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https://www.nationthailand.com/business/40005819

gettgo wins Best New Comparison Website in Thailand 2021 Award

gettgo, a comprehensive insurance comparison platform for the new generation, was awarded Best New Comparison Website in Thailand 2021 by The Global Economics, one of the UK’s leading financial publications.

gettgo, a comprehensive insurance comparison platform for the new generation, was awarded Best New Comparison Website in Thailand 2021 by The Global Economics, one of the UK’s leading financial publications. This accolade is part of the Annual Global Economics Awards program for the insurance sector, aiming to annually recognise insurance-related companies for their best business innovations and best value propositions.

Mr. Tanat Jakrawatana, Managing Director of gettgo, speaking on winning the award, expressed that, “gettgo is proudly and humbly accepting of this prestigious award. We are grateful for The Global Economics’ recognition of our efforts to deliver what’s best for the customers.

In my view, it is difficult to conclude who really is ‘the Best platform’, since gettgo doesn’t compete or compare in order to dominate the market. Our only goal is to put as much effort into understanding what is in the best interests of consumers when it comes to finding the right insurance on online platforms. This is what we have always been doing, and we are very proud that our hard work is being recognised and appreciated on a satisfying level today.”

Mr. Tanat further added information about features of gettgo’s platform which can well serve what consumers are actually looking for in 2021, when there is high demand to display insurance comparison results in a convenient and transparent method. Moreover, consumers want freedom to decide their own insurance choices that suit different lifestyles. Hence, purchasing insurance merely based on word of mouth from family members, friends or insurance brokers is no longer enough today.

gettgo offers an ample range of insurance products which are more than enough to assimilate on-demand services ranging from health insurance, Covid-19 insurance, car insurance, travel insurance and more. The platform utilises a very smart search engine to discover insurance suitability for every individual’s conditions i.e. the cost they feel comfortable with, or specific policies to fit different needs. With this, the customers can thoroughly compare insurance side by side through product details and coverage for both life and non-life insurance from over 20 leading companies.

This is only the beginning of what gettgo has offered to customers during the past 3 years. Behind the scenes, the platform never stops improving. It maximises all of its capabilities and manpower to gather customer databases in all aspects such as purchase history, reviews, comments, complaints, or any other social mentions regarding the brand in order to create, improve, and develop the products and the website continuously. These factors all make up the secret recipe for the best online insurance comparison website making it worth every penny for the consumers.

In Q4 this year continuing to 2022, gettgo is preparing to launch several exciting projects, namely:

• Collaboration with top life insurance companies to develop an exclusive end-to-end health insurance for Thais with lower purchasing power to suit the current economic circumstances. The platform sees the pain point where, although the ability to purchase is weaker, the demand for health-related protection is rising amidst the pandemic situation. It is timely for gettgo to provide the solution that helps people gain access to beneficial and worthwhile insurance as easily as possible.

• Collaboration with platforms for employees’ flexible benefits to present top-class, bite-size insurance policies distributed to corporate staff through point redemption systems. This exercises how gettgo, as an avid InsurTech innovator, applies technology to make insurance access as straightforward and convenient as any point-redeemable consumer goods seen nowadays.

Moreover, gettgo is continuing to develop the search recommendation engine for health insurance platform that was launched in 2020 to continue to make sure that the customers can find the best plans within their budget range. All in all, the projects above demonstrate gettgo’s direction and desire to make progress with innovations and technologies as an InsurTech company, so that choosing insurance products can truly become everyone’s simple task.

gettgo wins Best New Comparison Website in Thailand 2021 Award

About gettgo

gettgo is an online insurance comparison website founded in 2018 under Muang Thai Broker Co., Ltd. Its establishment is in line with the mission to create a platform to accommodate consumer behaviors in the digital age, with the need to compare products by themselves before deciding to purchase them online. Thus, gettgo wants to create the experience of comparison and online insurance purchases that are convenient and quick, with simple language and filtered and essential data, without forcing unnecessary coverage on users. In this regard, gettgo offers a selection of online insurance, including motor insurance, travel insurance, home insurance, and COVID insurance. Most recently, in the last quarter of 2020, gettgo has added health and life insurance products to respond to the increasing trends of health over the past few years.

