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BUSINESS

Villa Kunalai “KUN” poised to launch MAI listing with 150 million-share IPO allocation

Published on 12/11/2019

» Property developer Villa Kunalai Public Company Limited (“KUN”), which operates under the “Kunalai” brand in Bang Bua Thong, Nonthaburi and Chachoengsao

BUSINESS

BAAC allots B100bn for smart farms

Business, Wichit Chantanusornsiri, Published on 12/11/2019

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to lend 100 billion baht in the next two years to expand the smart farmer model to 4,500 communities nationwide, its chief says.

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BUSINESS

Airbnb users splurge B6.8bn at eateries

Business, Published on 12/11/2019

» Airbnb guests in Thailand spent about 6.8 billion baht at cafes and restaurants last year.

BUSINESS

Fuel tariff to be frozen until April

Business, Yuthana Praiwan, Published on 12/11/2019

» The fuel tariff (Ft) rate will be frozen at 3.64 baht per kilowatt-hour for another four months from January to April next year, marking a 16-month period at the same rate, as the Energy Regulatory Commission (ERC) wants to avoid power prices burdening consumers during a sluggish economy.

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BUSINESS

BAY's blockchain assists cross-border funds transfers

Business, Published on 12/11/2019

» Bank of Ayudhya (BAY) has introduced a blockchain solution for transferring funds between Thailand and Laos, significantly reducing the time needed to make money transfers, to promote cross-border trade.

BUSINESS

SEC readies DLT development plan for CMDF board

Business, Darana Chudasri, Published on 12/11/2019

» The Securities and Exchange Commission (SEC) plans to present its development plan on distributed ledger technology (DLT) next week, then convey information to the Capital Market Development Fund (CMDF) board next month to seek project financing.

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BUSINESS

NBTC shelves dismantling 2G services

Business, Komsan Tortermvasana, Published on 12/11/2019

» The telecom regulator has backed away from the 2G mobile system shutdown planned for October 2019, saying the three major mobile operators are still willing to provide services to customers.

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BUSINESS

Golden Land keen for more mixed-use

Business, Kanana Katharangsiporn, Published on 12/11/2019

» After Samyan Mitrtown's completion, Golden Land Property Development, a subsidiary of SET-listed Frasers Property Thailand (FPT), is ready to handle the development of a new mixed-use project.

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BUSINESS

AoT reveals names of Don Mueang duty-free bidders

News, Thodsapol Hongtong, Published on 12/11/2019

» Airports of Thailand (AoT) has revealed that King Power and The Mall Group will compete to win the right to operate duty-free shops at Bangkok's Don Mueang airport.

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BUSINESS

Chakkrit enters THAI race

News, Thodsapol Hongtong, Published on 12/11/2019

» Deputy permanent secretary for finance Chakkrit Parapuntakul has been nominated to chair Thai Airways Plc's (THAI) executive board, in the hope he can lead the flag carrier out of its chronic financial distress.