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BUSINESS

BoT: Policy interest rate will remain low for now

Business, Pathom Sangwongwanich, Published on 13/02/2014

» The central bank’s policy interest rate is expected to remain at a low level in the short term to accommodate economic growth during an expected slow recovery.

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BUSINESS

Digital gifts for lovers, on a shoestring

Business, Suchit Leesa-nguansuk, Published on 13/02/2014

» While many think that Valentine's Day surprises and gifts for loved ones need to be expensive, here are some creative digital gift ideas to help you make this romantic day special — and they can be easily obtained for very little money or even free of charge.

BUSINESS

Licence winners make B11.9bn payment to NBTC

Business, Saengwit Kewaleewongsatorn, Published on 13/02/2014

» All 24 digital-TV licence winners successfully made their first licence payment of 50% of the reserve price and a 10% surplus for a total of 11.943 billion baht yesterday.

BUSINESS

Overwhelming response to rice sale

Business, Phusadee Arunmas, Published on 13/02/2014

» The government's latest effort to sell its rice stocks has drawn an overwhelming response from interested bidders, with 18 potential buyers yesterday submitting their bids to buy 467,623 tonnes in a tender offer.

BUSINESS

KBank helps hard-hit SME clients

Business, Somruedi Banchongduang, Published on 13/02/2014

» Kasikornbank (KBank) is providing financial assistance that includes a 2% interest-rate reduction for politically hit sectors, particularly small and medium-sized enterprises (SMEs) in the tourism and hospitality industries.

BUSINESS

TOP to launch projects in Myanmar and Indonesia

Business, Yuthana Praiwan, Published on 13/02/2014

» Thaioil Plc (TOP), Thailand’s largest oil refiner, hopes to get the green light for its petroleum and petrochemical projects in Myanmar and Indonesia this year as the SET-listed company has prepared US$1 billion for investments in both countries.

BUSINESS

BAM aims to expand its portfolio

Business, Somruedi Banchongduang, Published on 13/02/2014

» Bangkok Commercial Asset Management (BAM), the country’s largest asset management company, will expand its unsecured bad-loan management business if its pilot project for managing credit card and personal bad credit it recently bought from Thanachart Bank proves a success.

BUSINESS

Apple Wealth charts meteoric rise, SET listing

Business, Nuntawun Polkuamdee, Published on 13/02/2014

» Apple Wealth Securities, in which a nephew of leading politician Sudarat Keyuraphan owns a majority stake, plans to join hands with Tune Insurance Malaysia Bhd to take over Osotspa Insurance, which is a small insurer in the consumer conglomerate Osotspa's umbrella.

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BUSINESS

SCCC posts 32% profit gain on rising demand

Business, Post Reporters, Published on 13/02/2014

» The SET-listed Siam City Cement Plc (SCCC), Thailand's second-largest cement producer, posted a 32% increase in net profit in 2013 to nearly 4.8 billion baht thanks to solid demand for cement and other construction materials.

BUSINESS

32% surge in number of advisers

Business, Published on 13/02/2014

» The number of certificated Thai financial advisers has surged 32%, the third-fastest growth among the Financial Planning Standards Board's (FPSB) 25 member countries, to 111 as of Dec 31, says the Thai Financial Planners Association (TFPA).