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BUSINESS

PTT buys palm oil for biodiesel

Business, Chatrudee Theparat, Published on 14/03/2019

» PTT Plc, the national oil and gas conglomerate, has agreed to buy 100,000 tonnes of crude palm oil to produce biodiesel for export in a collaborative move to shore up domestic fresh palm nut prices.

BUSINESS

Australia lifts duty on pineapples

Business, Published on 14/03/2019

» Higher shipments of pineapples to Australia are anticipated this year after Australia lifted its anti-dumping duty imposed on imports of Thai canned pineapple used in the food industry.

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BUSINESS

CRG banks on new stores, delivery for 12% growth

Business, Kanana Katharangsiporn, Published on 14/03/2019

» Central Restaurants Group Co (CRG) plans to spend 2 billion baht to add new stores, launch a delivery app and add four new brands, aiming for sales growth of 12% to 13.4 billion baht.

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BUSINESS

Line puts $20m into making a unicorn

Business, Suchit Leesa-nguansuk, Published on 14/03/2019

» Line Thailand and Line Ventures have allocated US$20 million (632 million baht) to help startups grow their business, with an aim to develop the first Thai unicorn within 3-5 years under the ScaleUp programme.

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BUSINESS

Civil union bill may offer LGBT edge

Business, Published on 14/03/2019

» Thailand is advancing same-sex partnership legislation. And one of the nation's biggest industries, tourism, is paying close attention.

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BUSINESS

Key parties push renewable power

Business, Yuthana Praiwan, Published on 14/03/2019

» Encouraging and promoting the development of renewable energy in the industrial sector should be a top priority to improve the economy over the next decade amid increasingly sophisticated disruptive technology, according to major political parties.

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BUSINESS

ACT warns again on duty-free graft risk

News, Post Reporters, Published on 14/03/2019

» A national anti-corruption network has once again repeated its calls for Prime Minister Prayut Chan-o-cha to adopt an integrity pact to prevent graft in the bidding process for duty-free operations at four major airports, which will be combined into a single concession.

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BUSINESS

SET to kick off digital operations next year

Business, Nuntawun Polkuamdee, Published on 14/03/2019

» The Stock Exchange of Thailand plans to commence digital asset trading operations on a new exchange next year, with core infrastructure projected to be completed in the third quarter.

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BUSINESS

Party leaders detail policy prescriptions

Business, Published on 14/03/2019

» The Thai Chamber of Commerce hosted a forum Wednesday for political party leaders to share their visions for upgrading the country’s competitiveness.

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BUSINESS

BSA expects drop in unlicensed software

Business, Suchit Leesa-nguansuk, Published on 14/03/2019

» The Business Software Alliance (BSA), a non-profit trade group sponsored by Microsoft, expects unlicensed software in Thailand to decline at a faster pace because of the upcoming Cybersecurity Act and Data Protection Act.