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BUSINESS

Sansiri raises land budget, capacity plans

Business, Kanana Katharangsiporn, Published on 06/07/2018

» SET-listed developer Sansiri Plc (SIRI) has raised its land investment budget and will spend 200 million baht to expand precast production capacity in the fourth quarter after low-priced townhouse presales in the first half tripled.

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BUSINESS

Cape Fahn to open on private island

Business, Suchat Sritama, Published on 06/07/2018

» Cape and Kantary Hotels plans to open its new property, Cape Fahn, next month on a private island close to Koh Samui.

BUSINESS

ERC to hold steady on electricity bill

Business, Yuthana Praiwan, Published on 06/07/2018

» The Energy Regulatory Commission (ERC) is maintaining its monthly electric bill during September to December at an average of 3.5966 baht per kilowatt-hour (unit) on the back of a stable fuel tariff (Ft) rate.

BUSINESS

Confidence improved in June

Business, Phusadee Arunmas, Published on 06/07/2018

» Consumer sentiment rose to its highest in six months in June, as Thais became less concerned about oil prices.

BUSINESS

BoI urged to use Competitiveness Fund

Business, Chatrudee Theparat, Published on 06/07/2018

» The government has ordered the Board of Investment (BoI) to speed up use of its 10-billion-baht Competitiveness Fund, which has been inactive despite being established a year ago.

BUSINESS

OIC eyes method to bolster risk management by 2019

Business, Darana Chudasri, Published on 06/07/2018

» The Office of the Insurance Commission (OIC) plans to implement an own risk and solvency assessment (ORSA) and revise the risk-based capital (RBC) rule to enhance risk management, expecting the change to come into effect by mid-2019.

BUSINESS

BAY to raise rate on mortgage demand

Business, Somruedi Banchongduang, Published on 06/07/2018

» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, plans to raise the interest rate of its introductory teaser rate mortgage by at least 25 basis points this half, following stronger housing loan demand in the first half.

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BUSINESS

SET staggers as trade wars kick off

Business, Nuntawun Polkuamdee, Published on 06/07/2018

» The Stock Exchange of Thailand (SET) suffered a steep plunge Thursday as another heavy sell-off was triggered by unrelenting fears over the Sino-US trade war, with the retaliatory tariffs between the two economic giants taking effect Friday.

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BUSINESS

Priceza spots Chinese tsunami

Business, Suchit Leesa-nguansuk, Published on 06/07/2018

» Intense competition from foreign e-commerce players has sparked a tsunami of cross-border products from China, making up nearly half of the local online market, says Priceza, a Southeast Asia price comparison website.

BUSINESS

Industry Ministry earmarks funds from 2019 for SME growth

Business, Lamonphet Apisitniran, Published on 06/07/2018

» The Industry Ministry is planning to allocate part of its 2019 budget starting in October as financial tools for small and medium-sized enterprises (SMEs) to expand their businesses at home and abroad.