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NEWS

Philippines education reform faces challenges

Published on 09/05/2015

» MANILA — Halfway through its implementation and even with the required legislation that gave it teeth, a new basic education system in the Philippines continues to face challenges from politicians and groups that find the government's preparations for it insufficient.

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BUSINESS

Thais lag in digital banking

Business, Suchit Leesa-nguansuk, Published on 09/05/2015

» The adoption of digital banking in Thailand has remained sluggish compared with elsewhere in Asia despite efforts by major banks to promote the technology as well as a soaring mobile penetration rate, says a global management consulting firm.

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BUSINESS

Ministry mulls SME measures

Business, Published on 09/05/2015

» More measures to support small and medium-sized enterprises (SMEs) amid the faltering economy are set to be submitted to the government soon, say senior officials.

BUSINESS

Mitr Phol sweet on expansion

Business, Lamonphet Apisitniran, Published on 09/05/2015

» Mitr Phol Group, Asia's biggest sugar producer, has earmarked 18 billion baht for expansion in both domestic and international markets.

BUSINESS

Prayut says country on track for AEC

Business, Chatrudee Theparat, Published on 09/05/2015

» Prime Minister Prayut Chan-o-cha has confirmed Thailand is ready for full cooperation under the Asean Economic Community (AEC), which is set to kick off late this year.

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BUSINESS

Small Phuket hotels feeling the pinch

Business, Chadamas Chinmaneevong, Published on 09/05/2015

» A number of small hotels in Phuket that cannot shoulder their financial burden look set to be sold in 2016 despite tourism picking up again since late last year.

BUSINESS

Setback for Siam City Cement

Business, Published on 09/05/2015

» SET-listed Siam City Cement Plc (SCCC), Thailand's second-biggest cement maker, posted a 27% decline in first-quarter net profit due to weak demand at home.

WORLD

Beger-SCG plant in Indonesia put on hold

Business, Lamonphet Apisitniran, Published on 09/05/2015

» The Thai unit of Beger Co, a German maker and distributor of wood coatings and industrial paint products, has indefinitely postponed a plan to partner with Siam Cement Group (SCG) to set up a paint factory in Indonesia.

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BUSINESS

TSL relies on after-sales service to head off rivals

Business, Piyachart Maikaew, Published on 09/05/2015

» Luxury car importer TSL Auto Corporation plans to focus more on after-sales service and new branches this year rather than sales stimulation in a move to stave off growing competition.

BUSINESS

IPOs show no signs of losing steam

Business, Darana Chudasri, Published on 09/05/2015

» The number of initial public offerings (IPOs) on Thai bourses is expected to keep rising over the next few years as companies queue up to raise funds using the method, says Country Group Securities Plc (CGS).