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BUSINESS

State hand in Thaicom's next satellite

Business, Komsan Tortermvasana, Published on 15/08/2017

» For the first time, the government will take partial control of the management and operation of a new satellite of Thaicom Plc in an effort to channel the benefits of the space economy to the general public.

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BUSINESS

CAT launches APG submarine cable system in response to higher traffic in asia-pacific region

Published on 09/12/2016

» CAT builds new submarine cable system, APG, supporting super high-speed data capacity as global content businesses are coming to Asia to build business foothold, resulting in constant high traffic. Demand of international bandwidth for Thailand in the next 3 years is expected to increase by 6 times. CAT Internet Gateway is also revealed to be the first in Thailand to be expanding the bandwidth with 100 Gbps. technology to build up confidence for growing customers.

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.

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.