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Search Result for “$3 million”

Showing 1 - 10 of 322

BUSINESS

Call to let foreigners buy more insurance

Business, Nareerat Wiriyapong, Published on 12/02/2026

» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.

BUSINESS

Gold trading controls seen having limited impact on baht

Business, Nareerat Wiriyapong, Published on 20/01/2026

» Granting the Bank of Thailand powers to control online gold trading transactions will have a limited impact on curbing the baht's excessive strength, gold and currency experts say, as bullion has soared to a new all-time high of nearly US$4,700 an ounce and the Thai unit is expected to strengthen further.

BUSINESS

Cyber-incidents deemed top Thai business risk

Business, Nareerat Wiriyapong, Published on 15/01/2026

» Cyber-incidents, including cybercrime, data breaches, ransomware and service interruptions, are the top business risk in Thailand for 2026, followed by natural catastrophes and risks related to climate change, according to the latest Allianz Risk Barometer.

BUSINESS

Traders expect gold prices to continue to skyrocket

Nareerat Wiriyapong, Published on 12/01/2026

» Traders say gold prices should continue to rise in the near term after bullion broke through US$4,600 an ounce for the first time on Monday, resulting in the baht’s appreciation despite policymakers’ efforts to stem the rise.

BUSINESS

Association plans to set up Natural Catastrophe Fund

Nareerat Wiriyapong, Published on 23/12/2025

» The Thai General Insurance Association (TGIA) plans to establish a permanent Natural Catastrophe Fund in the first half of 2026 amid increasingly frequent and severe natural disasters in the country, with an initial sum of 50 billion baht.

BUSINESS

Delta targets double-digit revenue growth in 2026

Business, Nareerat Wiriyapong, Published on 08/12/2025

» Despite threats from US import tariffs and a looming artificial intelligence (AI) bubble, Delta Electronics (Thailand) is confident of achieving double-digit growth in revenue this year and next as Thailand remains one of the largest investment destinations for capacity expansion.

BUSINESS

Bank of Thailand aims to halt rapid baht uptick

Business, Nareerat Wiriyapong, Published on 05/12/2025

» The Bank of Thailand’s proposed tax reforms, tightening of gold oversight, and an anticipated interest rate cut could ease upward pressure on the baht, which has appreciated nearly 7% year-to-date to trade at stronger than 32 baht to the US dollar, according to pundits.

BUSINESS

Securities and Exchange Commission moves to protect Thai assets on Upbit Exchange

Nareerat Wiriyapong, Published on 29/11/2025

» The Securities and Exchange Commission (SEC) has taken steps to ensure cryptocurrency deposited with Upbit Exchange (Thailand) is safe after its South Korean parent became the latest exchange to suffer an attack, resulting in the loss of roughly 54 billion won (US$36.8 million).

BUSINESS

Pundits call for balance on trade and border issues

Business, Nareerat Wiriyapong, Published on 27/11/2025

» Pundits say the government must strike a fine balance between economic benefit and national sovereignty regarding the border dispute with Cambodia, as the prolonged conflict not only dampens prospects for Thailand's trade talks with the US, but also riles domestic political stability.

BUSINESS

Analysts forecast rate cut in December

Business, Nareerat Wiriyapong, Published on 20/11/2025

» Analysts increasingly expect the Bank of Thailand to cut the policy interest rate at its meeting next month after GDP growth fell to the weakest pace in four years in the third quarter amid weakening domestic demand, slower public investment and a tourism slump.