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THAILAND

4G auctions 'on track'

Business, Pathom Sangwongwanich, Published on 27/02/2015

» The government insists the fourth-generation (4G) spectrum auctions will take place before September in order to accelerate development of Thailand's digital economy.

BUSINESS

Krungthai-AXA rises to third

Business, Somruedi Banchongduang, Published on 27/02/2015

» Krungthai-AXA Life Insurance seeks to become the largest life insurer for first-year premiums after rising to third, says its top executive.

BUSINESS

TUF inches closer to world player status with M&As

Business, Published on 27/02/2015

» SET-listed Thai Union Frozen Products Plc (TUF) has announced it spent a combined 3.45 billion baht to acquire European fresh and canned seafood producers MerAlliance SAS and King Oscar AS last year.

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BUSINESS

More turbulence for THAI

Business, Boonsong Kositchotethana, Published on 27/02/2015

» The financial woes of Thai Airways International (THAI) continued in the fourth quarter, raising its full-year loss to 15.6 billion baht.

BUSINESS

Thai Storage to recharge revenue

Business, Piyachart Maikaew, Published on 27/02/2015

» SET-listed Thai Storage Battery (BAT-3K), the maker of automotive batteries, is more optimistic about its revenue this year in light of recoveries in the economy and automotive industry, after its revenue shrank 10% last year.

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BUSINESS

Ananda to keep focus on Greater Bangkok market

Business, Kanana Katharangsiporn, Published on 27/02/2015

» SET-listed developer Ananda Development Plc (ANAN) plans to launch 12 new projects worth a combined 31.6 billion baht this year.

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BUSINESS

True set to double broadband network 

Business, Komsan Tortermvasana, Published on 27/02/2015

» True Online, the broadband internet arm of True Corporation, has set aside 15 billion baht to double its fibre-optic broadband network coverage to meet burgeoning demand for next-generation high-speed internet service.

BUSINESS

Lenovo revs up for PC pole position

Business, Suchit Leesa-nguansuk, Published on 27/02/2015

» Lenovo, the world's largest computer maker, has earmarked up to 800 million baht for a two-year business enhancement programme aimed at becoming the market leader in Thailand.

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BUSINESS

Pricey rice may mar auction

Business, Phusadee Arunmas, Published on 27/02/2015

» The government's ambitious attempt to sell its rice stocks could hit a snag as demand ebbs for costly Thai grains.

BUSINESS

Patkol looks to AEC for revenue boost

Business, Published on 27/02/2015

» Patkol Plc expects the 603-million population of the imminent Asean Economic Community (AEC) will help to drive its annual revenue to 10 billion baht by 2022.