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BUSINESS

Thais snap up London flats

Business, Kanana Katharangsiporn, Published on 29/08/2016

» London-based property developer Almacantar is upbeat about sales of units at its luxury, high-rise residential project Centre Point as the weaker pound post-Brexit lures high-net-worth Thais to look for property in the British capital.

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BUSINESS

J.C. Penney expands while others retrench

Business, Bloomberg News, Published on 29/08/2016

» New York: J.C. Penney Co is in a surprising position more than four years after it was almost run aground by a former chief executive officer: It could be the last department store standing at your local mall.

BUSINESS

Stocks drift as investors await signals from yellen

Business, Published on 29/08/2016

» Recap: Softer oil prices depressed Asian stock markets last week as investors worldwide also awaited cues on interest rates from Federal Reserve Chair Janet Yellen. The Fed chief on Friday indicated conditions were almost right for a move but she did not say when. The Thai stock market moved in a limited range amid a lack of positive factors to drive activity.

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THAILAND

Tracking a transit renaissance

Business, Post Reporters, Published on 29/08/2016

» After going off the rails, Keeree Kanjanapas has revived a transport empire and his own fortunes.

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BUSINESS

Slight hurt seen from China slack

Business, Pathom Sangwongwanich, Published on 29/08/2016

» China's slowing economic growth trajectory will inevitably affect trade and investment with Thailand, but the service sector and other economic initiatives can lend support to future growth impetus, say Chinese academics.

BUSINESS

Treasury sets Mor Chit IRR

Business, Wichit Chantanusornsiri, Published on 29/08/2016

» The Treasury Department has set the internal rate of return (IRR) for the long-delayed Mor Chit development project at 10-12%, its chief says.

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BUSINESS

Securing our digital future

Asia focus, Nareerat Wiriyapong, Published on 29/08/2016

» Cybercrime is everywhere these days, it seems. Or maybe we are just hearing about it more regularly. In Thailand this month, a gang stole 12 million baht from 21 ATMs in six provinces by using malware to infect the system. It was two weeks before the news leaked out, and by that time the perpetrators, said to have been eastern Europeans, were long gone. The thefts, the first of their kind locally, may have been linked to similar heists in Taiwan in July.

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AUTO

Hybrid to crave for

Life, Richard Leu, Published on 29/08/2016

» Honda's semi-electric saloon not only comes with a facelift but with more power than before.

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BUSINESS

SCB mortgage denial drops

Business, Somruedi Banchongduang, Published on 29/08/2016

» Siam Commercial Bank (SCB) bucked the industry trend after its rejection rate for mortgage applications fell to 17% in the first half, with the bank's current customers accounting for most of its housing loan borrowers during the period.

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BUSINESS

Only way is up

Business, Kanana Katharangsiporn, Published on 29/08/2016

» Despite the looming land and buildings tax, land prices in Bangkok's prime locations are expected to continue rising over the next year.