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BUSINESS

Exports hit by China's downturn

Business, Pathom Sangwongwanich, Published on 16/05/2015

» China’s economic slowdown is expected to hurt Thai export prospects further, but the effect on tourism should be minimal, says a senior Bank of Thailand official.

BUSINESS

Ticon, IDEC to set up industrial estate for SMEs

Business, Lamonphet Apisitniran, Published on 16/05/2015

» Ticon Industrial Connection Plc, a SET-listed developer of ready-built factories and warehouses, has sealed a deal with a Japanese investment body, expecting to attract more Japanese small and medium-sized enterprises (SMEs) to invest in Ticon's new industrial estate.

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BUSINESS

Moody's paints bleak picture

Business, Post Reporters, Published on 16/05/2015

» The economy likely grew by 3.9% year-on-year in the first quarter, avoiding a quarter-on-quarter contraction, says Moody's Analytics Inc.

BUSINESS

M-Link turns the page with name change

Business, Komsan Tortermvasana, Published on 16/05/2015

» SET-listed M-Link Asia Corporation has officially changed its name to Ferrum Plc (FER), the better to reflect business diversification under its new ownership structure.

BUSINESS

Industry Ministry plans IT system overhaul

Business, Lamonphet Apisitniran, Published on 16/05/2015

» The Industry Ministry has earmarked an additional 20 million baht to improve its information technology (IT) system in preparation for the forthcoming digital economy.

BUSINESS

TUF earnings leap in Q1

Business, Published on 16/05/2015

» SET-listed Thai Union Products Plc (TUF), the world's biggest exporter of canned and frozen tuna, has posted a surge of 58.7% in first-quarter net profit thanks largely to continuous sales growth and foreign exchange gains.

BUSINESS

Crop insurance scheme expands for rice farmers

Business, Wichit Chantanusornsiri, Published on 16/05/2015

» Rice farmers are expected to buy crop insurance for 2 million rai of rice paddy next harvest year, up from 1.5 million this year, to mitigate the financial risks from natural disasters.

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THAILAND

Subsidiaries hamstring Nok Air

Business, Boonsong Kositchotethana, Published on 16/05/2015

» Losses from subsidiaries, mainly beleaguered start-up NokScoot, diminished otherwise-solid first-quarter results for Nok Air.

BUSINESS

Correction

Business, Published on 16/05/2015

» The story entitled “AIS considers plan to retain 2G customers” on page 3 of yesterday's edition incorrectly credited AIS vice-president Nattiya Poapongsakorn as saying, “We are in negotiations with the state telecom enterprise for a possible agreement over the rental network capacity.” She did not say that. We regret the error.

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BUSINESS

Pruksa holds steady with growth view

Business, Kanana Katharangsiporn, Published on 16/05/2015

» SET-listed Pruksa Real Estate Plc (PS) is confident the Greater Bangkok property market will grow by 10% this year.