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BUSINESS

Economists wary of people’s council

Business, Nanchanok Wongsamuth, Published on 12/02/2014

» An appointed government proposed by protesters as a “people's council” could worsen Thailand's chronic corruption problems, economists have warned.

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BUSINESS

Rice payments harry academics

Business, Wichit Chantanusornsiri, Published on 12/02/2014

» The Constitution Court should rule the caretaker government's borrowing to pay farmers who pledged their paddy ahead of parliament dissolution on Dec 9 is legitimate to end the payment deadlock, says an honorary economist at the Thailand Development Research Institute.

TECH

TV winners facing loan problems

Business, Published on 12/02/2014

» Some digital-TV winners may face difficulties obtaining bank guarantees and loans to fund their operations.

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BUSINESS

Arrow points to low-key Valentine's Day

Business, Phusadee Arunmas, Published on 12/02/2014

» Valentine's Day spending will see its lowest level in eight years, reflecting consumer caution over the prolonged political unrest and its effect on the Thai economy, according to one poll.

BUSINESS

Commerce minister hits back

Business, Post Reporters, Published on 12/02/2014

» The caretaker cabinet yesterday gave the nod to using the state’s central budget of 712 million baht to pay farmers for rice pledged under the current main crop, but a green light by the Election Commission (EC) is still needed, says a key official.

BUSINESS

World Bank forecasts GDP growth of 4%

Business, Pathom Sangwongwanich, Published on 12/02/2014

» Thailand’s gross domestic product (GDP) growth is projected at 4% this year on the back of export recovery and continued high foreign direct investment (FDI), but the downside risks to the growth forecast will increase if the political impasse continues into the second half of 2014, says the World Bank.

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BUSINESS

Protests shade rooftop plan

Business, Yuthana Praiwan, Published on 12/02/2014

» The prolonged political unrest has delayed the government's project to install solar rooftops at over 750 state hospitals and vocational schools nationwide for free, says the Alternative Energy Development and Efficiency Department.

BUSINESS

Tough year ahead for Southeast Asia

Business, Post Reporters, Published on 12/02/2014

» Banks in most Southeast Asian countries will face tougher operating conditions this year due to lower economic growth prospects and tighter credit conditions, says a report by Standard & Poor's (S&P).

BUSINESS

A fresh take on business planning

Business, Barry Elliott, Published on 12/02/2014

» We continue in our work with clients to introduce what is increasingly referred to as integrated business planning (IBP). While the concepts, principles and practices are evolving continuously, people have clearly moved away from using the more traditional labels such as sales and operations planning (S&OP) and integrated business management to get a fresh take and to get away from the baggage that comes with the older terms.

BUSINESS

Asset managers advise looking abroad

Business, Nuntawun Polkuamdee, Published on 12/02/2014

» Thai investors are advised to allocate 30% of their portfolio to international investment, with Europe and East Asia the main destinations amid mounting political uncertainty at home, says TMB Asset Management (TMBAM).