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BUSINESS

TOT secures 4G nod after legal tussle

Business, Published on 16/03/2017

» The regulator has at last endorsed a plan to allow TOT Plc to launch fourth-generation (4G) wireless broadband service through a partnership with private companies.

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BUSINESS

Student start-up gets deal to build city cars

Business, Associated Press, Published on 16/03/2017

» LUND, Sweden: A group of Swedish university students that raised €1.2 million ($1.3 million) in crowdfunding for their start-up to build electric cars has caught the attention of German industrial heavyweight Siemens AG.

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BUSINESS

Phone-only bank gains popularity

Business, Reuters, Published on 16/03/2017

» FRANKFURT: German smartphone-only bank N26 said yesterday that the number of customers using its online accounts rose to more than 300,000, tripling in size from a year ago, as the company marks progress as a pioneer in pan-European banking for mobile phone users.

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BUSINESS

Mexico offers zero tariff for rice import

Business, Phusadee Arunmas, Published on 16/03/2017

» Thailand is expected to export 10,000 tonnes of long-grain white rice to Mexico soon after receiving a free import tariff quota from the Mexican government, says Commerce Minister Apiradi Tantraporn.

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BUSINESS

IAA to cover unpopular stocks

Business, Darana Chudasri, Published on 16/03/2017

» Investment Analysts Association (IAA) has asked stock regulators to earmark some budget to the association to conduct analysis reports on all the stocks in the Thai market, its chairman says.

BUSINESS

Power struggle intensifies at IFEC

Business, Nuntawun Polkuamdee, Published on 16/03/2017

» A tug-of-war among major shareholders of Inter Far East Energy Corporation Plc (IFEC), a SET-listed renewable power company, has continued after some board members, along with the shareholder they represent, walked out of a meeting yesterday.

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BUSINESS

Management shake-up at NMG as three step down

Business, Post Reporters, Published on 16/03/2017

» Three top executives at Nation Multimedia Group Plc (NMG) resigned yesterday to pave the way for changes at the company's board and possible management control by Keeree Kanjanapas, a major shareholder of BTS Group Holdings Plc.

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BUSINESS

CP to open Khon Kaen convention centre

Business, Kanana Katharangsiporn, Published on 16/03/2017

» CP Land Plc, the property arm of Charoen Pokphand Group, will open a convention centre in Khon Kaen by the end of this year to tap strong demand in the meetings, incentives, conferences and exhibitions (Mice) sector in the Northeast and neighbouring countries.

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BUSINESS

Rolls-Royce sunny on sales as millionaire ranks swell

Business, Piyachart Maikaew, Published on 16/03/2017

» UK-based luxury carmaker Rolls-Royce Motor Cars is upbeat on its sales prospects in Thailand with the rising number of Thai millionaires.

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BUSINESS

Thai residential CCTV market surges

Business, Komsan Tortermvasana, Published on 16/03/2017

» The market for closed-circuit television (CCTV) equipment for Thai households will continue growing by 30-40% this year, outpacing the average 8% annual growth rate for traditional CCTV systems in the enterprise segment.