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BUSINESS

Cabinet approves medium-term fiscal plan until 2021

Business, Chatrudee Theparat, Published on 29/05/2018

» The cabinet yesterday approved a medium-term fiscal plan (2019-2021) as required by the new Fiscal Responsibility Act, which puts more restrictions on government off-budget loan-seeking legislation.

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BUSINESS

BoT expects profit for 2018

Business, Somruedi Banchongduang, Published on 29/05/2018

» The Bank of Thailand expects its interest income will outpace that paid out this year following global interest rate hikes, making its performance from interest spread swing back to profit for the first time in several years.

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BUSINESS

Taokaenoi charts course to profit rise with 'My Whey'

Business, Pitsinee Jitpleecheep, Published on 29/05/2018

» With the growing trend toward health and sports, Taokaenoi Food & Marketing Plc, the maker of seaweed snacks, has branched out to make health drinks to boost sales growth this year.

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BUSINESS

Rents 'may rise' on regulations

Business, Kanana Katharangsiporn, Published on 29/05/2018

» Apartment rents are likely to increase after the Office of the Consumer Protection Board's (CPB) new regulations that control lease contracts for residential properties took effect on May 1, say legal and property consultants.

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BUSINESS

Welfare opened to disabled and elderly

Business, Chatrudee Theparat, Published on 29/05/2018

» The government has allowed additional low-income earners, mainly the disabled, elderly and bedridden patients, to register for the state-sponsored subsidy and welfare scheme.

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BUSINESS

Amadeus says millennials high on travel novelty, authenticity

Business, Published on 29/05/2018

» Thailand and Asia-Pacific millennial travellers want new travel experiences distributed through trustworthy channels, a category that includes ride-sharing apps and short-stay accommodation platforms, according to the latest survey by travel technology firm Amadeus.

BUSINESS

IFEC woes persist after board meeting

Business, Nuntawun Polkuamdee, Published on 29/05/2018

» Embattled Inter Far East Energy Corporation Plc (IFEC) continues to be marred by prolonged business conflicts as the company's chief has deemed the recent shareholders' meeting to be invalid, saying it was held unlawfully.

BUSINESS

KTB warms to auto leasing after absence

Business, Somruedi Banchongduang, Published on 29/05/2018

» Krungthai Bank (KTB), the country's fourth-largest lender by assets, wants to return to the auto leasing business after cooling on the sector for years to deal with soured loans.

BUSINESS

Association promotes softer variety

Business, Phusadee Arunmas, Published on 29/05/2018

» Thailand needs to review its rice export strategy to focus more on softer white rice, which has higher global demand than the rougher grains that Thailand produces.

BUSINESS

EU official sees end of the road for diesel cars

Business, Published on 29/05/2018

» BRUSSELS: European Union consumers may do as much as regulators to propel the the region's car sector into the electricity-powered age foreseen by Tesla Inc, according to the EU's industrial-policy chief.