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BUSINESS

IRPC looking into related acquisitions

Business, Yuthana Praiwan, Published on 19/01/2018

» IRPC Plc, the petro­chem­i­cal arm of the national oil and gas con­glom­er­ate PTT Plc, is considering acquiring assets related to oil refineries and petrochemical production facilities.

BUSINESS

Regulator delays planned 850MHz bid

Business, Komsan Tortermvasana, Published on 19/01/2018

» The National Broadcasting and Telecommunications Commission (NBTC) will suspend the auction of 10MHz of bandwidth on the 850MHz spectrum (upload and download).

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BUSINESS

Seagull kitchenware set to turn up the heat

Business, Pitsinee Jitpleecheep, Published on 19/01/2018

» Thai Stainless Steel Co, the maker of Seagull utensils and kitchenware, is upbeat about revenue this year because of higher crop prices, the government's infrastructure investment, robust tourism and growing development of serviced apartments in major cities.

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BUSINESS

Veerathai: MPC to stand pat on rate

Business, Somruedi Banchongduang, Published on 19/01/2018

» Bank of Thailand chief Veerathai Santiprabhob signalled the Monetary Policy Committee (MPC) is likely to stand pat on the policy rate to support economic growth and help inflation climb back to its target range.

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BUSINESS

B20bn slated for digital plan

Business, Chatrudee Theparat, Published on 19/01/2018

» The government is set to invest 20 billion baht in infrastructure projects in fiscal 2018 as part of its ambitious digital development plan.

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BUSINESS

Amata plans B5bn in spending

Business, Lamonphet Apisitniran, Published on 19/01/2018

» SET-listed Amata Corporation Plc plans to spend 5 billion baht in 2018 for domestic operations and industrial estates abroad.

BUSINESS

Wage hike forecast to have small impact

Business, Published on 19/01/2018

» The government estimates a hike in the daily minimum wage will affect manufacturers' production costs by only 0.05%, saying there is no reason for product prices to rise.

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BUSINESS

State energy firms keep assets

Business, Yuthana Praiwan, Published on 19/01/2018

» State-controlled energy businesses will remain the backbone of the national energy infrastructure, says Energy Minister Siri Jirapongphun.

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BUSINESS

Siri Ventures plans to incubate proptech

Business, Kanana Katharangsiporn, Published on 19/01/2018

» Siri Ventures Co, the technology investment arm of SET-listed developer Sansiri Plc, plans to spend 1.5 billion baht over 2018-20 on property technology (proptech) to support the parent firm's residential development business.

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BUSINESS

Boston Market underscores CPF growth

Business, Published on 19/01/2018

» Charoen Pokphand Group (CPG) plans to expand its frozen food business in Asia by synergising its flagship food firm Charoen Pokphand Foods Plc (CPF) and CPF's wholly owned subsidiary, Bellisio Foods Inc.