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BUSINESS

Social commerce new key to survival

Business, Pathom Sangwongwanich, Published on 08/05/2020

» E-commerce is not an alternative, but a survival tactic for small businesses affected by the crisis, with social commerce accounting for 40% of total online transactions, says an e-commerce executive.

BUSINESS

Asset managers get provident fund info

Business, Pathom Sangwongwanich, Published on 09/05/2020

» The capital market regulator has notified asset management firms of a ministerial mandate to permit employers to temporarily delay or halt provident fund contributions during the coronavirus crisis.

BUSINESS

TU profits fall 20.2% in Q1 from foreign turmoil

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.

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BUSINESS

Court accepts Pace's petition

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.

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BUSINESS

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.

BUSINESS

SET insists Polaris clarify shareholders' meeting

Business, Pathom Sangwongwanich, Published on 21/03/2020

» The Stock Exchange of Thailand (SET) has demanded that listed developer Polaris Capital Plc (POLAR) clarify information after the Court of Appeals issued a temporary injunction to prohibit the registrar from registering the current board of directors.

BUSINESS

TMBAM initiates rebates for 4 cancelled funds

Business, Pathom Sangwongwanich, Published on 31/03/2020

» TMBAM Eastspring began allocating the first rebate of investors' money yesterday after terminating four fixed-income funds last week, with hopes the process will be completed within 90 days.

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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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BUSINESS

TU sees 2019 net profit rise by 0.5% year-on-year

Business, Pathom Sangwongwanich, Published on 18/02/2020

» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, saw its 2019 net profit rise by a mere 0.5% year-on-year amid a challenging sales environment and a one-time impairment expense.

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BUSINESS

LTV tweaks have minor effect

Business, Pathom Sangwongwanich, Published on 24/01/2020

» The recent tweaks to ease loan-to-value (LTV) regulations are expected to yield a limited impact in increasing property sales because of elevated household debt and banks' tighter loan approvals, say economic think tanks.