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BUSINESS

Wooing rich Thais to invest in Portugal

Business, Kanana Katharangsiporn, Published on 04/07/2016

» Property brokerage firm Century21 Siam Corporation Co has teamed up with Portuguese developer Imocompletissmo in an attempt to persuade wealthy Thai buyers to invest in Portugal.

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BUSINESS

Petrochemical sector set for B400bn boost

Business, Chatrudee Theparat, Published on 04/07/2016

» Investment in petrochemical projects worth up to 400 billion baht looks likely late this year once the Eastern Economic Corridor (EEC) is implemented, says Kan Trakulhoon, chairman of a working committee to establish the EEC.

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BUSINESS

Mitsubishi upbeat on sales outlook

Business, Piyachart Maikaew, Published on 04/07/2016

» Japanese carmaker Mitsubishi Motors (Thailand) remains bullish on its domestic sales and export prospects despite the country's overall sluggish car market and its parent company in Japan being mired in a mileage-cheating scandal.

BUSINESS

TCDC eyes urban renewal

Business, Nanat Suchiva, Published on 04/07/2016

» More than half of residents and business owners in Bangkok's Charoen Krung district have agreed to have their historical area developed to boost their standard of living, says Thailand Creative and Design Center (TCDC).

BUSINESS

Potash price surge could mean dearer food for billions

Business, Published on 04/07/2016

» We are on the precipice of a food fight among 7 billion people. This is why potash is so important: it's the fundamental element that everyone takes for granted, even though a projected 7.7 billion lives will depend upon it by 2020.

BUSINESS

Ministry drafting EEC guidelines

Business, Lamonphet Apisitniran, Published on 04/07/2016

» The Industry Ministry is drafting a new law to create and govern the Eastern Economic Corridor (EEC) project, which it hopes will form a new engine to drive economic growth, says Siriruj Chulakaratana, director-general of the Office of Industrial Economics.

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BUSINESS

Thailand's farcical UN campaign

Asia focus, Achara Ashayagachat, Published on 04/07/2016

» There are no real friends or foes, only domestic interests that are imperative in the international political setting, diplomats like to say. Thailand's military government should sign up for this lesson in International Relations 101, if it cares to learn more.

BUSINESS

SEC sees increased trading with discretionary accounts

Business, Nuntawun Polkuamdee, Published on 04/07/2016

» The Securities and Exchange Commission (SEC) is poised to allow securities companies to turn non-active accounts into discretionary accounts -- investment accounts that allow brokers to buy and sell stocks without customers' consent.

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BUSINESS

Post-Brexit bounce brings cheer to stock investors

Business, Published on 04/07/2016

» Recap: Global stock markets bounced back from the steep sell-off triggered by the Brexit vote as investors hoped central banks of major economies would announce fresh stimulus measures to alleviate the impact of a UK exit from the European Union. Investors in Thailand also joined the equity buying spree.

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BUSINESS

Business warned of threats

Business, Suchit Leesa-nguansuk, Published on 04/07/2016

» With the increasingly sophisticated cyberthreat environment, companies in Thailand seriously need to invest in security technology to keep up with the threats, says Bangkok-based IT service provider G-Able Group.