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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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TECH

Drones offer help to ageing farmers

Business, Published on 24/08/2018

» TOME, Japan: The next generation farmhand in Japan's ageing rural heartland may be a drone.

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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.

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BUSINESS

Cooperatives strengthen ties

Business, Suchat Sritama, Published on 24/08/2018

» The Thailand Convention and Exhibition Bureau has been working with the Cooperative Promotion Department (CPD) to launch the Mice for Community campaign, with 35 farm cooperatives initially chosen to become new destinations for Mice travellers.

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BUSINESS

Tesco fetes 2,000th store with growth plan

Business, Pitsinee Jitpleecheep, Published on 24/08/2018

» Ek-chai Distribution System Co, the operator of Tesco Lotus hypermarkets, is expanding its retail space by a total of 55,000 square metres this fiscal year, which began in March, to cash in on improved prospects in the retail business sector next year.

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THAILAND

SEC fines IFEC execs for insider trades

Business, Pathom Sangwongwanich, Published on 24/08/2018

» The Securities and Exchange Commission (SEC) has imposed civil fines on current and former executives of Inter Far East Energy Corporation Plc (IFEC) on grounds of insider trading.

BUSINESS

Dusit Doha Hotel management settled

Business, Post Reporters, Published on 24/08/2018

» Thailand-based global hospitality company Dusit International has signed a management agreement with the Al Majed Group to operate Dusit Doha Hotel in Qatar, scheduled to open in the fourth quarter of 2018.