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BUSINESS

Shippers forecast 5% growth in 2019

Business, Post Reporters, Published on 07/11/2018

» A shippers' group is maintaining its export growth forecast of 5% next year, much lower than the lofty 8% set by the Commerce Ministry, citing likely harm from the deepening trade row between the US and China and relatively low crop prices.

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THAILAND

'Taobao Village' model sought for poor

Business, Phusadee Arunmas, Published on 07/11/2018

» Thailand plans to apply the Taobao Village model to help tackle poverty and raise community income via e-commerce and digital technology.

BUSINESS

Sansiri-Standard tie-up to yield 3 projects

Business, Kanana Katharangsiporn, Published on 07/11/2018

» American hotel chain The Standard plans to expand to Phuket, Hua Hin and Bangkok's Thong Lor, with 150 rooms each, developing residences for sale at the two beach destinations after SET-listed developer Sansiri Plc invested US$58 million (1.9 billion baht) in the company last year.

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BUSINESS

Malls whipping up sale frenzy

Business, Pitsinee Jitpleecheep, Published on 07/11/2018

» Retailers are competing head-on to spur a shopping spree in the final two months of the year, with heavy marketing budgets pledged.

BUSINESS

Icora: Thailand can be a hub

Business, Darana Chudasri, Published on 07/11/2018

» Thailand has the potential to be a regional hub for digital currencies, with annual trading volume expected to grow by at least 500% over the next 1-3 years, driven by initiatives to regulate digital assets, says Icora Consultant.

BUSINESS

Bitkub prepares for variety

Business, Nuntawun Polkuamdee, Published on 07/11/2018

» Bitkub Capital Group Holdings Co, an integrated blockchain technology developer and digital asset company, aims to be the top digital asset trading exchange by next year's first half by boosting the trading value of digital assets through variety.

BUSINESS

KTB investing in long-term IT for new income sources

Business, Somruedi Banchongduang, Published on 07/11/2018

» Krungthai Bank (KTB) says its planned IT investment budget of 12 billion baht next year will take a bite out of net profit in the short run but should set a path for the bank to generate new income sources to sustain profitability over the long term.

BUSINESS

Channel 8 to add novel content for high season

Business, Published on 07/11/2018

» Channel 8 Digital TV aims to attract more viewers and increase ad revenue by adding more variety to its content and popular drama shows.

BUSINESS

JLL: Prime plots keen on long leases

Business, Published on 07/11/2018

» More private prime sites will become available in long leases for 30-50 years at high-demand locations around Bangkok, says property consultancy JLL.

BUSINESS

BBL assigning reserves against uncertainty

Business, Somruedi Banchongduang, Published on 07/11/2018

» Bangkok Bank (BBL), the country's largest lender by assets, plans to set aside additional reserves for credit losses next year as a cushion against future uncertainties, says executive chairman Deja Tulananda.