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BUSINESS

The search for e-commerce talent in Asean

Business, Published on 17/01/2019

» When Google and Temasek undertook a study of the internet economy in Southeast Asia in 2017, they predicted it would be worth US$200 billion by 2025. In November last year, they revised that prediction upward to $240 billion to reflect the rapid rise of e-commerce, fuelled by demand for everything from vacation rentals to food delivery, subscription music and video on demand.

BUSINESS

Shinwa allots B3bn in part for low-rise close to Yellow Line

Business, Published on 17/01/2019

» Japanese developer Shinwa Real Estate (Thailand) plans to spend 3 billion baht in Thailand this year and aims to develop a pilot low-rise condominium project near the Yellow Line.

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BUSINESS

Firms urge haste on regulatory guillotine

Business, Lamonphet Apisitniran, Published on 17/01/2019

» Business operators are calling on the government to speed up the framework to reform the country's business regulations, as they suspect the plan may be incomplete.

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BUSINESS

Central eyes e-commerce top spot

Business, Pitsinee Jitpleecheep, Published on 17/01/2019

» Central Retail Corporation is ready for the e-commerce race, aiming to double its online sales to 10 billion baht this year.

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BUSINESS

Food delivery orders rising with haze

Business, Pitsinee Jitpleecheep, Published on 17/01/2019

» Restaurant chains and delivery companies have reaped a windfall from the ongoing haze, saying their food delivery services have skyrocketed as consumers in Bangkok opt to stay indoors, fearing poor air quality.

BUSINESS

Ministry gears up for amalgamation

Business, Wichit Chantanusornsiri, Published on 17/01/2019

» The Finance Ministry is gearing up for a fresh capital injection to retain its TMB Bank shareholding in the event that a proposed amalgamation of TMB and Thanachart Bank (TBank) comes to fruition.

BUSINESS

LH launching 16 house projects as condos flail

Business, Kanana Katharangsiporn, Published on 17/01/2019

» SET-listed developer Land & Houses Plc (LH) plans to launch 16 new projects worth a combined 30 billion baht in the low-rise segment as the economy is expected to be unfavourable and slow the condo market.

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BUSINESS

Raimon shifting to hotels, IVF ventures

Business, Kanana Katharangsiporn, Published on 17/01/2019

» With the Thai property market expected to continue slowing down, SET-listed developer Raimon Land Plc (RML) wants to diversify more to hotels and in-vitro fertilisation (IVF) ventures, with a combined investment of 5.3 billion baht.

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BUSINESS

SET index slightly gains, Philippine shares slump

Published on 16/01/2019

» The Stock Exchange of Thailand index slightly increased, while Philippine shares fell the most in 10 weeks on Wednesday, dragged by real estate stocks.

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BUSINESS

World Bank trims Thailand 2019 GDP growth to 3.8%

Reuters, Published on 16/01/2019

» The World Bank has trimmed its projection for Thailand's economic growth this year to 3.8% from 3.9% estimated earlier, due to a global slowdown and elevated trade tensions between the United States and China.