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BUSINESS

Radio spectrum ranges to return to NBTC in April

Business, Komsan Tortermvasana, Published on 15/12/2016

» The telecom regulator has set a deadline of next April for 21 state agencies and enterprises to return a combined 537 radio spectrum ranges for reallocation.

BUSINESS

Verita opens outlet in MahaNakhon

Business, Pitsinee Jitpleecheep, Published on 15/12/2016

» Verita Healthcare Group, a leader in integrative healthcare, has teamed up with the owner of Pace Development Plc to open its first Asian healthcare centre in Bangkok.

BUSINESS

Thitikorn turns to overseas expansion

Business, Darana Chudasri, Published on 15/12/2016

» SET-listed Thitikorn Plc (TK), the country's largest motorcycle lender, is eyeing inorganic growth as a means to strengthen its foothold in seven Southeast Asian countries and drive overseas business to account for half of its outstanding loans by 2020.

BUSINESS

800 firms to issue audit on front page

Business, Nuntawun Polkuamdee, Published on 15/12/2016

» The Federation of Accounting Professions (FAP) estimates up to 800 listed companies will be required to comply with a new practice under the Thai Financial Reporting Standards (TFRS), forcing them to communicate key audit matters on the front page of companies' financial statements.

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BUSINESS

Retailers roll back prices to spur demand

Business, Phusadee Arunmas, Published on 15/12/2016

» Sixteen leading wholesalers and retailers are set to offer year-end discounts up to 80% on select items for 21 days starting today.

BUSINESS

Asahi Glass moves forward with B10bn Vinythai deal

Business, Post Reporters, Published on 15/12/2016

» Asahi Glass Co says it has begun the process of buying a 58.8% stake in chemical maker Vinythai (VNT), the SET-listed polyvinyl chloride producer and joint venture of Solvay and PTT Global Chemical Plc (PTTGC).

BUSINESS

Dasta wants decree for eight community clusters

Business, Nanat Suchiva, Published on 15/12/2016

» The Designated Areas for Sustainable Tourism Administration (Dasta) will ask the cabinet to pass a royal decree to establish eight tourism clusters and clarify designated areas to pave the way for future work.

BUSINESS

Tirathai eyes post-2017 revenue surge

Business, Yuthana Praiwan, Published on 15/12/2016

» SET-listed Tirathai Plc (TRT), a transformer manufacturer, expects to miss its 2017 revenue target of 3 billion baht, citing the persistent economic slowdown.

BUSINESS

Akara to halt Phichit work

Business, Apornrath Phoonphongphiphat, Published on 15/12/2016

» Akara Resources Plc, whose concession to run the Chatree gold mine in Phichit province expires at year-end, says it will suspend all mining activities from Jan 1 to comply with a Section 44 directive issued by the National Council for Peace and Order.

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BUSINESS

Lawsuit sparks Fox-Bangkok Bank war of words

Business, Published on 15/12/2016

» Bangkok Bank (BBL) is reportedly ready to pay Fox Networks Group Asia to comply with its obligations on two separate bank guarantees securing payments for distribution of Fox channels in Thailand by GMM Grammy Plc and CTH Plc, if Fox can prove its clients are violating the contracts.