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BUSINESS

U Sathorn eyes guests from West

Business, Suchat Sritama, Published on 15/01/2018

» U Sathorn Bangkok, a hotel under the U Sathorn chain, is mapping out business strategies for this year with a focus on online reservations and increasing the number of Western guests to reach the revenue target of 215 million baht.

LIFE

Rise seeks to elevate startups

Business, Suchit Leesa-nguansuk, Published on 15/01/2018

» Bangkok-based corporate innovation accelerator Rise says it will boost Thailand's GDP by 1% in the next two years by collaborating with corporate giants to promote innovation and attract more Asean startups to the country.

LIFE

E-wallets and the need for speed

Business, Pitsinee Jitpleecheep, Published on 15/01/2018

» As in many markets around the globe, retailers and restaurant chains in Thailand are facing a rapidly changing business landscape. Technology has altered consumer behaviour, making people less patient and more open to online shopping and dining.

BUSINESS

Retail prices for cigarettes under review

Business, Wichit Chantanusornsiri, Published on 15/01/2018

» The Excise Department is discussing the legality of prohibiting cigarette importers from setting their retail prices below the prices listed before Sept 16, 2017, the first day the new excise tax came into force.

BUSINESS

EEC to align with One Belt, One Road

Business, Lamonphet Apisitniran, Published on 15/01/2018

» The government plans to talk about speeding up future investment in its flagship Eastern Economic Corridor (EEC) project in line with China's One Belt, One Road initiative, says Industry Minister Uttama Savanayana.

BUSINESS

The blessing of black

Business, Chatrudee Theparat, Published on 15/01/2018

» Many people believe black brings bad luck, refusing to buy expensive clothes in the colour or dress in it for weddings or auspicious events.

BUSINESS

Asia named as growth catalyst

Business, Published on 15/01/2018

» Asia-Pacific will drive demand for air travel over the next two decades, according to the 2018 Air Travel Outlook report produced by Expedia in collaboration with the Airlines Reporting Corporation (ARC).

LIFE

SCB using app to push retail loans

Business, Somruedi Banchongduang, Published on 16/01/2018

» Siam Commercial Bank (SCB), the country's second-largest lender by assets, aims to lend 10 billion baht in retail loans through its mobile banking app this year after it rolls out the service for smartphones.

BUSINESS

JTA launches civil lawsuit against GL

Business, Pathom Sangwongwanich, Published on 16/01/2018

» J Trust Asia Pte Ltd (JTA) has filed lawsuits against SET-listed Group Lease Plc (GL), requesting compensation for alleged wrongful acts, avoidance of voidable transactions and false claims of damages.

BUSINESS

PACE may postpone fair value report for regulator

Business, Pathom Sangwongwanich, Published on 16/01/2018

» Pace Development Corporation Plc (PACE) is considering postponing a clarification of the fair value measure of its investment projects, as demanded by the Securities and Exchange Commission (SEC), because the company's financial adviser remains under evaluation.