Showing 111 - 120 of 415
Thai giants to ink Myanmar pact
Business, Darana Chudasri, Published on 04/12/2020
» Four massive Thai conglomerates -- B.Grimm Group, Amata Corporation, PTT and Global Power Synergy -- have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar.
Health concern gives MTL 9% sales gain
Business, Darana Chudasri, Published on 04/12/2020
» Health consciousness driven by the pandemic led to sales growth for health insurance of 9% in the first nine months of the year at Muang Thai Life Assurance (MTL), says its president Sara Lamsam.
Bitcoin rises to all-time high
Business, Darana Chudasri, Published on 04/12/2020
» Bitcoin surged to all-time high of US$19,857 or 589,700 baht on Bitkub, the local digital exchange, a 30% rise in a month and 177% hike in a year.
Tris Rating debuts green bond verifier
Business, Darana Chudasri, Published on 20/11/2020
» Tris Rating has launched a local green bond verifier, certified by the Climate Bonds Initiative, as a new service to facilitate and promote domestic green bond financing.
Private fund growth booms in search for yield
Business, Darana Chudasri, Published on 23/11/2020
» Private funds saw huge growth in the first nine months of the year, despite the outbreak and the shrinking economy, according to data from the Association of Investment Management Companies (AIMC) and the Securities and Exchange Commission (SEC).
TrueMoney adds mutual fund options
Business, Darana Chudasri, Published on 24/11/2020
» TrueMoney, the e-wallet service under Ascend Money, is expanding services to mutual fund investment in partnership with Ascend Wealth to attract first-time investors to take baby steps.
Critical capital market challenges outlined
Business, Darana Chudasri, Published on 25/11/2020
» Thai capital markets face four pending challenges going forward, referring to SEC-R (sustainability, equality, competitiveness, and resilience) pressured by the 'five Ds' (debt, division, divergence, digitalisation, and degradation of the environment), said the keynote speaker at the 2020 Capital Market Symposium, hosted by the Securities and Exchange Commission (SEC).
BKI's 5% premium growth goal sparked by car hopes
Business, Darana Chudasri, Published on 25/11/2020
» Bangkok Insurance (BKI), a SET-listed non-life insurer, is targeting premiums to grow 5% next year to 23.7 billion baht, spurred by a potential rise in new car sales, ongoing government investment in infrastructure projects and recovering global reinsurance premium induces.
OIC mulls extending relaxed measures
Business, Darana Chudasri, Published on 27/11/2020
» The Office of the Insurance Commission (OIC) is considering extending measures to relax insurance premium payments to help businesses and the public, initially scheduled to expire at the end of 2020.
Insurtech broker Benix draws Humanica, others
Business, Darana Chudasri, Published on 18/11/2020
» Humanica is partnering with Fuchsia Venture Capital, a subsidiary of Muang Thai Group Holding, and CXA Group to invest 50 million baht in Benix, an insurtech digital broker startup.