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BUSINESS

Consumer confidence sinks

Business, Phusadee Arunmas, Published on 04/04/2014

» Consumer confidence will drop further to hit a 15-year low if no functioning government is installed in the second half of this year, warns the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

B.Grimm plots course for Asean

Business, Nareerat Wiriyapong, Published on 04/04/2014

» B.Grimm, one of Thailand's oldest conglomerates, is aggressively expanding its power business to Japan and across Asean to raise its revenue over 100 billion baht in eight years.

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BUSINESS

BoI expected to appoint board before Songkran

Business, Published on 04/04/2014

» The Board of Investment (BoI) is expected to function again by the third week of April following the cabinet's decision to officially appoint new board members before the long holiday begins, says caretaker Industry Minister Prasert Boonchaisuk.

BUSINESS

Central bank says growth stagnating

Business, Pathom Sangwongwanich, Published on 04/04/2014

» First-half economic growth may stagnate or decline from last year's fourth quarter on the slowdown in domestic economic activity, says a senior Bank of Thailand (BoT) official.

BUSINESS

KTIS to build more plants with IPO cash

Business, Nuntawun Polkuamdee, Published on 04/04/2014

» Kaset Thai International Sugar Corporation (KTIS), Thailand's third-largest sugar producer, plans to float 957.83 million initial public offering (IPO) shares from April 21-23 to raise funds for expansion.

BUSINESS

KBank cuts SME loan target

Business, Somruedi Banchongduang, Published on 04/04/2014

» Despite rising bad credit levels in almost all types of loans, franchise loans from Kasikornbank (KBank) have so far been free from turning sour thanks to strong support from franchisers.

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BUSINESS

Green tea captain gins up demand

Business, Darana Chudasri, Published on 04/04/2014

» Green-tea billionaire Tan Passakornnatee, who created his Ichitan brand image around his chubby face in a captain’s hat and entertaining sales promotions, again used marketing gimmicks to stoke demand in his company's initial public offering (IPO) shares in a bid to deliver a blockbuster hit to the stock.

BUSINESS

Ensogo set to boost customer base

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

» Ensogo, a Southeast Asian daily deal website, says it is resuming its aggressive marketing approach to try to more than double its customer base to 5 million this year after the company was taken over by an e-commerce company with strong financial health.

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BUSINESS

Online mart seeks windfall amid sluggish economy

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

» The country's sluggish economy has created a windfall opportunity for an online marketplace selling used items as people are unloading their unnecessary stuff for extra cash, says a global leading online classified website.

BUSINESS

Thailand’s credit rating: Once junk but never again despite political tensions

Business, Published on 04/04/2014

» The Constitutional Court sent shock waves through financial markets, again, when it nullified the Feb 2 election. Political implications aside, this looks bad for the economy.