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BUSINESS

Headwinds expected for auto industry

Business, Piyachart Maikaew, Published on 03/01/2018

» Thailand's automotive industry is forecast to face myriad negative external factors, though the domestic market is expected to gain momentum in line with the country's GDP.

BUSINESS

PACE to issue 400m shares

Business, Pathom Sangwongwanich, Published on 04/01/2018

» SET-listed Pace Development Corporation (PACE) on Wednesday announced its board of directors had approved the allocation of 400 million new ordinary shares to Siam Commercial Bank (SCB) through a private placement, intending to help improve the company's financial liquidity.

BUSINESS

Cabinet backs B4bn for subsidised housing

Business, Chatrudee Theparat, Published on 04/01/2018

» The cabinet yesterday approved 4 billion baht to build houses for low-income earners and allow the private sector to form a joint venture with the government for related construction projects.

BUSINESS

BoT: Economy failed to reach growth potential

Business, Pathom Sangwongwanich, Published on 04/01/2018

» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.

BUSINESS

Rising oil prices expected to drive inflation in 2018

Business, Post Reporters, Published on 04/01/2018

» The government's forecast for inflation this year is 0.6-1.6% on expected increases in oil prices after 2017 saw inflation of 0.66%.

BUSINESS

BFF shows that small can be beautiful

Business, Pitsinee Jitpleecheep, Published on 04/01/2018

» Thai women are known for being beauty-conscious, luring cosmetics brands to the country irrespective of the economic conditions.

LIFE

Data consumption to soar

Business, Komsan Tortermvasana, Published on 04/01/2018

» The telecom sector in 2018 is expected to continue revenue growth of 2% more than GDP growth, in line with growing data consumption from users communicating via multimedia services, especially through over-the-top (OTT) platforms.

BUSINESS

Ban on trans fat could boost palm oil

Business, Pitsinee Jitpleecheep & Jesus Alcocer, Published on 04/01/2018

» The proposed ban on trans fat will force restaurants and cooking oil makers to modify their products, but the change may be a boon to the palm oil sector, an industry heavily supported by the government's Palm Oil and Palm Oil Industries Development Strategy.

BUSINESS

Retailers on track to expand at a slower clip

Business, Pitsinee Jitpleecheep, Published on 04/01/2018

» Boosted by an improving market environment, retailers are expected to continue expanding in 2018, but at a slower pace dictated by the mounting threat from online shopping.

BUSINESS

KTAM has high hopes for TFF

Business, Nuntawun Polkuamdee, Published on 04/01/2018

» Thailand Future Fund (TFF), projected to be launched in the first quarter of 2018, is expected to attract both local and foreign investors seeking out lucrative returns, says Krungthai Asset Management (KTAM).