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BUSINESS

Toyota, Mazda to form alliance for joint EV development

Kyodo News, Published on 04/08/2017

» TOKYO -- Toyota Motor Corp and Mazda Motor Corp are set to form a capital alliance to boost joint development of electric vehicles, sources close to the matter said Friday.

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BUSINESS

PM tells IBank to find partner by year-end

Business, Wichit Chantanusornsiri, Published on 04/08/2017

» Prime Minister Prayut Chan-o-cha has ordered the state-owned Islamic Bank of Thailand (IBank) to complete its long-delayed process of finding a new partner by the end of the year.

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BUSINESS

Low-income housing plans being drafted

Business, Post Reporters, Published on 04/08/2017

» The National Housing Authority (NHA) is prepared to handle long-term residential development plans for low-income earners in accordance with the government's "Housing for All" ambitions.

BUSINESS

Somkid, Bishop discuss TAFTA revision

Business, Chatrudee Theparat, Published on 04/08/2017

» The Thailand-Australia Free Trade Agreement (TAFTA), which came into being in January 2005, is to be revised to broaden the partnership and include the service sector.

BUSINESS

New factory licences up 4.4% in July

Business, Lamonphet Apisitniran, Published on 04/08/2017

» Licences granted to private firms to begin construction and operation of new factories rose by 4.4% year-on-year in July, implying that the economic recovery has encouraged businesses to start up and expand, says the Industrial Works Department.

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BUSINESS

SET index chilled by global headwinds

Business, Nuntawun Polkuamdee, Published on 04/08/2017

» The SET index's support levels will oscillate between 1,555-1,535 points this quarter due to a range of negative global factors and expectations it performed poorly from April to June, Tisco Securities said yesterday.

BUSINESS

POLAR asked to clarify rehab petition pullout

Business, Darana Chudasri, Published on 04/08/2017

» The Stock Exchange of Thailand (SET) has asked Polaris Capital Plc (POLAR) to provide information by early next week on why the company withdrew its business rehabilitation petition submitted to the Central Bankruptcy Court.

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BUSINESS

BAY eyes 11% loan growth

Business, Somruedi Banchongduang, Published on 04/08/2017

» Bank of Ayudhya (BAY) can still meet its aggressive target of 11% growth for retail loans this year, it said yesterday.

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BUSINESS

NIIT Technologies pushes firms to ride digital wave

Business, Suchit Leesa-nguansuk, Published on 04/08/2017

» Business organisations need to embrace advanced technologies such as robotics, analytics, artificial intelligence and augmented technology to speed up their digital transformations, says NIIT Technologies Ltd, an India-based digital transformation specialist.

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BUSINESS

B1bn to help Kerry Express branch out

Business, Pitsinee Jitpleecheep, Published on 04/08/2017

» Kerry Express Thailand Ltd, a logistics provider, plans to spend at least 1 billion baht to expand its networks and enhance services to meet growing demand for parcel delivery service rising from robust e-commerce business.