AIA Thailand expects insurance sales via digital channels to reach 50% by the end of this year, up from 40% at present, spurred by work from home and social distancing during the pandemic. AIA chief executive Kris Chantanotoke said the challenge is to encourage agents to adopt digital tools. “About 40% of our new policies […]
Read MorePETALING JAYA: The government will implement consolidation measures to strengthen its fiscal position including broadening the revenue base, enhancing the tax administration and compliance, as well as increasing the efficiency in spending to control the fiscal deficit level when the economy is restored, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. (pic) He […]
Read MoreMANILA, Philippines – Economic managers will revisit their goals after President Rodrigo Duterte approved a proposal to tighten restrictions in Metro Manila to slow down a new surge in infections believed to be fueled by the Delta variant. The interagency Development Budget Coordination Committee (DBCC) will “review” this year’s economic targets once the second quarter […]
Read MoreCambodia has committed to develop the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) in order to contribute to enhancing cross border trade activities and improving the livelihoods of the region’s peoples. This according to Pan Sorasak, Minister of Commerce and Chairman of the Cambodia-Laos-Vietnam Triangle Development Cooperation Coordinating Committee during a virtual meeting with Chheang Von, Chairman […]
Read MoreThe baht opened at 32.87 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 32.80 and 32.95 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon said the US dollar was weakening but the Thai currency was unlikely to strengthen soon due to […]
Read MoreThai entertainment and media (E&M) revenues are forecast to climb above 500 billion baht this year, bouncing back from a drop of 6 per cent last year (484 billion baht) during the Covid-19 crisis. The forecast comes from PwC’s Global Entertainment & Media Outlook 2021-2025, which estimates E&M revenues will grow by 4.45 per cent […]
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