Showing 11 - 20 of 27
Crypto bankruptcy adds to Thai woes
Business, Poonyapat Luenam, Published on 16/07/2022
» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.
SEC seeks feedback on ICO portal rules
Business, Poonyapat Luenam, Published on 27/06/2022
» The Securities and Exchange Commission (SEC) is seeking comments from the public on amendments to the initial coin offering (ICO) portal regulations to prevent conflicts of interest and clarify the regulations on outsourcing.
3AC defaults on loan worth $670m
Business, Poonyapat Luenam, Published on 29/06/2022
» Three Arrows Capital (3AC), a prominent crypto hedge fund, defaulted on a loan worth over US$670 million, prompting a steep fall in Bitcoin's price to below $21,000.
Bangkok Life offers surgery service
Business, Poonyapat Luenam, Published on 02/07/2022
» Bangkok Life Assurance is partnering with Bangkok Hospital to improve the latter's service and enable policyholders to comfortably plan in advance for medical procedures and expenses with its "Pre-Authorization" programme.
Voyager Digital halts all trading after 3AC default
Business, Poonyapat Luenam, Published on 05/07/2022
» Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.
ASPS bullish on prospects for real estate
Business, Poonyapat Luenam, Published on 06/07/2022
» Asia Plus Securities (ASPS) recommends investing in real estate stocks with high growth and dividends that are outpacing inflation as it expects the government to extend the easing of the loan-to-value (LTV) ratio and transfer fees for mortgage lending for another year to support the economic recovery.
Heaps of bogus Covid claims come to light
Business, Poonyapat Luenam, Published on 06/07/2022
» Thai General Insurance Association (TGIA) has found that thousands of policyholders submitted fraudulent documents to misappropriate over 500 million baht's worth of compensation from Covid insurance policies offering a lump-sum payment.
Venture aims to serve young generation
Business, Poonyapat Luenam, Published on 14/06/2022
» Bangkok Life Assurance has partnered with Jaymart Insurance Broker to introduce accessible life insurance products to meet the needs of younger Thais, offering low starting premiums, tax benefits and coverage of up to 3 million baht.
Merger to create financial data super-app for new era
Business, Poonyapat Luenam, Published on 16/06/2022
» The grouping of Nansen, a blockchain analytics platform, Ape Board, a decentralised finance (DeFi) portfolio management dashboard, and the portfolio companies of SCB 10X, the venture investment arm of SCBX Group, are merging to become a data analysis super-app for Web 3.0.
Token X, SC Asset team up for utility token effort
Business, Poonyapat Luenam, Published on 21/06/2022
» Token X, a subsidiary of SCBX Group, joins real estate firm SC Asset Corporation to create the ready-to-use utility token "SC Morning Coin" for Ruejai, SC's after-sales service management application.