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BUSINESS

OECD predicts SE Asian growth to decline

Business, Sirinnaree Ongsakul, Published on 10/04/2023

» Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

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BUSINESS

Incremental growth

Business, Sirinnaree Ongsakul, Published on 03/04/2023

» The local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being.

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BUSINESS

Dexon targets overseas expansion

Business, Sirinnaree Ongsakul, Published on 27/03/2023

» Dexon Technology, a Thai pipeline inspection company, is planning to expand its business to the US and Europe by using proceeds from its listing on the stock market later this month.

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BUSINESS

BKI allocates B1bn to buy local shares

Business, Sirinnaree Ongsakul, Published on 28/03/2023

» SET-listed Bangkok Insurance (BKI) has set aside 1 billion baht for its investment in Thai shares this year, with a focus on banking stocks that are projected to yield higher returns than last year as interest rates rise, says chairman Chai Sophonpanich.

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BUSINESS

MTL sees chance for growth

Business, Sirinnaree Ongsakul, Published on 18/03/2023

» Muang Thai Life Assurance (MTL) is confident its business will continue to expand this year as it predicts the insurance industry will resume growth, up from a slight contraction in 2022.

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BUSINESS

DHL forecasts growth in international trade to stall

Business, Sirinnaree Ongsakul, Published on 21/03/2023

» International trade growth is forecast to stagnate this year as countries have raised interest rates to combat surging inflation, leading to a worldwide economic slowdown, says global logistics company DHL.

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BUSINESS

Bangkok business travel cost rises to $278 a day

Business, Sirinnaree Ongsakul, Published on 22/03/2023

» The cost of business travel to Bangkok has risen moderately by 4%, making it the 24th most expensive destination in Asia, while Singapore ranks second after Hong Kong this year, says ECA International (ECA).

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BUSINESS

Viriyah targets B43bn in total written premiums in 2023

Business, Sirinnaree Ongsakul, Published on 15/03/2023

» Local non-life insurer Viriyah Insurance is aiming to achieve total written premiums worth 43 billion baht this year, up from 40.9 billion last year.

TECH

Deloitte highlights impact of meshing digital strategy

Business, Sirinnaree Ongsakul, Published on 16/03/2023

» Enterprises should turn their digital initiatives into clear strategic actions to achieve digital transformation, as faulty moves could lead to a market value loss of US$1.5 trillion across Fortune 500 companies, according to analysts from Deloitte.

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BUSINESS

Reports: Gender equality in the workplace still falls short

Business, Sirinnaree Ongsakul, Published on 13/03/2023

» Despite years of promoting gender equality in the workplace and female empowerment among leaders and organisations worldwide, significant progress is lacking, according to recent studies.