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BUSINESS

Gauging the effects of digitisation

Business, Arinya Talerngsri, Published on 24/08/2018

» The transformations brought about by digital technology, and the speed at which they happen, cannot be overstated. Before we even knew we needed them, we had Airbnb, Netflix, Uber and other life-changing services. More are on the way. I am certain that you have all seen the effects of digital disruption in many businesses, regardless of industry or size.

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BUSINESS

Gold prices fell B50 to B18,500

Online Reporters, Published on 24/08/2018

» Gold prices dropped 50 baht to 18,500.00 baht per baht-weight in Bangkok on Friday.

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BUSINESS

US says Facebook fugitive arrested in Ecuador

Reuters, Published on 24/08/2018

» NEW YORK: The New York man who spent nearly 3½ years as a fugitive after being charged with trying to defraud Facebook Inc founder Mark Zuckerberg out of half of the social media company has been arrested in Ecuador and may be extradited, US prosecutors said on Thursday.

BUSINESS

SHREIT taking two Asean hotels in AUM

Business, Nuntawun Polkuamdee, Published on 24/08/2018

» SET-listed Strategic Hospitality Extendable Freehold and Leasehold REIT (SHREIT) will invest in two hotels in Malaysia and Indonesia worth a combined 5.8 billion baht, targeting robust growth in tourism in these destinations.

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BUSINESS

Krungsri Auto hikes target to 17%

Business, Darana Chudasri, Published on 24/08/2018

» Krungsri Auto, an automotive lender under Bank of Ayudhya, has revised up its loan portfolio growth target to 17% this year after strong loan performance in the first half.

BUSINESS

Exim says loan goal within reach

Business, Wichit Chantanusornsiri, Published on 24/08/2018

» State-owned Export-Import Bank of Thailand extended new loans worth 25 billion baht in the first seven months of 2018, adding to signs that its full-year loan growth target of 30 billion baht is within reach, Exim's chief says.

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BUSINESS

Shopee mulls building logistics network

Business, Suchit Leesa-nguansuk, Published on 24/08/2018

» As Thailand's e-commerce market continues to face intense competition, e-commerce platform Shopee is considering building its own logistics network to compete head-on with Chinese internet giants like Lazada and JD Central.

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BUSINESS

BoT foresees trade spat hurting GDP at year-end

Business, Somruedi Banchongduang, Published on 24/08/2018

» The trade dispute between the world's biggest economies is expected to take a toll on the Thai economy from the end of this year at the earliest, says the Bank of Thailand's chief.

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BUSINESS

CG joins IEAT on EEC industrial estate

Business, Lamonphet Apisitniran, Published on 24/08/2018

» Thai-Chinese joint venture CG Corporation is teaming up with the Industrial Estate Authority of Thailand (IEAT) on a 3,068-rai industrial estate in Rayong province with a development cost of 10 billion baht.

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BUSINESS

Rise Venture to link unsold units to buyers

Business, Kanana Katharangsiporn, Published on 24/08/2018

» All Inspire Development Plc has diversified into acquiring unsold, completed condo units and furnishing them before reselling onto the market, aiming for a net profit margin of 20% from the new business.