Live Breaking News & Updates on Syn Mun Kong Insurance
Stay updated with breaking news from Syn mun kong insurance. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SMK barred from new customers bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
SMK Insurance barred from new customers bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
A huge number of Covid-19 insurance lump-sum claims, spurred by the peak of the pandemic in 2021 and early this year, caused the closure of four insurance companies Asia Insurance, The One Insurance, Southeast Insurance and Thai Insurance as they did not have sufficient capital reserves to pay out on the claims. ....
This year has been packed with events that highlighted both progress and setbacks unavoidable realities in the world of business. The year posed challenges for the government and businesses seeking new opportunities post-pandemic, sparked hope among car makers that are anticipating growth of the electric vehicle industry in Thailand, as well as unsuccessful attempts by some companies to further grow their businesses. ....
The Office of Insurance Commission (OIC) has ordered SET-listed Syn Mun Kong Insurance (SMK) to rectify its financial position and prepare a rehabilitation plan after the Central Bankruptcy Court ordered the company to undertake rehabilitation and also appointed SMK as a rehabilitation planner. ....