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BUSINESS

Index, Ikea downbeat on prospects

Business, Pitsinee Jitpleecheep, Published on 17/06/2020

» Two furniture and home accessories chains, Index Living Mall and Ikea, are pessimistic about prospects in Thailand, citing weak consumption because of the coronavirus outbreak.

BUSINESS

Supalai: A few years for condo market recovery

Business, Kanana Katharangsiporn, Published on 17/06/2020

» The condo market will rebound in the next few years with buyers prioritising price performance amid the economic slowdown, says SET-listed developer Supalai.

BUSINESS

Cabinet OKs recruiting of new NBTC board members

Business, Komsan Tortermvasana, Published on 17/06/2020

» The cabinet on Tuesday approved the Digital Economy and Society (DES) Ministry's request to trigger the process of recruiting new board members of the National Broadcasting and Telecommunications Commission under the existing NBTC Act.

BUSINESS

Airlines await 'travel bubbles' for flights

Business, Dusida Worrachaddejchai, Published on 17/06/2020

» Airlines are eager to fly internationally again as soon as bilateral agreements between countries with low coronavirus risk are settled, as the aviation industry continues to struggle with unprecedented financial stagnation.

BUSINESS

Thailand's competitiveness ranking dips

Business, Suchit Leesa-nguansuk, Published on 17/06/2020

» Thailand has fallen four places to 29th in IMD's world competitiveness rankings for 2020, weighed down by a decline in rankings for economic performance and government efficiency.

BUSINESS

Four candidates submit governor applications

Business, Wichit Chantanusornsiri, Published on 17/06/2020

» There are four candidates to replace outgoing governor Veerathai Santiprabhob as the Bank of Thailand's 24th chief, says Rangsan Sriworasart, the selection committee chairman.

BUSINESS

Shareholder meetings substituted

Business, Pathom Sangwongwanich, Published on 18/06/2020

» The Securities and Exchange Commission's (SEC) board of directors has allowed SET-listed companies that have postponed annual shareholder meetings to submit this year's quarterly financial statements through appointed auditors approved by the regulator.

BUSINESS

Nippon reeling from virus

Business, Lamonphet Apisitniran, Published on 18/06/2020

» Nippon Paint Decorative Coatings (Thailand) Co, Asia's largest paint maker, is struggling to recover from the severe impact of Covid-19, which caused its revenue to dive by 10% in the first quarter this year.

BUSINESS

BoI adjusts farm perks to promote BCG economy

Business, Chatrudee Theparat, Published on 18/06/2020

» The Board of Investment (BoI) has approved adjusting investment privileges and conditions for agriculture categories to promote the bio, circular and green (BCG) economy.

BUSINESS

CRG rejigs business model to aid recovery

Business, Pitsinee Jitpleecheep, Published on 18/06/2020

» Central Restaurants Group Co (CRG), one of the country's leading quick-service restaurant (QSR) chains, has reset its business model in a recovery effort.