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LEARNING TOGETHER

Chiang Mai time-lapse: How it was made

Terry Fredrickson, Published on 06/05/2014

» Time-lapse photographer Saengthit Kamlangchai is back with a new and improved video taken in Chiang Mai. Watch the timelapse video and then read how it was produced.

BUSINESS

BAY’s Japanese CEO outlines vision

Business, Post Reporters, Published on 06/05/2014

» The 177-billion-baht purchase by Japan's Mitsubishi UFJ Financial Group (MUFG) of GE Capital's 25.3% stake in Bank of Ayudhya (BAY), Thailand's fifth-largest bank by assets, and the tender offer drew attention due to the potential changes that the global player could make in the country's banking landscape.

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BUSINESS

Price war boosts Japan tours

Business, Chadamas Chinmaneevong, Published on 06/05/2014

» Tour packages to Japan have experienced a sharp price drop thanks to cut-throat competition among charter flights and low-cost airlines, allowing Thai tourists to enjoy trips to the Land of the Rising Sun at historically low prices.

BUSINESS

Revenue keen on VAT for used car sales

Business, Wichit Chantanusornsiri, Published on 06/05/2014

» The Revenue Department is set to expand the value-added tax (VAT) charge to cover transactions on used cars as a pilot project for tax collection on sales of other second-hand products.

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BUSINESS

Golf market revenue hit by protests

Business, Kittipong Thongsombat, Published on 06/05/2014

» Several businesses are crying foul about the impact of the months-long political stalemate, and the local golf equipment market is no exception, with operators complaining their sales are hard hit by the crisis.

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BUSINESS

Import dive has hand in Q1 surpluses

Business, Pathom Sangwongwanich, Published on 06/05/2014

» A large trade surplus, the return of service account and foreign investment income, and net transfers drove the current account surplus to US$8.23 billion (266 billion baht) in the January-to-March quarter, said Bank of Thailand spokeswoman Roong Mallikamas.

BUSINESS

Jet Asia Airways to shift from charters to schedules

Business, Boonsong Kositchotethana, Published on 06/05/2014

» Jet Asia Airways is embarking on a major expansion and transformation as it gears up for fierce competition triggered by the launch of two long-haul low-cost carriers in Thailand.

BUSINESS

Choosing the Right Price

Business, Lawalliance Limited Company, Published on 06/05/2014

» It is not always possible for everyone to please the taxman by charging what is considered to be the highest and best price upon entering into a transaction. Pricing strategies can be affected by various commercial factors, such as the benefits a business can derive from selling goods at a lower price to a reputable customer for marketing purposes or bargaining power.

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BUSINESS

Srisawad keeps NPLs low

Business, Somruedi Banchongduang, Published on 06/05/2014

» Prudent risk management and a close relationship with its borrowers has helped Srisawad Ngern Tid Lor (Money on Wheel) prevent bad loans during a tough economy, despite many borrowers living hand-to-mouth, says the company's head.

TECH

AIS vows to ‘fight to the end’ to maintain pole position

Business, Komsan Tortermvasana, Published on 06/05/2014

» Advanced Info Service (AIS) is pinning its hope on this year's scheduled spectrum auction of four licences to provide fourth generation mobile broadband service under a do-or-die strategy to maintain its leadership in the hyper-competitive market over the past two decades.