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BUSINESS

Demand for hygienic shower toilets surges

Business, Kanana Katharangsiporn, Published on 01/07/2020

» The coronavirus crisis is catalysing adoption of contactless shower toilets as hygiene concerns escalate, says Lixil Thailand, a maker of sanitaryware and housing products.

BUSINESS

PTTOR hopes for fuel sales recovery this month

Business, Yuthana Praiwan, Published on 01/07/2020

» PTT Oil and Retail Business (PTTOR), the retail fuel arm of PTT, expects fuel sales to return to normal in July after a 5-7% decline for four months in a row.

BUSINESS

Central takes on farm supply

Business, Published on 01/07/2020

» Central Group is launching a programme to help rebuild the economy by buying goods from local farmers and small producers and selling the products at discounted prices at the group's 106 shopping plazas nationwide.

BUSINESS

MTL unveils lump-sum health rider

Business, Darana Chudasri, Published on 01/07/2020

» Health protection premiums surged 30% year-on-year at Muang Thai Life Assurance (MTL) in the first four months of 2020, bucking the trend of the company's gross written, renewal and new premiums, which fell across the board in the same period.

BUSINESS

World Bank sees return to prior growth by 2022

Business, Somruedi Banchongduang, Published on 01/07/2020

» The World Bank flagged a warning that 8.3 million workers in Thailand could lose jobs or income from the coronavirus pandemic, but the Thai economy is estimated to bounce back to pre-pandemic level in the next two years as the country eases its coronavirus lockdown.

BUSINESS

Eko creates parent firm after AI startup acquisition

Business, Published on 01/07/2020

» Eko, one of Thailand's largest startups, announced on Monday the creation of a parent company, Amity, after acquiring ConvoLab, a Thai artificial intelligence and chatbot startup.

BUSINESS

BoT to ease further amid deflation risks

Business, Fitch Solutions, Published on 01/07/2020

» We believe the Bank of Thailand will maintain a dovish tilt over the coming quarters, as the economy struggles amid the shock from the Covid-19 pandemic and deflation risks remain elevated.

BUSINESS

Mono Next revealed as firm's new name

Business, Published on 01/07/2020

» SET-listed Mono Technology, a media and content provider, says it will change its name to Mono Next with a new business strategy that highlights movies and series content through its streaming service.

BUSINESS

Confidence index plummets, jobs lost

Business, Dusida Worrachaddejchai, Published on 01/07/2020

» The coronavirus outbreak continues to wreak havoc on Thai tourism, with a key gauge nearing rock bottom in the second quarter and 2.6 million workers in the industry at risk of unemployment.

BUSINESS

Central bank allays NPL concerns

Business, Somruedi Banchongduang, Published on 01/07/2020

» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.