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BUSINESS

KS optimistic on bourse rebound in second half

Business, Darana Chudasri, Published on 19/07/2018

» Despite sporadic financial volatility in the domestic stock market, Thailand's bourse is projected to reach a new high this year given the general election stays on schedule for next year and the ongoing trade dispute does not escalate into a trade war, says Kasikorn Securities (KS).

BUSINESS

TBank posts profit bump

Business, Somruedi Banchongduang, Published on 19/07/2018

» Thanachart Bank (TBank) has avoided a letdown following the recent elimination of digital transaction fees, with higher net interest income and non-interest income bumping its net profit during the second quarter.

BUSINESS

Energy Ministry denies role in MHPS bribery case

Business, Yuthana Praiwan, Published on 19/07/2018

» The Energy Ministry has denied involvement with a bribery case concerning Mitsubishi Hitachi Power Systems (MHPS) and a 5,300-megawatt gas-fired power plant.

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BUSINESS

Google vows to 'Leave No Thais Behind'

Business, Komsan Tortermvasana, Published on 19/07/2018

» Google Thursday announced a collaboration with local partners on access to education, content, localised products and small and medium-sized enterprise (SME) promotion as part of the tech giant's long-term goal of broadening its digital economy network in Thailand.

BUSINESS

Commerce vows stricter inspections

Business, Phusadee Arunmas, Published on 19/07/2018

» Following the Phuket boat tragedy, the Commerce Ministry has vowed to step up inspections of business owners, particularly in tourism, property and farming, to root out foreign operators using Thai nominees.

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BUSINESS

KBank sees slide to B34 against dollar

Business, Published on 19/07/2018

» Views on the US dollar's prospects for the rest of the year are mixed, with Kasikornbank (KBank) forecasting that the baht will hit a one-and-a-half-year low of 34 to the greenback this quarter amid large-scale capital inflows.

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BUSINESS

Honda urges better incentives to kick-start electric motorbikes

Business, Piyachart Maikaew, Published on 19/07/2018

» Japan's Honda is calling for measures and incentives to localise assembly of electric motorcycles in Thailand, saying the current promotion package is limited to production of finished cars and electric parts.

BUSINESS

Joint effort seeks to allay marine fears

Business, Suchat Sritama, Published on 19/07/2018

» Chinese officials and the Tourism and Sports Ministry are joining forces to strengthen marine safety measures after a boat capsized earlier this month, killing 47 Chinese tourists.

BUSINESS

Warning over trans fat ban blowback

Business, Lamonphet Apisitniran, Published on 19/07/2018

» The Federation of Thai Industries (FTI) is concerned that the Public Health Ministry's new regulation to ban the production, import and distribution of food containing trans fats will increase costs for food operators, mainly small and medium-sized enterprises (SMEs).

BUSINESS

Oppo pivots to high-end smartphones

Business, Suchit Leesa-nguansuk, Published on 19/07/2018

» Oppo is targeting the high-end smartphone segment as the Chinese handset maker strives to become a market leader in the saturated Thai market.