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BUSINESS

MPC sees low demand in property glut

Business, Pathom Sangwongwanich, Published on 05/04/2016

» The Bank of Thailand's Monetary Policy Committee (MPC) is closely monitoring an oversupply in the property sector, saying the slow economic recovery and delays in infrastructure investment have caused demand to ebb.

BUSINESS

NSF strives for 1.8% return

Business, Wichit Chantanusornsiri, Published on 05/04/2016

» The National Savings Fund (NSF), a voluntary pension fund for non-formal workers, aims for a return on investment of 1.8% before subtracting management expenses this year.

BUSINESS

Fetco baulks at state stake in SET, fearing influence

Business, Nuntawun Polkuamdee, Published on 05/04/2016

» The Federation of Thai Capital Markets Organisation (Fetco) has come out against an idea floated by Finance Minister Apisak Tantivorawong for the state to hold a stake in the Stock Exchange of Thailand (SET), saying it fears political influence in the market.

BUSINESS

Tokio to add sales agents in Thailand

Business, Darana Chudasri, Published on 05/04/2016

» Tokio Marine Life Insurance (Thailand) aims for 26% growth in premium value to 5.47 billion baht this year, underpinned by a planned increase in sales agents to 3,500.

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BUSINESS

SIM rejig transforms revenue stream

Business, Komsan Tortermvasana, Published on 05/04/2016

» SET-listed Samart I-Mobile (SIM), the handset distribution arm of Samart Corporation, is undergoing a fundamental corporate restructuring to transform its traditional revenue streams.

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BUSINESS

Motor show sales reflect weak market

Business, Piyachart Maikaew, Published on 05/04/2016

» The domestic automotive market remains bearish, as exemplified by tepid car bookings at the 37th Bangkok International Motor Show, which fell for the fourth straight year.

BUSINESS

TrueVisions sets goal of screening English football

Business, Nanat Suchiva, Published on 05/04/2016

» TrueVisions, the country's biggest pay TV operator, will continue to strengthen even if it fails to secure a broadcast sublicence for English Premier League (EPL) football matches from Qatar-based BeIn Sports.

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BUSINESS

Rakuten logs off from Tarad ownership

Business, Suchit Leesa-nguansuk, Published on 05/04/2016

» Japanese e-commerce giant Rakuten Inc has sold its entire shareholding stake in Tarad.com to Thai-owned web host Porar Web Application for an undisclosed sum.

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BUSINESS

Charn Issara teams up with Chinese partner

Business, Kanana Katharangsiporn, Published on 05/04/2016

» SET-listed Charn Issara Development Plc (CI) will next Tuesday sign a joint venture with Chinese contractor Tianyuan Construction Group to develop a condo project worth 1.2 billion baht in Chiang Mai.

BUSINESS

GPSC seeks stake in Indonesian geothermal plant

Business, Yuthana Praiwan, Published on 05/04/2016

» SET-listed Global Power Synergy Plc (GPSC), the electricity arm of PTT Plc, plans to buy a stake in a geothermal power plant in Indonesia with a generating capacity of 200 megawatts.