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BUSINESS

PTT seals Cove deal

Business, Yuthana Praiwan, Published on 02/08/2012

» PTT Exploration and Production Plc (PTTEP), Thailand's sole gas explorer, has finalised a deal to purchase the London-based Cove Energy Plc.

BUSINESS

BoI approves 16 projects

Business, Nanchanok Wongsamuth, Published on 02/08/2012

» Sixteen large industrial projects worth a combined 117 billion baht won Board of Investment (BoI) approval yesterday including proposals by big regional players Toyota, IRPC and PTT.

BUSINESS

Inflation tamed amid world slump, but EU crisis takes toll

Business, Published on 02/08/2012

» The annual inflation rate was 2.7% in July, reflecting the softening world economy and the effect of relief measures such as price controls and subsidies for low-income earners.

BUSINESS

Rice stockpile to be bid without price floor

Business, Phusadee Arunmas, Published on 02/08/2012

» The government will start selling its rice stockpile under this year's pledging programme without limits until the end of December, says Commerce Minister Boonsong Teriyapirom.

BUSINESS

KTB cuts state loan portfolio

Business, Somruedi Banchongduang, Published on 02/08/2012

» Krung Thai Bank (KTB) has reduced the proportion of government loans in its portfolio to 15% of total debt outstanding from 18% last year in favour of corporate and small loans.

BUSINESS

Honda moves big bikes here

Business, Santan Santivimolnat, Published on 02/08/2012

» Honda plans to shift production of some big bike models to Thailand to deal with the strong yen and high labour costs in Japan.

BUSINESS

Mice industry ponders future under AEC rules

Business, Chadamas Chinmaneevong, Published on 02/08/2012

» All Asean countries should synchronise their information to strengthen the Mice industry when the Asean Economic Community (AEC) kicks off in 2015.