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NEWS

China to help build high-speed train in Iran

Published on 23/01/2016

» TEHRAN — Visiting Chinese President Xi Jinping agreed Saturday with his Iranian counterpart Hassan Rouhani to help construct Iran's high-speed train system as part of China's "One Belt and One Road" initiative to build a modern "Silk Road."

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BUSINESS

Ratch invests B7.5bn in China project

Business, Lamonphet Apisitniran, Published on 23/01/2016

» SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand's biggest private power producer, has formed a joint venture to invest in the second phase of a nuclear power project in China.

BUSINESS

Price cuts for 9 products as oil, transport costs fall

Business, Phusadee Arunmas, Published on 23/01/2016

» Makers of nine consumer products have agreed to cut their prices in line with lower oil and transport costs.

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BUSINESS

TMB maintains provisions to cut bad debt

Business, Somruedi Banchongduang, Published on 23/01/2016

» TMB Bank will set aside the same amount as it did last year for loan-loss reserves, 5.47 billion baht, to tackle potential rising bad debt amid growing uncertainty.

BUSINESS

ADB urges research, education spending

Business, Pathom Sangwongwanich, Published on 23/01/2016

» Thailand should improve its competitiveness and productivity through deeper structural reforms to become a high-income country, says the Asian Development Bank (ADB).

BUSINESS

EU tariff halt expected to aid shippers

Business, Phusadee Arunmas, Published on 23/01/2016

» Thai exporters are being urged to take greater advantage of European markets after the EU cut import tariffs on more than 2,000 raw materials.

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BUSINESS

BMW Thailand bully for big-bike boom

Business, Piyachart Maikaew, Published on 23/01/2016

» German luxury car maker BMW Group Thailand is bullish about the prospects of the big-bike market, expecting double-digit growth this year.

BUSINESS

KAsset uses global funds in drive for 10% growth

Business, Nuntawun Polkuamdee, Published on 23/01/2016

» Kasikorn Asset Management Co (KAsset) expects its assets under management (AUM) will increase by at least 10% this year, with global funds focused on European countries being the main contributor.

BUSINESS

Phuket set to be Thailand's first smart city

Business, Komsan Tortermvasana, Published on 23/01/2016

» Phuket will be turned into an innovation-driven smart city this year in a pilot project to promote digital-related investment and further development of the tourism industry.

BUSINESS

SME Bank eyes more fund options

Business, Wichit Chantanusornsiri, Published on 23/01/2016

» The state-controlled Small and Medium Enterprise Development Bank of Thailand (SME Bank) is seeking ways to allow its venture capital fund to invest in non-juristic person SMEs to open up opportunities for them to access funding sources.