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BUSINESS

KTB net profit takes mighty tumble

Business, Somruedi Banchongduang, Published on 23/01/2018

» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.

BUSINESS

Pattaya condo market pauses

Business, Published on 23/01/2018

» The Pattaya condominium market has been quite popular in the past seven years, especially between 2011 and 2013 when new unit launches were the highest in the history of the beach resort city in Chon Buri.

BUSINESS

How to use the tax treaty with Cambodia

Business, Published on 23/01/2018

» The new double-taxation agreement between Thailand and Cambodia officially took effect on Jan 1 for withholding tax and corporate income tax. The two countries only signed the agreement on Sept 7 last year but rushed to complete the ratification process on Dec 26. This super-fast track is a part of a consolidated strategic action plan for the Asean Economic Community (AEC) to support regional competitiveness.

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BUSINESS

Trump applies tariffs to solar panels, washing machines

Published on 23/01/2018

» WASHINGTON: President Donald Trump on Monday approved tariffs on imported solar-energy components and large washing machines in a bid to help US manufacturers.

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BUSINESS

Japan central bank keeps stimulus unchanged

Published on 23/01/2018

» The Bank of Japan (BoJ) on Tuesday maintained its massive monetary stimulus programme and kept its price and economic forecasts unchanged.