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BUSINESS

DTC uses diversification to supplement revenue

Business, Dusida Worrachaddejchai, Published on 03/09/2019

» SET-listed Dusit Thani (DTC) is searching for new sources of income to offset an anticipated 800-million-baht loss in revenue from the closure of Dusit Thani Bangkok early this year.

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BUSINESS

BAAC sees weak demand from farmers

Business, Wichit Chantanusornsiri, Published on 03/09/2019

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is facing tepid loan demand, with a meagre 4.17 billion baht in loans extended for the three months through June.

BUSINESS

KCCI: Korea poised for Thai FDI rise

Business, Published on 03/09/2019

» Trade and investment between Thailand and South Korea are expected to reach a new era of economic cooperation, especially under the government's scheme for Thailand 4.0 and plans to build up the 12 targeted industries, says Park Yongmaan, chairman of the Korea Chamber of Commerce & Industry (KCCI).

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BUSINESS

BX to stop services at month's end

Business, Published on 03/09/2019

» Bitcoin Co Ltd (bx.in.th), Thailand's largest digital asset exchange, will cease its operations at the end of this month "to focus on other business opportunities", igniting a price slump for digital assets traded on the exchange.

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BUSINESS

Transport minister hurries up rail bids

News, Post Reporters, Published on 03/09/2019

» Transport Minister Saksayam Chidchob said on Monday he wants the bidding for the two remaining contracts of the Thai-Chinese high-speed railway that will link Bangkok and Nakhon Ratchasima to be completed by December.

BUSINESS

Inflation forecast slowest in 2 years

Business, Phusadee Arunmas, Published on 03/09/2019

» The government on Monday lowered the annual inflation forecast to a range of 0.8-0.9% this year, the slowest growth in two years, from 0.7-1.3% in July, due to lower oil prices.

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BUSINESS

Perks to capture firms fleeing China ordered

Business, Lamonphet Apisitniran, Published on 03/09/2019

» The Industry Ministry has ordered the Office of Industrial Economics to finish crafting incentive packages within two weeks to persuade foreign investors to relocate from China into Thailand.

BUSINESS

Gulf strengthens regional base with Vietnam, Laos plants

Business, Yuthana Praiwan, Published on 03/09/2019

» SET-listed Gulf Energy Development Plc plans to develop power plants in Vietnam and Laos to strengthen its business presence in Indochina.

BUSINESS

NBTC mulls payment reprieve following 5G spectrum auctions

Business, Komsan Tortermvasana, Published on 03/09/2019

» The telecom regulator is considering allowing a three-year grace period for licence payments for the upcoming auction on a series of spectrum ranges meant for 5G development to attract them to invest in network infrastructure.

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BUSINESS

Siam Piriya optimistic on Chatuchak

Business, Pitsinee Jitpleecheep, Published on 03/09/2019

» Despite being a newcomer to retail, Siam Piriya Development, the operator of Mixt Chatuchak Shopping Center, is upbeat about business prospects, given its location on 10 rai close to Chatuchak weekend market.