Showing 11 - 20 of 64
Allianz Ayudhya bullish on premium growth amid co-pay
Business, Nareerat Wiriyapong, Published on 13/02/2025
» While the introduction of the co-payment clause for health insurance in mid-March may dent sentiment, Allianz Ayudhya Assurance is confident of achieving strong double-digit premium growth this year, outpacing the expected market gain of 2-3%.
Binance trumpets baht-backed stablecoins
Business, Nareerat Wiriyapong, Published on 07/02/2025
» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.
Phuket eyed for crypto sandbox
Business, Nareerat Wiriyapong, Published on 01/02/2025
» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.
K-Asset: BoT to cut rates in H1 as stimulus takes effect
Business, Nareerat Wiriyapong, Published on 24/01/2025
» The Bank of Thailand is projected to cut interest rates in the first half of 2025 as the country needs support from both fiscal and monetary policies to spur economic growth, says Kasikorn Asset Management (K-Asset).
Maybank: Bad loans mar lending gains
Business, Nareerat Wiriyapong, Published on 09/01/2025
» Thai banks are expected to record weak loan growth this year and next amid rising non-performing loans (NPLs) as troubled debtors cannot service their debts given the uneven economic recovery, says the Thai unit of Kuala Lumpur-based financial group Maybank.
Baht to fall as Trump victory boosts dollar
Business, Nareerat Wiriyapong, Published on 08/11/2024
» The baht could slide further to below 34.5 to the dollar in the short term after the currency fell to a two-month low on Thursday, as the market now expects the Federal Reserve to cut interest rates slower than expected after Donald Trump won the US election, says Kasikorn Research Center (K-Research).
BLA forecasts uptick in first-year premiums
Business, Nareerat Wiriyapong, Published on 07/11/2024
» Bangkok Life Assurance (BLA) is confident of achieving double-digit growth in first-year premiums this year, putting the SET-listed life insurer on course to generate first-year premiums worth 10 billion baht by the end of 2026.
Baht poised to dip further if Trump wins
Business, Nareerat Wiriyapong, Published on 25/10/2024
» The baht will continue to depreciate amid ongoing outflows ahead of the US presidential election early next month to possibly trade below 34.50 baht to the dollar if the Republican candidate Donald Trump is victorious, says Kasikorn Research Centre (K-Research).
FWD intent on expanding market share
Business, Nareerat Wiriyapong, Published on 21/09/2024
» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.
RML sure it can make full bond repayment
Business, Nareerat Wiriyapong, Published on 10/09/2024
» SET-listed luxury property developer Raimon Land Plc (RML) is confident it can fully repay 406 million baht worth of bonds next week, with the remaining 118 million baht set to be redeemed by Sept 20.