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BUSINESS

Criteria for Erawan and Bongkot bidding released

Business, Yuthana Praiwan, Published on 25/04/2018

» Energy policymakers have announced crucial criteria for the upcoming auctions of the Erawan and Bongkot gas blocks, which will be focused on gas price offered to PTT and benefits shared with the state.

BUSINESS

Trade benefits from US-China brawl

Business, Post Reporters, Published on 25/04/2018

» Thailand is forecast to gain more than it loses from the US-China trade spat, with exports estimated to increase by 8.53-21.34 billion baht or 0.06-0.16% of GDP.

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BUSINESS

Robotics production targeted

Business, Lamonphet Apisitniran, Published on 25/04/2018

» The Industry Ministry's robotics cluster has set an ambitious five-year target to produce robotics technology locally by 2023, citing interest from robotics manufacturers.

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BUSINESS

Spectrum auction date set for Aug 4

Business, Komsan Tortermvasana, Published on 25/04/2018

» The telecom regulator's acting board has set Aug 4 as the date for the 1800-megahertz spectrum auctions, 40 days ahead of the expiration of the Total Access Communication (DTAC) concession.

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BUSINESS

BTS ad seller VGI buying 23% of Kerry Express

Business, Pathom Sangwongwanich, Published on 25/04/2018

» SET-listed VGI Global Media Plc, a provider of media space in the skytrain system, has agreed to purchase a 23% stake in Kerry Express Thailand Ltd in a bid to set up parcel collection points at BTS stations.

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BUSINESS

CPN developing luxury outlet shopping experience

Business, Pitsinee Jitpleecheep, Published on 25/04/2018

» Central Pattana Plc (CPN), the SET-listed property and retail developer under Central Group, is constructing its first luxury outlet in Bangkok, worth 5 billion baht.

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BUSINESS

Tax relief for digital assets a non-starter

Business, Wichit Chantanusornsiri, Published on 25/04/2018

» The Revenue Department has rebuffed a request by digital asset operators to scrap a tax-collecting agency's plan to impose a 15% withholding tax on capital gains and returns from putting money into such assets.

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BUSINESS

Sugar high in store for KTIS with 26.4% surge in cane

Business, Piyachart Maikaew, Published on 25/04/2018

» SET-listed Kaset Thai International Sugar Corporation Plc (KTIS) forecasts sugar production to rise this year, expecting to finish its 2017-18 sugar-crushing season in May with 11 million tonnes of sugar cane, a 26.4% rise from the 2016-17 period.

BUSINESS

CIMBT offers borrowers new product

Business, Somruedi Banchongduang, Published on 25/04/2018

» CIMB Thai Bank (CIMBT) wants the launch of its low-rate personal loan product to attract 10,000 new borrowers and secure 500 million baht in lending this year to help it achieve its goal of 15 billion baht in outstanding personal loans.

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BUSINESS

Provincial condo market outpaces Bangkok supply

Business, Published on 25/04/2018

» The condominium market in other provinces outside Bangkok became more interesting after 2011, says Surachet Kongcheep, a property market expert.