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BUSINESS

Bid for SMC to buy non-banking mortgages

Business, Kanana Katharangsiporn, Published on 08/08/2017

» With banks' housing loan rejection rate still relatively high, the Thai Real Estate Association will ask the state-owned Secondary Mortgage Corporation (SMC) to buy mortgages from non-bank financial institutions to allow them to extend more loans to homebuyers.

BUSINESS

The Agent banks on foreign-led growth

Business, Kanana Katharangsiporn, Published on 08/08/2017

» The Agent (Property Expert) Co, a property brokerage subsidiary of SET-listed Ananda Development Plc, aims for sales growth of 15% to 9 billion baht this year, driven by foreign buyers.

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BUSINESS

Lawson 108 to pump out Susco branches

Business, Pitsinee Jitpleecheep, Published on 08/08/2017

» Saha Lawson Co, the local operator of Lawson 108 convenience stores, has awarded franchise rights for oil retailer Susco Plc to open Lawson stores at its new petrol stations this year.

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BUSINESS

Thai Union's Q2 earnings hit by rising tuna prices

Business, Post Reporters, Published on 08/08/2017

» SET-listed Thai Union Group Plc (TU), the world's biggest maker of canned tuna products, reported a net profit decline of 7.6% year-on-year in the second quarter on higher tuna prices and a significant rise in financial costs.

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THAILAND

Don Mueang sees growth in corporate jet traffic

Business, Boonsong Kositchotethana, Published on 08/08/2017

» Growth in traffic at Thailand's main hub for business aviation lived up to the sector's expectations in the first half.

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BUSINESS

Non-EEC investors crying foul

Business, Lamonphet Apisitniran, Published on 08/08/2017

» Strong government support for investment in the Eastern Economic Corridor is adversely impacting other industrial zones outside the EEC, investors say.

BUSINESS

ERC opens bids to buy power for state utilities

Business, Yuthana Praiwan, Published on 08/08/2017

» The Energy Regulatory Commission (ERC) announced yesterday that the bidding process for state utility contracts to buy power generated from renewable sources under power purchasing agreements (PPA) will open today and run until Aug 21.

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BUSINESS

Depa aims to curtail software slump

Business, Suchit Leesa-nguansuk, Published on 08/08/2017

» The software and service market in Thailand is expected to keep on declining in 2017-18 after its first contraction in a decade last year.

BUSINESS

TOA ready for SET listing in Q4

Business, Darana Chudasri, Published on 08/08/2017

» TOA Paint Thailand Plc will be the first paint company to list on the Stock Exchange of Thailand, scheduled for the fourth quarter of this year.

BUSINESS

Polaris in trouble over breach of SET codes

Business, Nuntawun Polkuamdee, Published on 08/08/2017

» Stock Exchange of Thailand (SET) president Kesara Manchusree says Polaris Capital Plc (POLAR) is facing a probe into a possible case of irregular management after the company failed to inform the public that it is under receivership by a court order.