Contact Corporate Communication Department

Mr. Chakrit Senkhao

Chakrit.se@gettgo.com

(+66) 65-965-3795

Published : September 07, 2021

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https://www.nationthailand.com/business/40005813

Positive sentiment gives SET a boost

The Stock Exchange of Thailand (SET) Index rose by 5.26 points, or 0.32 per cent, to 1,653.63 on Tuesday morning, witnessing a high of 1,655.30 and a low of 1,651.83 in opening trade.

The SET Index closed at 1,648.37 on Monday, down 1.96 points or 0.12 per cent. Transactions totalled THB78.32 billion with an index high of 1,655.04 and a low of 1,644.56.

Krungsri Securities forecast the index on Tuesday would fluctuate between 1,640 and 1,660 points despite reports that the government may suspend the emergency decree as domestic Covid-19 infections continue to decline.

It added that the index also gained positive sentiment after the Federation of Thai Capital Market Organisations reported that investor confidence index in the next three months had risen by 124.3 per cent to 144.37 points.

However, it advised investors to beware of mass sell-offs of shares in response to signs of overbought stocks and foreign funds outflows.

It also recommended buying of the following companies’ shares as an investment strategy:

▪︎ AOT, KBANK, BBL, CPN, CRC, HMPRO, AAV, BA, MINT, AMATA and WHA, which benefit from the country’s reopening.

▪︎ BANPU, LANNA, CKP, GPSC, GULF, BCPG, BCH, CHG, BDMS, KCE, TU and EPG, whose third-quarter profit is expected to rise.

Related stories:

• Baht expected to move sideways as investors await clarity on various issues
• Gold advances in opening trade
• SET down slightly amid signs of overbought stocks

Published : September 07, 2021

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https://www.nationthailand.com/business/40005814

Gold advances in opening trade

The price of gold rose by THB50 in morning trade on Tuesday.

AGold Traders Association report at 9.25am said the buying price of a gold bar was THB28,000 per baht weight and selling price THB28,100, while gold ornaments cost THB27,500.24 and THB28,600, respectively.

At close on Monday, the buying price of a gold bar was THB27,950 per baht weight and selling price THB28,050, while gold ornaments cost THB27,439.60 and THB28,550, respectively.
 

Related news:

• Investments in EEC expected to help economy grow 5 per cent
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• Baht expected to move sideways as investors await clarity on various issues

Published : September 07, 2021

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https://www.nationthailand.com/business/40005809

Baht expected to move sideways as investors await clarity on various issues

The baht opened at 32.50 to the US dollar on Tuesday, weakening from Monday’s closing rate of 32.45.

The Thai currency is likely to move between 32.40 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool said.

Poon predicted that the baht would drift sideways in the short term. Investors are waiting for many new factors, especially the Covid-19 situation in the country, which had led to many foreigners selling Thai assets — stocks and bonds.

Investors are waiting for the European Central Bank’s meeting, as it might signal a decrease in quantitive easing (QE), which will affect the currency. Currently, the trend of the euro and dollar are not clear yet.

Poon added that the International Monetary Fund is disbursing US$650 billion to help members under which Thailand will get $4.4 billion (THB130 billion) as special drawing rights. He said investors should speculate how the government and the Bank of Thailand would use the funds to support the economy and solve the Covid-19 situation.

Related News

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Uncertainties loom despite the bahts recent gains

Lockdown easing, hopes of economic recovery likely to bolster baht

He recommended that investors use various hedging tools if they feel uncertain about the direction of the currency.

Published : September 07, 2021

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https://www.nationthailand.com/business/40005785

SET down slightly amid signs of overbought stocks

The Stock Exchange of Thailand (SET) Index closed at 1,648.37 on Monday, down 1.96 points or 0.12 per cent. Transactions totalled THB78.32 billion with an index high of 1,655.04 and a low of 1,644.56.

In the morning session, Krungsri Securities forecast Monday’s index would fluctuate between 1,640 and 1,660 points amid positive and negative sentiments.

It said the index gained positive sentiment from the government easing lockdown restrictions as domestic Covid-19 infections continued to decline. Also, the censure debate targeting government ministers had gone smoothly.

However, it advised investors to beware of mass sell-offs of shares in response to lower-than-expected US non-farm payrolls and signs of overbought stocks.

