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BUSINESS

Stock release may hit prices

Business, Phusadee Arunmas, Published on 27/02/2014

» The caretaker government's plans to step up disposal of its massive rice stockpiles to raise funds to pay farmers are expected to put mounting pressure on global and Thai rice prices.

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BUSINESS

Labour unions block funding attempt

Business, Published on 27/02/2014

» The caretaker government’s push for state enterprises to join a bid for promissory notes from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to raise funds to pay rice farmers has hit a wall after the plan was strongly opposed by labour unions.

BUSINESS

BAAC still forging ahead with B20bn note bid

Business, Wichit Chantanusornsiri, Published on 27/02/2014

» A bid on the first batch of promissory notes worth 20 billion baht from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to enable payments to rice farmers remains on track today despite the looming risk of collapse, with some state enterprises reluctant to participate in the caretaker government’s latest fundraising plan.

TECH

NBTC panel outlines coupon plan

Business, Saengwit Kewaleewongsatorn, Published on 27/02/2014

» The National Broadcasting and Telecommunications Commission (NBTC) yesterday outlined a plan to distribute digital-TV subsidy coupons to 22 million Thai households starting from April 1.

BUSINESS

PTT ploughs $3.3bn into Myanmar

Business, Nareerat Wiriyapong, Published on 27/02/2014

» PTT Exploration and Production (PTTEP), Thailand’s only publicly-listed upstream petroleum company, is set to spend US$3.3 billion in Myanmar over the next five years.

BUSINESS

AEC Securities hones focus on investment banking

Business, Published on 27/02/2014

» AEC Securities, renamed from United Securities, plans to focus on investment banking rather than brokering, a strategy it expects will set it apart from its industry peers.

BUSINESS

Low-rise strategy at Thanapat

Business, Kanana Katharangsiporn, Published on 27/02/2014

» Thanapat Property Development Plc plans to launch two new townhouse projects worth a combined 800 million baht, but it will freeze new condo launches if the political stalemate is not resolved by the end of April.

BUSINESS

Bangchak to issue up to B8bn bonds

Business, Nanchanok Wongsamuth, Published on 27/02/2014

» The state majority-owned Bangchak Petroleum Plc (BCP) will issue 5-8 billion baht worth of debentures in the second quarter of the year to finance its investments.

BUSINESS

Sri Ayudhya wants larger cut of Allianz

Business, Pathom Sangwongwanich, Published on 27/02/2014

» Sri Ayudhya Capital (AYUD), an insurance holding firm, wants an additional stake in Allianz Ayudhya Assurance to become the largest shareholder and enhance its management.

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BUSINESS

It's a buyers' market in Hua Hin

Business, Published on 27/02/2014

» With a large number of condominium units available in Hua Hin and Cha-am, property consultant Colliers International Thailand suggests buyers take their time to compare before choosing a suitable one.