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BUSINESS

CPF cashes in on swine fever, chickens

Business, Phusadee Arunmas, Published on 15/05/2020

» Charoen Pokphand Foods (CPF) expects its best performance ever this year, driven by a pork supply shortage and hardly any impact from the coronavirus pandemic, thanks to diversified overseas investments.

LIFE

Gartner slashes IT spending forecast

Business, Suchit Leesa-nguansuk, Published on 15/05/2020

» Global research firm Gartner has cut Thailand's 2020 IT spending forecast to 649 billion baht, a drop of 9.3% from last year, with the biggest fall predicted in the device segment because of the pandemic.

BUSINESS

A new world view

Business, FleishmanHillard, Published on 15/05/2020

» Consumers say the Covid-19 pandemic has changed their entire view of the world and their own country, according to a survey of six major economies by FleishmanHillard, a multinational public relations and marketing agency.

BUSINESS

Post-Covid retail transformation

Business, CBRE, Published on 15/05/2020

» Despite the challenges posed by the Covid-19 pandemic, many industries are eagerly waiting to resume activity with adjusted plans and targets for the third and fourth quarters of 2020.

BUSINESS

Somkid: Aid for keeping employees on payroll coming

Business, Wichit Chantanusornsiri, Published on 15/05/2020

» The Finance Ministry will offer assistance to business operators that pledge to keep workers on the payroll as the economy is ravaged by the pandemic, according to Deputy Prime Minister Somkid Jatusripitak.

BUSINESS

Tourism hotspots await hotel investors

Business, Dusida Worrachaddejchai, Published on 15/05/2020

» The massive blow to the tourism industry caused by the outbreak may offer an opportunity for hotel investors waiting for property sales, but operators in Chiang Mai and Phuket have yet to witness that phenomenon.

BUSINESS

EA chief advises change in direction

Business, Yuthana Praiwan & Srisamorn Phoosuphanusorn, Published on 15/05/2020

» Thailand is no longer in a position to profit off manufacturing and commodities driven by cheap labour and should instead pivot towards value-added products to recover after the lockdown, says renewable energy tycoon Somphote Ahunai.

BUSINESS

Q3 rebound eyed from relief boost

Business, Chatrudee Theparat, Published on 15/05/2020

» Thai GDP in the first and second quarters of 2020 faces a sharp year-on-year decline due to the global economic slowdown, widespread drought and coronavirus impact.

BUSINESS

Ratch diversifying into locomotives

Business, Yuthana Praiwan, Published on 15/05/2020

» Ratch Group, Thailand's largest private power generation firm by capacity, says it will diversify into locomotive assembly to serve future demand from various infrastructure projects.

BUSINESS

Jewellery makers seek government lifeline

Business, Phusadee Arunmas, Published on 15/05/2020

» The government is being urged to provide financial support of at least 50 billion baht to the gems and jewellery industry, which has been hit hard by the coronavirus outbreak, to enable producers stay in business and retain skilled labour.