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BUSINESS

AP says Japanese partner remains bullish

Business, Published on 10/01/2018

» SET-listed developer AP Thailand Plc and its Japanese partner, Mitsubishi Estate Group, are committed to jointly investing in four new condominium projects worth 23 billion baht this year, mainly to tap the middle- to high-end segment.

BUSINESS

Koon banks on startups and tourism

Business, Kanana Katharangsiporn, Published on 10/01/2018

» Property developer Koon Estate Co will spend nearly 5 billion baht to develop a luxury hotel on Koh Samui to capitalise on growing tourism, as well as a condominium project worth 1.3 billion baht near National Stadium to tap startups.

BUSINESS

Nod for second phase of welfare scheme funding

Business, Chatrudee Theparat & Wichit Chantanusornsiri, Published on 10/01/2018

» The cabinet yesterday approved 35.67 billion baht for the second phase of the welfare and subsidy scheme for the poor, aiming to help about 1 million people cross the poverty line this year.

LIFE

SCB looking into launching e-market platform on app

Business, Somruedi Banchongduang, Published on 10/01/2018

» Siam Commercial Bank (SCB) is studying launching its own e-marketplace after the Bank of Thailand conducted a public hearing on the platform, says a senior official.

BUSINESS

Prayut agrees to digital TV subsidies

Business, Post Reporters, Published on 10/01/2018

» Prime Minister Prayut Chan-o-cha has agreed to ease the financial burden of digital TV operators, with spokesmen claiming the support is out of sympathy for their financial obligations.

BUSINESS

TNSC: Rebound to continue

Business, Phusadee Arunmas, Published on 10/01/2018

» Thailand's exports are expected to grow 5.5% this year after a strong rebound last year, says the Thai National Shippers' Council (TNSC).

BUSINESS

Chula spearheads Siam innovation centre

Business, Suchit Leesa-nguansuk, Published on 10/01/2018

» Chulalongkorn University has joined hands with government and corporate giants to invest over 350 million baht to launch Siam Innovation District (SID), a new startup and intellectual community centre.

BUSINESS

KBank's new notes get mixed ratings

Business, Published on 10/01/2018

» Fitch Ratings has assigned an expected "BBB+(EXP)" rating with a stable outlook for Kasikornbank's (KBank) US dollar-denominated senior unsecured notes, while a Baa1 rating for these notes was assigned by Moody's Investors Service.

BUSINESS

GGC readies B7bn complex

Business, Yuthana Praiwan, Published on 10/01/2018

» Global Green Chemical Plc (GGC), the SET-listed biochemical arm of PTT Global Chemical Plc (PTTGC), plans to kick off development of its 7-billion-baht biochemical complex by the third quarter.

BUSINESS

Mastercard notes slight increase in local consumer sentiment

Business, Published on 10/01/2018

» Local consumers were optimistic about the Thai economy in the second half of 2017, with a slight increase in the Mastercard Index of Consumer Confidence from the previous six months.