Showing 1 - 10 of 21
China suspends repo trade at offshore yuan clearing banks
Business, Reuters, Published on 19/11/2015
» BEIJING/SHANGHAI: China has moved to restrict trade at offshore yuan clearing banks, sources told Reuters yesterday, stepping up capital controls even as Beijing positions its currency for inclusion in the International Monetary Fund's reserve basket.
Court rejects union petition
Business, Published on 19/11/2015
» The Central Administrative Court yesterday dismissed a petition by CAT Telecom's labour union that sought to stop the National Broadcasting and Telecommunications Commission (NBTC) auctioning two licences on the 1800-megahertz spectrum last week.
Somkid optimistic multiplier effects will push growth past 3%
Business, Published on 19/11/2015
» Deputy Prime Minister Somkid Jatusripitak, who leads the economic team, remains hopeful annual GDP growth this year will overshoot 3% due to multiplier effects from the government's recent stimulus package.
Revised megaprojects head for cabinet approval
Business, Lamonphet Apisitniran, Published on 19/11/2015
» Some of the 20 infrastructure megaprojects in the development plan being rejigged by the Transport Ministry can be submitted for cabinet approval in mid-December.
Krungthai Bank nears B100bn deal
Business, Pathom Sangwongwanich, Published on 19/11/2015
» The Finance Ministry plans to acquire the entire 55% stake in Krungthai Bank (KTB) held by the Financial Institutions Development Fund (FIDF) in a deal worth 100 billion baht.
TCC puts retail focus on Rama IV
Business, Kanana Katharangsiporn, Published on 19/11/2015
» TCC Group, owned by liquor tycoon Charoen Sirivadhanabhakdi, is branching out its retail property business with plans to develop retail spaces at three new prime sites leased to its affiliates.
PTT believes cost cuts will offset oil fall
Business, Yuthana Praiwan, Published on 19/11/2015
» PTT Plc is confident that its recently implemented cost-cutting and efficiency initiatives will help the national oil and gas conglomerate perform well during this period of falling global oil prices, says a senior official.
BAY wary of baht volatility
Business, Somruedi Banchongduang, Published on 19/11/2015
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, forecasts the baht will be more volatile next year in anticipation of increasing capital mobility after the US Federal Reserve's expected rate increase next month.
E-commerce still on the up
Business, Suchit Leesa-nguansuk, Published on 19/11/2015
» The value of Thailand's e-commerce market is expected to reach 2.1 trillion baht this year thanks to greater price competition and faster wireless network speeds, according to a survey for the Electronic Transactions Development Agency (ETDA).
EIC acquires football stakes
Business, Published on 19/11/2015
» SET-listed Electronics Industry Plc (EIC), led by chairman Bee Taechaubol, has acquired stakes in two ventures in the sports industry.