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BUSINESS

SET index falls on lending rate cuts

Business, Post Reporters, Published on 06/04/2016

» A commercial bank cutting spree in prime lending rates triggered a sell-off in banking blue chips yesterday, pushing the SET index down 1.9%. Investors, meanwhile, were left fretting over the narrowed net interest margins (NIMs).

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BUSINESS

Retail LPG price maintained

Business, Yuthana Praiwan, Published on 06/04/2016

» Energy policymakers yesterday agreed to keep the retail price of liquefied petroleum gas (LPG) unchanged at 20.29 baht per kilogramme even as the global gas price rose.

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BUSINESS

PM asked to decide on AIS 4G offer

Business, Published on 06/04/2016

» The telecom regulator says Advanced Info Service's offer for an outright takeover of the 900-megahertz spectrum licence without having another auction is illegitimate and against telecom laws.

BUSINESS

Consumer confidence at five-month low

Business, Phusadee Arunmas, Published on 06/04/2016

» Consumer confidence plunged to a five-month low in March amid concerns over the effects of the drought on agriculture and shrinking purchasing power, particularly among middle-income earners.

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BUSINESS

THA projects strong hotel sector growth

Business, Chadamas Chinmaneevong, Published on 06/04/2016

» The hotel sector will surge this year amid positive signs for hotel occupancy and room rates since the last quarter of 2015, said the Thai Hotels Association (THA).

BUSINESS

Correction

Business, Published on 06/04/2016

» The figure in the headline "Panel mulls B10bn trigger for new levy" on Page B1 of Monday's edition should have read "B10m". We regret the error.

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BUSINESS

Bid forms for SEZs set for next week

Business, Wichit Chantanusornsiri, Published on 06/04/2016

» Companies interested in developing state land into special economic zones (SEZs) in Trat, Mukdahan and Nong Khai provinces can buy the bid documents between April 11 and 19, says the head of the Treasury Department.

BUSINESS

Shipping industry panic over container weight deadline

Business, Published on 06/04/2016

» There is a sense of mild panic in the global shipping industry ahead of a new law of the sea that will mean that nearly every ocean-going container will have to be weighed and certified before being loaded on to a ship.

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BUSINESS

ATTA expects 6.5m visitors in 2016

Business, Chadamas Chinmaneevong, Published on 06/04/2016

» The Association of Thai Travel Agents (ATTA) projects international tourist arrivals via its member tour companies to reach 6.5 million this year, growing 30% from last year.

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BUSINESS

Up to B500,000 aid for product improvement

Patsara Jikkham, Published on 06/04/2016

» The government is offering up to 500,000 baht annually to the business owners who improve their products with science, technology and innovation.