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BUSINESS

DTAC proposes spectrum rethink

Business, Srisamorn Phoosuphanusorn, Published on 28/03/2015

» Total Access Communication Plc (DTAC) is floating an idea to reshuffle and return its unused spectra to the national telecom regulator for fourth-generation (4G) auctions, expecting nothing in return.

BUSINESS

Vintage switching fields

Business, Yuthana Praiwan, Published on 28/03/2015

» MAI-listed Vintage Engineering Plc (VTE), an engineering services provider for the property market, is poised to switch to the energy business.

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BUSINESS

EMC squares away entry into real estate sector

Business, Published on 28/03/2015

» SET-listed construction firm EMC Plc plans to enter the property sector to capitalise on anticipated urbanisation and planned government infrastructure development.

BUSINESS

SC Asset secures high end

Business, Kanana Katharangsiporn, Published on 28/03/2015

» Lower costs for fuel and construction materials along with lower interest rates will drive growth in the overall housing market in the first half, led by the high-end segment, says SET-listed developer SC Asset Corporation.

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BUSINESS

Developers face probe over fake invoices

Business, Wichit Chantanusornsiri, Published on 28/03/2015

» The Revenue Department and the Royal Thai Police are set to investigate more than 100 property developers and contractors suspected of using forged tax invoices to lower their tax burden.

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BUSINESS

London calling for MK Restaurants

Business, Pitsinee Jitpleecheep, Published on 28/03/2015

» MK Restaurant Group Plc has opened its first multiple-brand restaurant centre in Bangkok at a cost of 300 million baht.

BUSINESS

100,000 lay-offs and counting: is this the new normal?

Business, Published on 28/03/2015

» This time a year ago, the oil industry’s biggest problem was finding a way to deal with the “retirement tsunami” about to crash down on it as older oilfield workers hung up their cork boots. Now, with oil prices still in the doldrums, many of those same workers are lucky to be hanging onto their jobs, while others have been booted from the payroll as an ugly wave of lay-offs takes hold.

BUSINESS

Brazil recession looms for 2015

AFP, Published on 28/03/2015

» RIO DE JANEIRO - The Brazilian economy, the world's seventh-largest, posted near-stagnant growth in 2014, expanding just 0.1%, and will likely enter recession this year, officials said Friday.

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BUSINESS

Yellen: Rate hike likely 'this year'

AFP, Published on 28/03/2015

» SAN FRANCISCO - The Federal Reserve is considering raising the United States' near-zero interest rates "this year" even though this may slow the economy, Fed chair Janet Yellen said Friday.

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BUSINESS

Gold rebounds B50 to B18,550

Online Reporters, Published on 28/03/2015

» Gold prices rose by 50 baht per baht weight at its opening on Saturday.