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BUSINESS

Uttama: Budget bill has B400bn for investment

Business, Wichit Chantanusornsiri, Published on 21/02/2020

» State investment worth over 400 billion baht is expected to be pumped into the economy in the second quarter after the passage of the delayed 3.2-trillion-baht annual budget bill for fiscal 2020, says Finance Minister Uttama Savanayana.

BUSINESS

2% GDP growth an optimistic view

Business, Published on 21/02/2020

» We are revising down our real GDP growth forecast for Thailand in 2020 to 2%, from 3% previously, which would mark a slowdown from 2.4% in 2019.

BUSINESS

AIS makes 5G move with 2600MHz slots

Business, Komsan Tortermvasana, Published on 21/02/2020

» Advanced Info Service (AIS) says it will switch on the country's first 5G mobile network on the 2600-megahartz band after making the first instalment payment on Friday for the spectrum won at this week's auction.

BUSINESS

Calls for longer condo transfers for Chinese

Business, Kanana Katharangsiporn, Published on 21/02/2020

» Condo developers should extend the transfer period for Chinese buyers to avoid amplifying the glut, according to property brokerage Angel Real Estate Consultancy Co.

BUSINESS

Car export tally lowest in 93 months

Business, Piyachart Maikaew, Published on 21/02/2020

» The country's car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war.

BUSINESS

FTI: 19 sectors see virus impact

Business, Piyachart Maikaew, Published on 21/02/2020

» The Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China.

BUSINESS

Bankers seek further relief as outbreak hits borrowers

Business, Somruedi Banchongduang, Published on 21/02/2020

» The Thai Bankers' Association (TBA) is set to ask the central bank for a further easing of requirements for loan-loss provisions after banks offered relief measures to customers affected by the coronavirus crisis.

BUSINESS

Department to post price lists for hospital services

Business, Phusadee Arunmas, Published on 21/02/2020

» The Commerce Ministry's Internal Trade Department will post the prices of 300 medical services offered by various private hospitals on its website later this month so people can view them before agreeing to treatment.

BUSINESS

Asian airlines 'stand to lose $27.8bn'

Business, Published on 22/02/2020

» Airlines operating in the Asia-Pacific region stand to lose a combined $27.8 billion of revenue this year in the ongoing coronavirus crisis, according to the International Air Transport Association.

BUSINESS

Pruksa strategises for weak market

Business, Kanana Katharangsiporn, Published on 22/02/2020

» Despite the property market slowdown, SET-listed developer Pruksa Holding (PSH) has pledged to retain its 10% market share with 40 billion baht in revenue projected for 2020.