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NEWS

Japan unveils US$3.5m aid for Rohingya

Kyodo News, Published on 20/06/2015

» Japan announced Saturday it will provide US$3.5 million (432 million yen) in emergency grant aid to support mainly Rohingya migrants from Myanmar left adrift at sea, as the plight of the thousands of "boat people" draws international attention.

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BUSINESS

Travel bodies wring hands over Mers virus

Business, Post Reporters, Published on 20/06/2015

» The impact in Thailand of Middle East respiratory syndrome (Mers) remains limited, but tourism industry leaders are concerned the situation could get out of hand if not dealt with in a timely and effective manner.

BUSINESS

Disease fears blamed for selling spree

Business, Published on 20/06/2015

» Thai shares slip below the 1,500-point barrier again yesterday, with shares of aviation companies, hoteliers and hospitals at the centre of the selling spree.

BUSINESS

Electronic auctions latest to face axe in high-profile corruption drive

Business, Wichit Chantanusornsiri, Published on 20/06/2015

» Replacing electronic auctions (e-auctions) with e-bidding and e-markets for state procurement will remain on track from Oct 1 to avert corruption and suppliers' price collusion and improve transparency, says the Comptroller General's Department.

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THAILAND

Airline cancellations mount

Business, Boonsong Kositchotethana, Published on 20/06/2015

» Airlines flying from Thailand to South Korea are facing significant booking cancellations as the Mers scare deepens.

BUSINESS

BoT slices growth outlook to 3%

Business, Pathom Sangwongwanich, Published on 20/06/2015

» The Bank of Thailand has slashed its economic growth forecast for this year to 3%, saying export growth has slowed, private consumption remains tepid, and private investment is weak.

BUSINESS

TCG allowed higher SME loan coverage

Business, Chatrudee Theparat, Published on 20/06/2015

» The government has approved the state-owned Thai Credit Guarantee Corporation (TCG) raising its credit guarantee coverage for small and medium-sized enterprises (SMEs) to 30% of their loans from 18%.

BUSINESS

Japanese SMEs keen on Thailand's service sector

Business, Apornrath Phoonphongphiphat, Published on 20/06/2015

» Japanese investment in Thailand continues to grow but is shifting to the service sector as manufacturing slows, says the Japan External Trade Organization (Jetro).

BUSINESS

Gas unit planned in Myanmar

Business, Yuthana Praiwan, Published on 20/06/2015

» Thailand plans to develop a floating storage and regasification unit (FSRU) in Myanmar by 2018 to blend with gas resources used to feed its power sector in the western part of the country.

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BUSINESS

EMC to build condos, mixed-use mall project

Kanana Katharangsiporn, Published on 20/06/2015

» SET-listed contractor EMC Plc has expanded into property development with plans to build eight condo projects worth a combined 10.8 billion baht by 2019.