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BUSINESS

Betagro opens sausage plant

Business, Post Reporters, Published on 17/03/2012

» Betagro Group, one of Thailand's agribusiness leaders, projects revenue growth of 13% to 68 billion baht this year.

BUSINESS

Restaurateurs asked to keep price increases reasonable

Business, Post Reporters, Published on 16/03/2012

» Restaurant operators are being urged to increase their food prices by a small margin of 6-8 baht a dish to reflect real costs rather than jumping 10-20 baht per item.

BUSINESS

Farm economy sags 1.5% in Q1 as flood woe lingers

Business, Post Reporters, Published on 28/03/2012

» Thailand's agricultural economy contracted by 1.5% year-on-year in the first quarter as a result of last year's floods.

BUSINESS

G Steel seals deal with creditors

Business, Post Reporters, Published on 28/03/2012

» The SET-listed G Steel Plc (GSTEEL) has reached an agreement with its trade creditors to restructure its 29.4-billion-baht debt partly through a debt-to-equity conversion.

BUSINESS

Central Bank denies 0.55% rumour

Business, Post Reporters, Published on 17/01/2012

» The new rate to be levied on banks' deposit bases in fulfilment of a mandate for paying off the liabilities of the financial bailout fund has not yet been determined, but a rate is expected this week, says Prasarn Trairatvorakul, the Bank of Thailand governor.

BUSINESS

Outcry over likely rise in deposit fees

Business, Post Reporters, Published on 20/01/2012

» Local banks say a move to shift the burden for paying down 1.14 trillion baht in debt carried over from the 1997 crisis is unfair and could jeopardise the country's long-term stability.

BUSINESS

Thai Re agrees to sell 21% stake to Fairfax

Business, Post Reporters, Published on 20/01/2012

» The SET-listed Thai Reinsurance Plc (Thai Re) has agreed to sell a 21% stake to Fairfax Financial Holdings Ltd, a financial-services holding company based in Toronto.

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BUSINESS

Kittiratt says planned PTT, THAI sell-offs not urgent

Business, Post Reporters, Published on 24/01/2012

» The plan to reduce the Finance Ministry's shareholding in PTT and Thai Airways International (THAI) may not take place this year in order to ensure the public understands the policy, says Kittiratt Na-Ranong, deputy prime minister and finance minister.