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BUSINESS

Ombudsman to petition premier for paraquat ban

News, Post Reporters, Published on 14/09/2019

» The Ombudsman plans to petition Prime Minister Prayut Chan-o-cha to impose a ban on the farming chemical paraquat, starting from early next year.

BUSINESS

OIC tries to help insurers offset poor bond yields

Business, Darana Chudasri, Published on 14/09/2019

» The Office of the Insurance Commission (OIC) wants to ease the liability adequacy test (LAT) calculation for life insurance companies to alleviate the impact from falling bond yields on businesses.

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BUSINESS

Noble joins Hongkong Land on luxe condo

Business, Kanana Katharangsiporn, Published on 14/09/2019

» SET-listed Noble Development Plc is partnering with Hong Kong-based property investment group Hongkong Land Ltd to develop a luxury condominium on Wireless Road and capitalise on the latter's new mixed-use project at the old British embassy site.

BUSINESS

CLMVT touted as global value chain

Business, Phusadee Arunmas, Published on 14/09/2019

» The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world's economic uncertainties.

BUSINESS

SEC files charges against Solaris execs

Business, Published on 14/09/2019

» The Securities and Exchange Commission (SEC) has filed charges against the former managing director and chairman of Solaris Asset Management with the Department of Special Investigation on grounds of dishonesty and seeking to benefit from approving mutual fund investment in bills of exchange (B/Es).

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BUSINESS

DTAC, Depa offer online safety tips

Business, Komsan Tortermvasana, Published on 14/09/2019

» Total Access Communication (DTAC), in partnership with parent Telenor Group and the Digital Economy Promotion Agency (Depa), yesterday launched an interactive website, SafeInternetForKid.com, to help children stay safe online.

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BUSINESS

TCC submits business support schemes

Business, Wichit Chantanusornsiri, Published on 14/09/2019

» The Thai Chamber of Commerce (TCC) has proposed a raft of measures, including establishing permanent downtown value-added tax (VAT) refund points and a public-private committee tasked with solving taxation problems and regulatory obstacles, in order to facilitate business and drive the country's economic growth.

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BUSINESS

Line's new boss wields skills mix to tackle agenda

Business, Suchit Leesa-nguansuk, Published on 14/09/2019

» Despite having no entrenched experience in sales and marketing, Phichet Rerkpreecha has proved himself through management skills and government affairs tasks, recently earning the top job at one of Thailand's most popular communications companies: Line Thailand.

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BUSINESS

Tourism lures get creative

Business, Dusida Worrachaddejchai, Published on 14/09/2019

» Tourism and Sports Minister Phiphat Ratchakitprakarn has come up with a series of marketing plans aimed at luring foreign arrivals and speeding up the tourism industry's rebound.

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BUSINESS

Most EPS forecasts revised downward

Business, Published on 14/09/2019

» We have cut our earnings per share (EPS) forecasts for 2019 and 2020 after the Stock Exchange of Thailand reported second-quarter EPS of 20.53 baht, well below our expectations of 23.30 baht, as well as a string of earnings downgrades for stocks under (and outside) Tisco's coverage.