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BUSINESS

Tink Labs touts Handy platform

Business, Suchat Sritama, Published on 09/01/2018

» Hong Kong-based Tink Labs Ltd, operator of an interactive mobile platform for hotels, is expanding into Thailand with the goal of servicing more than 140,000 rooms this year.

BUSINESS

Thai Volvo predicts strong 2018 sales tally

Business, Piyachart Maikaew, Published on 09/01/2018

» Swedish brand Volvo Car Thailand has a positive outlook on sales performance for 2018, predicting sales of 1,500 vehicles after posting a strong performance last year.

BUSINESS

Breaking the gridlock in project financing

Business, Wirot Poonsuwan, Published on 09/01/2018

» An assignment of all construction and supply contracts is invariably an essential element of the security package required by syndicates of Thai banks for financing large construction projects. These include metropolitan mass-rapid rail transit, toll roads, provincial power plants, industrial facilities in the Eastern Economic Corridor, offshore oil and gas platforms, mixed-use commercial and residential complexes in the capital's central business district, and others.

BUSINESS

Two banks to offer B110bn in lending

Business, Wichit Chantanusornsiri, Published on 09/01/2018

» The second phase of the government's welfare and subsidy scheme, which will go before the cabinet for approval today, will contain a 110-billion-baht loan from two state-owned banks to allow the poor better access to financial sources, employment training and hopefully jobs.

BUSINESS

BoT signs currency swap with China

Business, Published on 09/01/2018

» The Bank of Thailand has reached an agreement to extend bilateral currency swap worth 70 billion yuan (370 billion baht) with the People's Bank of China (PBC) for another three years.

BUSINESS

KC Property terminates 2 following SEC accusations

Business, Pathom Sangwongwanich, Published on 09/01/2018

» KC Property Plc has announced that two persons implicated in fraudulent acts accused by the Securities and Exchange Commission (SEC) have been expelled from the company.

BUSINESS

TCG plan to hike SME credit access

Business, Wichit Chantanusornsiri, Published on 09/01/2018

» The state-owned Thai Credit Guarantee Corporation (TCG) plans to extend its credit guarantee service for leasing and factoring offered by non-bank companies from this quarter, in a move to give small and medium-sized enterprises (SMEs) better access to finance.

LIFE

Disruptive tech to impact negotiations

Business, Phusadee Arunmas, Published on 09/01/2018

» With the arrival of disruptive technology, negotiators say trade talks will no longer centre on only tariff and non-tariff measures, social issues, labour, human rights and geopolitics, but also strategic partnerships in the services sector, intellectual property, value-added goods, technology transfers and human resource development.

BUSINESS

SEC offers new API system for information disclosure

Business, Published on 10/01/2018

» The Securities and Exchange Commission (SEC) has announced information disclosure on the capital market through the SEC application programming interface (API) to enhance the private sector's access channels for data analysis.

BUSINESS

SEZ lease bids aim to reap over B6bn

Business, Wichit Chantanusornsiri, Published on 10/01/2018

» The Treasury Department is expected to fetch at least 6 billion baht for the government's coffers from auctions of state land to be developed into special economic zones (SEZ) in Tak, Nakhon Phanom and Kanchanaburi provinces under 50-year lease contracts.