The insurance industry was certainly impacted by the unprecedented flooding damage in the second half of 2011, but the disaster is leading to reform and better approaches to risk management in the public and private sectors. The damage is also expected to increase awareness of the value of insurance and raise Thailand’s below-average insurance penetration. At the same time, increased re-insurance...
Asia Financial Services
Displaying 991 - 996 of 1126
Chapter | Capital Markets from The Report: Thailand 2012
Thailand’s capital markets are relatively mature, with most major private companies listed on the Stock Exchange of Thailand (SET) or one of three smaller bourses. The SET itself is somewhat unique among regional markets as it is a semi-governmental agency that borrows several features from the mutual structure. Demutualisation has been mooted several times in the past, but the current...
Thailand’s banking sector is well capitalised and highly conservative, a legacy of the 1997-98 Asian financial crisis, which left financiers in the region averse to systemic risk. It is also a very local affair, with less than 15% of assets held by foreign banks. This may change in 2015 when new banking regulations come into force, but little shakeup is expected for the time being. The banking...
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.
Moves to liberalise Malaysia’s pensions market are expected to galvanise the Islamic finance market, already a key segment of the country’s economy, though greater regulatory oversight will be needed to bolster investor confidence in the sector.
Articles & Analysis | Oil Search: Hydrocarbons from The Report: Papua New Guinea 2012
THE COMPANY: Oil Search (OSH) was incorporated in Papua New Guinea in 1929. It is PNG’s largest hydrocarbons producer and operates all of the country’s currently producing oil and gas fields.