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BUSINESS

Workers face increasing debts

Business, Phusadee Arunmas, Published on 25/04/2014

» The quality of life of Thai workers is the worst in six years, as the economic slowdown and higher cost of living have resulted in inadequate income to cover higher expenses, leading many of them to rely on unorganised loans.

BUSINESS

M Link completes major restructuring

Business, Komsan Tortermvasana, Published on 25/04/2014

» M Link Asia Corporation, a handset and mobile accessories distribution firm, is resuming its aggressive business activities and planning a major comeback in the highly competitive market after completing its major shareholding restructure.

BUSINESS

Collection expected to miss target

Business, Wichit Chantanusornsiri, Published on 25/04/2014

» The government’s revenue collection for the 2014 fiscal year is expected to fall at least 50 billion baht short of its target due largely to the faltering economy and overestimated excise diesel tax, an informed source at the Finance Ministry said.

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BUSINESS

BECL forecasts 15% net profit uptick

Business, Nuntawun Polkuamdee, Published on 25/04/2014

» The SET-listed Bangkok Expressway (BECL) expects 15% net profit growth this year thanks to a 4% increase in revenue and higher contributions from its associated companies.

BUSINESS

No degree, no problem: Follow the road to riches

Business, Tientip Subhanij, Published on 25/04/2014

» This is probably one of the hottest months we have experienced and my electricity bill is rising rapidly with the temperature. In fact, I seem to have had a lot of expenses lately, especially paying for services of non-college workers.

BUSINESS

Sawad seeks B1.73bn from IPO

Business, Darana Chudasri, Published on 25/04/2014

» Srisawad Power 1979 (Sawad), a car title lender, will raise 1.73 billion baht in fresh funds from earmarking 250 million shares to the public to capitalise on the sizzling initial public offering (IPO) market.

BUSINESS

Yuan plays greater trade role

Business, Somruedi Banchongduang, Published on 25/04/2014

» The yuan is expected to play a greater role in trade settlement with half of China's trade with emerging markets amounting to US$2 trillion by 2015, says a senior HSBC official.

BUSINESS

Inet splashes B1bn for data centre

Business, Suchit Leesa-nguansuk, Published on 25/04/2014

» The SET-listed Internet Thailand (INET) earmarked 1 billion baht for the construction of its third data centre outside Bangkok next year to capitalise on increasing enterprise demand for multi-site facilities.

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BUSINESS

TCL thinks big in Thai expansion

Business, Pitsinee Jitpleecheep, Published on 25/04/2014

» TCL Electronics (Thailand) Co, the local unit of one of China's largest consumer electronics enterprises, has set an ambitious goal for sales of 12 billion baht this year as it celebrates 10 years of being in Thailand.

BUSINESS

TAI chief calls for B8bn regional testing centre

Business, Piyachart Maikaew, Published on 25/04/2014

» The Thailand Automotive Institute (TAI) has reiterated its call for government investment to help set up the long-delayed automotive testing centre.