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BUSINESS

Gold jewellery sales recovering in China

Business, Published on 06/06/2018

» LONDON: Gold jewellery sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum.

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BUSINESS

Saha grumbles as strong baht carries on

Business, Kanana Katharangsiporn, Published on 06/06/2018

» Saha Group, the country's biggest consumer goods conglomerate, has warned that the continued strong baht could weaken consumer purchasing power in the second half of the year even as the economy heats up.

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BUSINESS

BAY: Baht could hit 30 to dollar in 2019

Business, Darana Chudasri, Published on 06/06/2018

» The baht's strength is expected to continue into next year when the local currency could hit 30 against the US dollar on the back of the burgeoning economy, says a Bank of Ayudhya (BAY) senior official.

BUSINESS

MAI sees IPO surge in remainder of 2018

Business, Nuntawun Polkuamdee, Published on 06/06/2018

» IPOs in the second half of 2018 are expected to accelerate as 12 companies are poised to launch IPOs later this year, says the Market for Alternative Investment (MAI).

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BUSINESS

TNSC outlook unchanged amid global uncertainties

Business, Phusadee Arunmas, Published on 06/06/2018

» The Thai National Shippers' Council (TNSC) is maintaining its 8% export growth projection even as shipments in April grew by 12.3% year-on-year, marking growth for the 14th consecutive month.

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BUSINESS

Firms hopeful about GDP

Business, Somruedi Banchongduang, Published on 06/06/2018

» The business sector is more upbeat about the country's economy, saying growth could hit the upper end of the forecast band at 4.5% this year, as they await the second-quarter economic reading before reviewing the growth estimate.

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BUSINESS

IMF backs Bank of Thailand's policy stance

Business, Published on 06/06/2018

» The IMF supports the Bank of Thailand's stated stance, saying monetary easing could help bring inflation back within the targeted range this year as the country's economic recovery gains momentum but struggles to become broad-based.

BUSINESS

Cabinet scraps perk for IBF locations

Business, Chatrudee Theparat, Published on 06/06/2018

» The cabinet has approved a royal decree to terminate a 10% exemption from corporate tax for international banking facilities (IBF) based on the recommendation of the Organisation for Economic Cooperation and Development (OECD).

BUSINESS

Asus targets gaming segment

Business, Komsan Tortermvasana, Published on 06/06/2018

» Taiwanese computer and mobile handset maker Asus plans to double its market share in gaming products locally to 60% this year.

BUSINESS

NBTC confident of 3 bidders for auction

Business, Nanat Suchiva, Published on 06/06/2018

» Korkit Danchaivichit, deputy secretary-general of the National Broadcasting and Telecommunications Commission (NBTC), reaffirmed Thailand's three largest mobile operators Advanced Info Service (AIS), True Move, and Total Access Communication (DTAC) will join the bidding for 1800-megahertz spectrum licences.