Total life insurance premiums grew 3.25% year-on-year to 196 billion baht in the first four months this year, thanks to 41.7% growth in single premiums requiring buyers to make a one-time payment. The growth was also spurred by a 10% uptick in newly acquired businesses, while first-year premiums dropped 6.35% year-on-year. Sara Lamsam, president of […]
Read MoreMANILA, Philippines — The national government’s outstanding debt rose to a fresh record high of P10.991 trillion in April, boosted by both local and external borrowings, the Bureau of the Treasury (BTr) said. The total debt portfolio further grew by two percent or by P217.49 billion from its end-March level. Out of the total debt […]
Read MoreForte, a leading insurance company in Cambodia, has teamed up with Commercialisation of Aquaculture for Sustainable Trade- (CAST) Cambodia and the Syngenta Foundation for Sustainable Agriculture to study providing insurance services to the Cambodian aquaculture sector. The agreement on the study was signed on June 3. It will explore how to expand insurance services to […]
Read MoreSevere economic impacts as a result of the pandemic have put more stress on the local condotel market. While the Covid-19 pandemic is putting Vietnam’s condotel market into an ordeal, this would also provide an opportunity for the segment to heal itself. “This is the time for property developers to review their corporate governance models […]
Read MoreASEAN and the European Union (EU) have negotiated the world’s first bloc-to-bloc air transport agreement, liberalising air transport by giving airlines of both regions greater opportunities to operate passenger and cargo services, Singapore’s Ministry of Transport (MOT) announced on Friday. Negotiations for the Asean-EU Comprehensive Air Transport Agreement (AE CATA) were completed at the Extraordinary […]
Read MoreJAKARTA: Indonesia has formed a task force that includes law enforcement officials to go after nearly $8 billion (RM33bil) of unrepaid state funds handed out to bank owners during the Asian financial crisis in the late 1990s, ministers said on Friday. The government provided billions of dollars of financial support to troubled banks during the […]
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Thailand
