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BUSINESS

BAAC walks hat in hand

Business, Wichit Chantanusornsiri, Published on 22/04/2014

» The caretaker government is again desperately seeking fresh funds to pay its overdue debt to rice farmers, as 2-3 billion of the 20-billion-baht budget plus income from recent rice sales is expected to be paid out in the coming days.

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TECH

Tablets finally delivered

Business, Suchit Leesa-nguansuk, Published on 22/04/2014

» The first batch of tablets for the second phase of the government's One Tablet per Child scheme will start being delivered to Mathayom 1 students today after a 10-month delay, says a high-ranking source.

BUSINESS

Standard Chartered keeps 3.5% growth forecast for Thailand

Business, Pathom Sangwongwanich, Published on 22/04/2014

» Despite projecting a 1.4% quarter-on-quarter contraction in GDP in the first quarter, Standard Chartered Bank’s annual growth forecast for Thailand remains optimistic at 3.5% on hopes of a recovery in exports.

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BUSINESS

KTB offers bundled product

Business, Somruedi Banchongduang, Published on 22/04/2014

» Home loan customers of Krungthai Bank (KTB) will be allowed to make their instalment payments via Krungthai Card (KTC) credit cards, with lower interest rates charged and reward points on card spending. The offer is aimed at facilitating the bank's mortgage growth while expanding KTC's card business.

BUSINESS

Shares surge as Ichitan stages sizzling debut

Business, Darana Chudasri, Published on 22/04/2014

» Shares of Ichitan Group Plc surged 30.8% at one point on its opening trade yesterday, with investors clamouring for a piece of the thriving green tea market.

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BUSINESS

Dealing with losses from liquidating a subsidiary under the new regulation

Business, Lawalliance Limited Company, Published on 22/04/2014

» While most people were busy keeping up with the movements of the National Anti-Corruption Commission last month, there was one important development from the Revenue Department that could affect a number of group companies. Specifically, Regulation No. Por. 146/2014, issued by the director-general on March 18, disallows the write-off of investment losses by a parent company in a subsidiary in the course of the liquidation process.

TECH

Kantana plans Asean drive

Business, Nuntawun Polkuamdee, Published on 22/04/2014

» Kantana Group, the country's top TV content and film producer, plans to flex its muscles by spending nearly 10 billion baht to open 5,000 community cinemas in other Asean countries over the next five years.

BUSINESS

BoI seeks approval for projects worth B600bn

Business, Chatrudee Theparat, Published on 22/04/2014

» The new Board of Investment (BoI) plans to meet as soon as possible to give the nod to pending investment applications worth a combined 600 billion baht.

TECH

BEC to keep analogue, digital content separate

Business, Saengwit Kewaleewongsatorn, Published on 22/04/2014

» Channel 3 broadcaster BEC World Plc will not migrate analogue content on its existing free station to air digitally, as it wants to maintain viewers even though it will have three new digital channels.

TECH

TV coupon plan to be postponed

Business, Published on 22/04/2014

» The distribution of digital TV subsidy coupons may be postponed to late June or early July, as the regulator has not finalised the plan's details or coupon value.