Showing 1 - 10 of 227
BTS on the hunt for more hotel chains in Europe
Business, Pawee Sirimai, Published on 13/12/2017
» SET-listed BTS Group Holdings Plc (BTS) is mulling the acquisition of another hotel chain in Europe, worth up to 10 billion baht, to reinforce its global presence, says chairman Keeree Kanjanapas.
BoT optimistic 4% growth obtainable
Business, Pawee Sirimai, Published on 01/12/2017
» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.
BoT nears QAB deal with Malaysians
Business, Pawee Sirimai, Published on 29/11/2017
» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
Study: Use LTF tax credit, not deduction
Business, Pawee Sirimai, Published on 23/11/2017
» The Finance Ministry should replace tax deduction on investment in long-term equity funds (LTFs) with a tax credit that aims at reducing inequality and lowering the government's foregone revenue, says a local professor.
FIDF asks more of banks
Business, Pawee Sirimai, Published on 22/11/2017
» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.
Q3 growth of 3.7-4% forecast
Business, Pawee Sirimai, Published on 20/11/2017
» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.
BoT gives nod to inter-bank bill pay
Business, Pawee Sirimai, Published on 18/11/2017
» The Bank of Thailand has permitted banks to launch cross-bank bill payment through the PromptPay service, with lowered fees of up to five baht per transaction for those made online and at ATMs, while credit-card-based quick response (QR) code payment is expected to be introduced commercially by the first quarter of next year.
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
MTI testing new product for app that tracks driving risk
Business, Pawee Sirimai, Published on 15/11/2017
» Muang Thai Insurance Plc (MTI) will use its customers' driving behaviour data tracked on its new mobile application to determine car insurance premiums, starting from the third quarter of 2018.