The 10 stocks with the highest trade value today were BANPU, GULF, CPALL, DELTA, SCGP, U, ADVANC, SUPER, B and PTT.

Related stories:
Mixed sentiments pull SET down at the start of the week
Baht opens the week stronger against the dollar
Gold price rises in the morning trade

Other Asian indices were up with one exception:

Japan’s Nikkei Index closed at 29,659.89, up 531.78 points or 1.83 per cent.

China’s Shanghai SE Composite Index closed at 3,621.86, up 40.12 points or 1.12 per cent, while the Shenzhen SE Component Index closed at 14,546.60, up 366.74 points or 2.59 per cent.

Hong Kong’s Hang Seng Index closed at 26,163.63, up 261.64 points or 1.01 per cent.

South Korea’s KOSPI closed at 3,203.33, up 2.27 points or 0.071 per cent.

Taiwan’s TAIEX closed at 17,495.30, down 21.62 points or 0.12 per cent.

Published : September 06, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40005768

Gold price rises in the morning trade

The price of gold rose by THB150 in morning trade on Monday.

AGold Traders Association report at 9.22am said the buying price of a gold bar was THB28,000 per baht weight and selling price THB28,100, while gold ornaments cost THB27,500.24 and THB28,600, respectively.

At close on Friday, the buying price of a gold bar was THB27,850 per baht weight and selling price THB27,950, while gold ornaments cost THB27,348.64 and THB28,450, respectively.

Related news:

• Baht opens the week stronger against the dollar
• BoI’s Asean investment framework gets Cabinet okay
• Investors are placing big bets on a growing space economy – but can they reach orbit?

Published : September 06, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40005766

Mixed sentiments pull SET down at the start of the week

The Stock Exchange of Thailand (SET) Index fell by 2.23 points, or 0.14 per cent, to 1,648.10 on Monday morning, witnessing a high of 1,655.04 and a low of 1,648.10 in opening trade.

The SET Index closed at 1,650.33 on Friday, up 2.58 points or 0.16 per cent. Transactions totalled THB78.70 billion with an index high of 1,657.79 and a low of 1,644.12.

Krungsri Securities forecast the index on Monday would fluctuate between 1,640 and 1,660 points amid positive and negative sentiments.

It said the index gained positive sentiment from the government easing lockdown, as domestic Covid-19 infections continued to decline. Also, the censure debate on government ministers had gone smoothly.

However, it advised investors to beware of mass sell-offs of shares in response to lower-than-expected US non-farm payrolls and signs of overbought stocks.

Related stories:

• Baht opens the week stronger against the dolla
• Gold price rises in the morning trade
• SET up slightly amid signs of global recovery

It also recommended the buying of the following companies’ shares as an investment strategy:

▪︎ AOT, KBANK, BBL, CPN, CRC, HMPRO, AAV, BA, MINT, AMATA and WHA, which benefit from the country’s reopening.

▪︎ BANPU, LANNA, CKP, GPSC, GULF, BCPG, BCH, CHG, BDMS, KCE, TU and EPG, whose third-quarter profit is expected to rise.

Published : September 06, 2021

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40005763

Baht opens the week stronger against the dollar

The baht opened at 32.46 to the US dollar on Monday, strengthening from last week’s closing rate of 32.62.

The Thai currency is likely to move between 32.35 and 32.55 during the day and between 32.25 and 32.75 this week, Krungthai Bank market strategist Poon Panichpibool said.

Poon predicted that the baht would drift sideways in the short term. Foreign investors are keeping an eye on the Covid-19 situation in the country after the easing of lockdown measures, before adjusting their possession of Thai assets.

The dollar could be supported by the US Federal Reserve’s move to reduce quantitative easing (QE). The dollar weakened after US employment data was worse than expected.

If the European Central Bank signals to decrease QE, the euro will strengthen and weaken the dollar.

Related News

Uncertainties loom despite the bahts recent gains

Lockdown easing, hopes of economic recovery likely to bolster baht

Baht likely to strengthen after lockdown easing, but could weaken if new wave hits: market strategist

Poon added that the key resistance level of the baht was 32.80 to the dollar, which is the level at which exporters might sell the US currency.

Meanwhile the key support level of the baht was 32.80 to the US dollar, the level that some importers are waiting for to buy the dollar.

Published : September 06, 2021