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BUSINESS

Cannabis groups vow court over patents

News, Post Reporters, Published on 19/01/2019

» Advocacy groups supporting local medical cannabis development have vowed to bring the Department of Intellectual Property (DIP) to court over patent concerns.

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BUSINESS

SCB hikes SME loan top rate

Business, Somruedi Banchongduang, Published on 19/01/2019

» Siam Commercial Bank (SCB) has widened the ceiling rate on commercial loans to small business operators to 28% in a move to prepare for expanding to digital lending.

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BUSINESS

SEC punishes top BA shareholders

Business, Published on 19/01/2019

» The Securities and Exchange Commission (SEC) has imposed fines totalling 500 million baht against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation.

BUSINESS

Prime Steel predicts flat revenue

Business, Lamonphet Apisitniran, Published on 19/01/2019

» Prime Steel Mill Co, a Thai steel producer, expects 2019 revenue to stay flat at 10 billion baht, saying global steel prices are suffering from the US-Sino trade war.

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BUSINESS

L.P.N. taps middle- to upper-end segment

Business, Kanana Katharangsiporn, Published on 19/01/2019

» SET-listed L.P.N. Development Plc continues to tap the middle- to upper-end segment, planning to launch 16 projects worth a combined 20 billion baht and aiming to have presales growth of 10% to 16.5 billion baht by year-end.

BUSINESS

Brexit, US shutdown pressure developed markets

Business, Published on 19/01/2019

» Recap: The protracted Brexit saga and the US government shutdown continue to put pressure on US and European stock markets. Emerging stock markets could be beneficiaries as global funds readjust their risk strategy and reallocate capital to achieve higher returns.

BUSINESS

Digitising the baht is just a start

Business, Published on 19/01/2019

» When the Bank of Thailand initiated "Project Inthanon" back in August 2018, it was the talk of the town. One proposal in particular caught everyone's attention: digitisation of the baht, or the creation of a state-owned cryptocurrency called wholesale central bank digital currency (CBDC).

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BUSINESS

Thai banking's man of letters follows his heart

Business, Somruedi Banchongduang, Published on 19/01/2019

» Although Winyou Chaiyawan, chief executive of Thai Credit Retail Bank (TCRB), has a hectic schedule steering his family business amid fierce competition, he has never abandoned his passion for writing.

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BUSINESS

Philippine stocks lead region, SET up slightly

Published on 18/01/2019

» Southeast Asian stock markets rose on Friday, with Philippines hitting a nine-and-a-half-month closing high and the Stock Exchange of Thailand ending slightly higher.

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BUSINESS

China growth hit slowest pace in decades in 2018: AFP survey

AFP, Published on 18/01/2019

» BEIJING: China's economy grew at its slowest pace in almost three decades in 2018, analysts in an AFP poll said, as the government struggles to contain ballooning debt and a bruising trade war with the United States.