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BUSINESS

Traders point to speculative opportunity for gold buyers

Business, Darana Chudasri, Published on 14/02/2020

» As local gold prices trend upward amid growing appetite for risk hedging, investors could either opt to buy for long-term holding or invest based on short-term speculation, traders say.

BUSINESS

TIP stakes out Cambodian footprint via joint venture

Business, Darana Chudasri, Published on 20/02/2020

» SET-listed Dhipaya Insurance (TIP) plans to branch out into Cambodia by forming a joint venture firm to operate non-life insurance businesses by the third quarter, expanding its market in Asean.

BUSINESS

CRC shares end lower on debut

Darana Chudasri, Published on 20/02/2020

» The share price of SET-listed Central Retail Corporation Plc (CRC) ended in the red on the first day of trading Thailand's largest-ever market capitalisation equity on Thursday, amid sentiments blighted by the Covid-19 epidemic.

BUSINESS

CRC inches lower in first day of trading

Business, Darana Chudasri, Published on 21/02/2020

» The share price of SET-listed Central Retail Corporation Plc (CRC) edged lower during the first day of trade for Thailand's biggest-ever equity IPO by market cap amid sentiment blighted by the coronavirus epidemic.

BUSINESS

Outbreak a mixed bag for medical providers

Business, Darana Chudasri, Published on 26/02/2020

» Medical tourism hospitals have experienced direct, adverse effects from the coronavirus epidemic, while medical appliance manufacturers and pharmaceutical and supplement makers could benefit from increasing awareness of health and hygiene.

BUSINESS

MTS says gold primed for takeoff

Business, Darana Chudasri, Published on 28/02/2020

» The domestic gold price could spike to 27,500 baht per baht-weight over the next six months, fuelled by growing risk-off sentiment, the weakening baht and coronavirus concerns, says MTS Gold Global Trading.

BUSINESS

SET down almost 4%

Darana Chudasri, Published on 28/02/2020

» Thai shares fell almost 4% on Friday morning, tracking the biggest single-day point drop in Dow Jones Industrial Average history overnight on mounting concerns over the economic impact of the spread of Covid-19 disease.

BUSINESS

Allianz Ayudhya banks on health protection products

Business, Darana Chudasri, Published on 04/03/2020

» Allianz Ayudhya Assurance Plc aims for 3% growth in total premium to 33 billion baht in 2020, staying focused on health protection products.

BUSINESS

An expensive lesson

Business, Darana Chudasri, Published on 05/03/2020

» Some investors are hooked on investing in high-yield corporate bonds amid the low interest rate environment. But the Energy Earth saga serves as a reminder of how an investment could yield nothing but a painful experience of deception and slow legal prosecution.

BUSINESS

OIC reduces interest for premiums

Business, Darana Chudasri, Published on 13/03/2020

» The Office of the Insurance Commission (OIC) has lowered the minimum interest rate for pricing premiums to 1% from 2% and allowed 70,000 tourist buses affected by Covid-19 to either seek premium refunds or extend their auto insurance period as part of its efforts to alleviate impacts from the outbreak.