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BUSINESS

New THAI boss envisions turnaround

Business, Chatrudee Theparat, Published on 09/10/2018

» Sumeth Damrongchaitham, 53, was officially appointed last month as president of Thai Airways International Plc (THAI).

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BUSINESS

Finance Ministry to hold 99% of IBank

Business, Chatrudee Theparat, Published on 31/05/2018

» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

BUSINESS

Undersea cable plan axed

Business, Published on 17/09/2016

» The government has finally ordered the termination of the 5-billion-baht national submarine cable construction project after clearly proving that it violates the Budget Bureau's procurement rules.

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THAILAND

Prajin draws praise as ICT pick

Business, Komsan Tortermvasana, Published on 14/09/2016

» The private and public sectors on Tuesday hailed the cabinet's approval of Deputy Prime Minister Prajin Juntong as acting minister of the Information and Communication Technology (ICT) Ministry, saying he is the best person for the post during the current transition period.

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BUSINESS

Stocks Gain as US job market roars back

Business, Nuntawun Polkuamdee, Published on 09/11/2015

» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.

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BUSINESS

Uttama urges TOT, CAT reform

Business, Komsan Tortermvasana, Published on 12/10/2015

» The two telecom state enterprises must seriously reform themselves into a network sharing provider by aggregating telecom assets and developing an infrastructure pool to generate a new revenue stream after the end of the concession era, says the ICT Minister.

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THAILAND

Somkid steers a steady course

Business, Post Reporters, Published on 24/08/2015

» The new economic team under Somkid Jatusripitak is not likely to make a dramatic change to the government's direction. 

THAILAND

Cheaper phone charges by March: NBTC

Published on 07/01/2015

» All mobile phone service providers will offer new promotional packages by March which will see callers charged on a per-second basis in a step which could overhaul the entire system in the future.

BUSINESS

AoT: Politicians need not apply for top job

Business, Boonsong Kositchotethana, Published on 14/10/2014

» Airports of Thailand Plc (AoT) began the process of seeking a new chief executive yesterday with the new prerequisites barring applicants with political affiliations.