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BUSINESS

OIE urges prudent usage

Business, Published on 03/04/2014

» Better water usage is required in the food industry to address water security as Thailand is among the world’s top 10 water-consuming countries, the Office of Industrial Economics (OIE) has warned.

BUSINESS

TOP sets aside $1.18bn for upgrades

Business, Yuthana Praiwan, Published on 03/04/2014

» SET-listed Thai Oil Plc (TOP), the country's largest oil refiner, plans to mobilise funds of US$1.18 billion over the next two years for finance its future investments.

BUSINESS

Volkswagen seeks to set up first plant in Thailand

Business, Published on 03/04/2014

» Volkswagen AG, Europe's largest car maker, has applied to set up its first plant in Thailand to help narrow the gap with Toyota Motor Corp in Southeast Asia, people familiar with the matter said.

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BUSINESS

GH Bank plans to cut NPLs below 6%

Business, Published on 03/04/2014

» State-owned GH Bank vows to cap its non-performing loans (NPLs) below 6% of outstanding loans by year-end despite NPL rates rising from 6.12% at the end of last year to 6.35% in February this year.

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BUSINESS

THAI flies into turbulence

Business, Published on 03/04/2014

» During dinner with Bangkok Post reporters in May 2001, Thaksin Shinawatra, then prime minister, said Thai Airways International's service "sucked" and if he were not a public figure, he would not fly with the national carrier.

TECH

Firms urged to adopt new IT trends

Business, Suchit Leesa-nguansuk, Published on 03/04/2014

» Mobility, big data analytics, cloud computing and service-oriented architecture are the four main information technology trends that will play a crucial part in helping local companies in the increasingly competitive market, says a leading IT training and research firm.

TECH

InTouch earmarks B1bn for three-year digital expansion

Business, Komsan Tortermvasana, Published on 03/04/2014

» InTouch Plc, formerly known as Shin Corp, plans to spend 1 billion baht over the next three years building its own digital broadcasting facility for delivering content through various digital communications platforms.

BUSINESS

Shipments of car parts expected to grow by 10%

Business, Piyachart Maikaew, Published on 03/04/2014

» Thailand's automotive parts shipments are expected to grow by 10% this year to US$13.18 billion, mainly boosted by the weak baht and accelerated exports by local manufacturers to stave off tepid demand at home.

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BUSINESS

TUF plans worldwide growth push

Business, Published on 03/04/2014

» SET-listed Thai Union Frozen Products Plc (TUF), the world's largest canned tuna company, is studying the South American market as part of a strategy to have global reach.

BUSINESS

Tesco launches Hyasong appliances

Business, Pitcha Sakmangkorn, Published on 03/04/2014

» Tesco, the UK-based hypermarket chain, has made big waves in Thailand’s 100 billion-baht electrical appliance business by offering its own brands at competitive prices to challenge products from Japan and South Korea.