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TECH

NBTC changes tune, scraps planned 4G draft auction

Business, Komsan Tortermvasana, Published on 24/07/2014

» The national telecom regulator has decided to scrap the controversial draft auction design for the fourth-generation (4G) spectrum, opening the door to other methods of spectrum allocation.

BUSINESS

Companies 'must change to compete'

Business, Published on 24/07/2014

» Openness to change and human resource development are key for Thai companies wanting to stay competitive in the changing market landscape, say analysts.

BUSINESS

Board shake-ups continue

Business, Post Reporters, Published on 24/07/2014

» Krirk Vanikkul, the central bank's deputy governor for financial institution stability, is tipped to be the next chairman of the Small and Medium Enterprise Development Bank of Thailand (SME Bank), while assistant governor Salinee Wangtal is expected to be named chairwoman of GH Bank, says a Finance Ministry source.

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TECH

CTH, Grammy tie knot

Business, Saengwit Kewaleewongsatorn, Published on 24/07/2014

» Two big pay TV operators, CTH and GMM Grammy, will join forces in the hopes of expanding their pay TV subscriptions to 2.5 million this year from 800,000 as well as help CTH to break even on its English Premier League (EPL) licensing fee.

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BUSINESS

KTB keeps attention on SMEs, retail

Business, Published on 24/07/2014

» Krungthai Bank (KTB) will focus on small and medium-sized enterprises (SMEs) and retail loans over the next three years, targeting 10% growth as the sectors have higher margins, says president Vorapak Thanyawong.

BUSINESS

Malaysia's CIMB Group casts wide net in Asean

Business, Published on 24/07/2014

» CIMB Group Holdings Bhd, Malaysia’s second-biggest bank, is applying for banking licences in three additional countries to broaden its footprint across the region and cash in on the single market of 10 nations under the Asean Economic Community.

BUSINESS

FTI upbeat about domestic car sales

Business, Piyachart Maikaew, Published on 24/07/2014

» The Federation of Thai Industries (FTI) remains confident that domestic vehicle sales will top 1 million this year, defying some car makers' projection of sales declining to between 900,000 and 980,000 vehicles.

BUSINESS

Farmer happiness down from August

Business, Wichit Chantanusornsiri, Published on 24/07/2014

» Farmer happiness last month dropped substantially from its peak last August when they had high hopes of stable income from the Yingluck Shinawatra administration's rice pledging scheme, reports a Bank for Agriculture and Agricultural Cooperatives' (BAAC) poll.

BUSINESS

Europe’s debt wish places huge burden on central bank

Business, Published on 24/07/2014

» Euro-zone leaders continue to debate how best to reinvigorate economic growth, with French and Italian leaders now arguing that the euro zone’s rigid “fiscal compact” should be loosened. Meanwhile, the leaders of northern member countries continue to push for more serious structural reform.

BUSINESS

KBank puts the skids on SME lending

Business, Somruedi Banchongduang, Published on 24/07/2014

» Kasikornbank (KBank) plans to decelerate lending to small and medium-sized enterprises (SMEs) in the second half after loan growth exceeded first-half expectations.