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BUSINESS

SCB anoints new Digital Ventures head

Business, Somruedi Banchongduang, Published on 17/04/2017

» Siam Commercial Bank (SCB) has appointed Orapong Thien-Ngern, former chief executive of Microsoft Thailand, to succeed Digital Ventures head Thana Thienachariya, who has been promoted to chief marketing officer.

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BUSINESS

Japan reaches out

Asia focus, Published on 17/04/2017

» With ample liquidity supplied by its central bank and facing an anaemic economy back home, many Japanese companies do not have to look any farther west than Southeast Asia to ply their trade and expand their business empires.

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BUSINESS

Siam Park to build mini 'Bangkok City'

Business, Pitsinee Jitpleecheep, Published on 17/04/2017

» Siam Park Bangkok Co, an amusement and theme park operator, will allocate 3 billion baht to build a retail and entertainment project in Bangkok this year in a bid to expand its customer base.

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BUSINESS

CAT, DTAC bank on 2G network-sharing venture

Business, Komsan Tortermvasana, Published on 17/04/2017

» CAT Telecom hopes to enter a 2G network sharing agreement via a joint venture with Total Access Communication (DTAC) this year as the state telecom firm strives to create a new revenue stream after the end of the concession era.

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BUSINESS

Myanmar deserves our patience

Asia focus, Anchalee Kongrut, Published on 17/04/2017

» What a difference a year makes. In the same hot summer last year, Myanmar was the rosy-cheeked debutante of the democratic world after the National League for Democracy (NLD) won a landslide victory in the 2015 election, paving the way for the first civilian-led government in 54 years. Foreign investors were rushing in, lured by economic growth that hit 8.5% in 2014, an emerging market of more than 50 million consumers in a resource-rich land with seemingly endless potential.

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BUSINESS

State land rents based on ROA

Business, Wichit Chantanusornsiri, Published on 17/04/2017

» The Treasury Department has set a new rental fee calculation of a range of 3-5% for return on assets (ROA) for its land used for commercial purposes, and 1% ROA for residential property and farmland.

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BUSINESS

Engaging and retaining the talent of the future

Arinya Talerngsri, Published on 17/04/2017

» A disrupted talent landscape and the rise of the millennials, who will make up 75% of the workforce by 2020, have become the challenging new reality for employers and businesses.

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BUSINESS

Gold prices up B150 to B20,950

Online Reporters, Published on 17/04/2017

» The Gold Traders Association this morning announced buying prices at 20,481.16 baht per baht-weight for gold ornaments and 20,850 baht per baht-weight for gold bar.

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BUSINESS

SET opens down 4.91 to 1,584.59

Online Reporters, Published on 17/04/2017

» Thai stocks opened down 0.31% at the start of trade this morning.

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BUSINESS

China's Q1 economic growth ticks higher to 6.9%

Associated Press, Published on 17/04/2017

» HONG KONG -- China's economic recovery is gaining momentum, with growth ticking up to a 6.9% annual pace in the first three months of the year, lifted by government stimulus and a property boom.