee, Published on 18/03/2022

» The Office of the Insurance Commission (OIC) ordered Southeast Insurance and Thai Insurance to temporarily suspend the issuance new non-life insurance policies and urged both companies to rectify their financial positions within a specified period.

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BUSINESS

Bourses boom on Fed rate uptick

Business, Nuntawun Polkuamdee, Published on 18/03/2022

» Thai and global stock markets rallied following the United States Federal Reserve's decision to raise the interest rate by 0.25 percentage points on Thursday.

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BUSINESS

Thai large-cap stocks lure foreign funds

Business, Nuntawun Polkuamdee, Published on 11/02/2022

» Foreign funds continue to flow into Thai large-cap stocks, pushing the SET Index past 1,700 points, the highest level in two years since the Covid outbreak started at the beginning of 2020.

BUSINESS

Group clears confusion on Covid norms

Business, Nuntawun Polkuamdee, Published on 11/02/2022

» The Thai Life Assurance Association (TLAA) announced eligibility criteria for Covid inpatients on Feb 7 to clarify confusion surrounding the industry's disbursement criteria for Covid patients.

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BUSINESS

Thai shares fall amid US inflation worries

Business, Nuntawun Polkuamdee, Published on 12/02/2022

» The Thai stock market dropped yesterday, following global indices, after higher than expected US inflation stoked concerns over early interest rate hikes.

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BUSINESS

Citi upbeat on cyclical industries amid GDP dip

Business, Nuntawun Polkuamdee, Published on 12/02/2022

» Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth.

BUSINESS

Stock exchange keeps allure

Business, Nuntawun Polkuamdee, Published on 09/02/2022

» The Thai stock market remains attractive as listed companies continue to make profits and the bourse has recorded positive net fund inflows the last two months.