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BUSINESS

Southeast Asia struggles to hit ESG goals

Business, Sirinnaree Ongsakul, Published on 19/04/2023

» Most Southeast Asian nations face risks to their environmental, social and governance (ESG) performance as the aftermath of the pandemic slows the process, according to a recent report.

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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).

BUSINESS

'Downside risks' for Asean+3

Business, Sirinnaree Ongsakul, Published on 11/04/2023

» Soaring energy prices and a stalling US economy have emerged as potential downside risks that could dampen growth in Asean+3 economies, according to the Singapore-based Asean+3 Macroeconomic Research Office (Amro).

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BUSINESS

BVG partners with Cambodian firm

Business, Sirinnaree Ongsakul, Published on 12/04/2023

» Blue Venture Group (BVG), Thailand's leading insurance platform provider, is partnering with a Cambodian reinsurance firm to launch an insurtech joint venture expected to start operating in the second half of this year.

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BUSINESS

ADB gauges 2023 growth rate at 3.3%

Business, Sirinnaree Ongsakul, Published on 05/04/2023

» Thailand's economic growth is projected at 3.3% this year and 3.7% in 2024 as a recovery in tourism and private consumption help offset a slowdown in exports, according to the Asian Development Bank (ADB).

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BUSINESS

Corporate bonds hike in value

Business, Sirinnaree Ongsakul, Published on 06/04/2023

» The value of long-term Thai corporate bonds rose 1.6% year-on-year to 270 billion baht in the first quarter of 2023, following a continued recovery of the economy, according to a Thai Bond Market Association (Thai BMA) release on Wednesday.

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BUSINESS

Region told to rev up decarbonisation

Business, Sirinnaree Ongsakul, Published on 07/04/2023

» Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

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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.