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BUSINESS

KTC cutting costs under new leadership

Business, Somruedi Banchongduang, Published on 19/01/2012

» Krungthai Card (KTC) seeks to reduce its cost-to-income ratio to less than 40% by the end of next year from 46-48% now, with the aim of becoming No.1 in market share for credit cards by 2014.

BUSINESS

Thailand losing FDI share to neighbouring countries

Business, Somruedi Banchongduang, Published on 07/01/2012

» The government should complete its flood management plan in the first quarter in order to restore confidence among foreign investors quickly, as the country has been losing foreign direct investment (FDI) to Asean peers over the past five years, says the Kasikorn Research Centre (KResearch).