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BUSINESS

STT GDC invests in local data centre

Business, Suchit Leesa-nguansuk, Published on 06/11/2019

» ST Telemedia Global Data Centres (STT GDC), a Singapore-based data centre operator, is investing 7.3 billion baht to develop a data centre on Ramkhamhaeng Road to capitalise on the rise of Chinese businesses and flourishing digital operations in the country.

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BUSINESS

IMF praises stimulus

Business, Somruedi Banchongduang, Published on 06/11/2019

» Now is a good time for Thailand to implement stimulus measures to rev up its economic growth momentum, weighed down by the global slowdown, given the availability of policy space, says the IMF chief.

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BUSINESS

Princess highlights safety at travel fair

Business, Dusida Worrachaddejchai, Published on 06/11/2019

» Princess Ubolratana has listed safety for tourists as a priority task for Thailand to improve its tourism industry.

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BUSINESS

US ventures eager to invest in EEC

Business, Wichit Chantanusornsiri, Published on 06/11/2019

» American entrepreneurs are keen to invest in the Eastern Economic Corridor (EEC), home to 12 targeted industries that are expected to transform Thailand into an innovation-driven economy, says Lavaron Sangsnit, director-general of the Fiscal Policy Office and the Finance Ministry's spokesman.

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BUSINESS

MTL banking on property to hike return

Business, Darana Chudasri, Published on 06/11/2019

» Muang Thai Life Assurance (MTL) is adding property to its investment portfolio, splurging 3.8 billion baht to construct an office building aiming for higher returns to match long-term insurance's liability obligations amid the low interest rate environment.

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BUSINESS

Farmers' aid fund steered to fiscal 2020 production

Business, Phusadee Arunmas, Published on 06/11/2019

» Commerce Minister Jurin Laksanawisit has approved a farmers' aid fund worth 4.38 billion baht in fiscal 2020, focusing on the 10 key farm products of rice, tapioca, oil palm, fruit, shrimp, pork, eggs, salt, onions and garlic.

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BUSINESS

Battle to curb strong baht increases rate-cut chances

Published on 06/11/2019

» Thailand’s battle to keep its surging currency at bay is increasing the odds of a second interest-rate cut this year.

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BUSINESS

Building a well-balanced innovation team

Business, Detlef Reis, Published on 06/11/2019

» Have you ever been part of an innovation project team? How effectively did you and your colleagues resolve your innovation challenge? And how enjoyable was your creative teamwork?

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BUSINESS

Bank of Thailand cuts interest rate to record low

Published on 06/11/2019

» The Bank of Thailand’s Monetary Policy Committee (MPC) on Wednesday voted to cut the policy interest rate to a record low of 1.25% in a bid to boost Thailand’s economic growth impetus and support a targeted increase in headline inflation.

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BUSINESS

Big drop in natural rubber output seen in 2019

Reuters, Published on 06/11/2019

» JAKARTA: Top natural rubber producers Thailand, Indonesia and Malaysia forecast an 800,000-tonne drop in output this year, the International Tripartite Rubber Council (ITRC), which represents the three, said on Wednesday.