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  • BUSINESS

    Economy back on track

    Business, Published on 17/01/2018

    » Rising overseas demand for goods and services pushed Thailand's GDP to a five-year high in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018.

  • BUSINESS

    Jay Mart's takeover target

    Business, Komsan Tortermvasana, Published on 06/12/2017

    » SET-listed mobile distributor Jay Mart has announced plans to take over direct sales and consumer loan firm Singer Thailand by 2018 as it strives to strengthen its loan portfolio.

  • BUSINESS

    GSB aims for the top of mobile service segment

    Business, Published on 20/11/2017

    » As digital banking becomes the new battleground for banks to compete for customers, state-owned Government Savings Bank (GSB) has set its sights to be among the top three mobile banking service providers by number of users in the next two years and the largest in the next five years.

  • BUSINESS

    KTC chief forecasts tough 2018

    Business, Published on 11/10/2017

    » Krungthai Card expects earnings to splutter next year as the Bank of Thailand's tougher regulations on credit cards and personal loans, particularly the reduction of the ceiling interest rates for credit cards to 18% from 20%, take a bite out of KTC's income.

  • BUSINESS

    Adapt or die fighting the giants

    Business, Published on 25/09/2017

    » Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.

  • BUSINESS

    SET has best week of year as Pyongyang rattles investors

    Business, Published on 04/09/2017

    » Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

  • BUSINESS

    TCG to push for more help for SMEs

    Business, Published on 04/09/2017

    » The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.

  • BUSINESS

    Terror in Spain, turmoil in Washington dent stocks

    Business, Nuntawun Polkuamdee, Published on 21/08/2017

    » Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

  • BUSINESS

    EEP aims to list next year

    Business, Yuthana Praiwan, Published on 19/08/2017

    » Eastern Energy Plus Co (EEP), a local operator of waste-to-energy power plants in Samut Prakan, plans to list on the Stock Exchange of Thailand (SET) next year to raise funds for upgrading units in the province.

  • BUSINESS

    Stocks trade in narrow range as investors comb us data

    Business, Published on 07/08/2017

    » Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

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