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BUSINESS

PDMO sees increase in borrowing

Business, Wichit Chantanusornsiri, Published on 16/02/2016

» The Public Debt Management Office (PDMO) managed to borrow 265 billion baht in the October-December quarter of fiscal 2016, almost 68% of this fiscal year's planned deficit.

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BUSINESS

Mercedes-Benz expectsto ride tide of strong sales

Business, Piyachart Maikaew, Published on 16/02/2016

» Mercedes-Benz Leasing (Thailand), the local financial unit of the German luxury car maker, expects strong, continued growth this year on the back of healthy car sales.

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BUSINESS

Microsoft revs up local cloud campaign

Business, Suchit Leesa-nguansuk, Published on 16/02/2016

» Microsoft is pushing into Thailand's cloud computing market to capitalise on the rapid uptake of the emerging technology, the availability of high-speed wireless internet and low upfront IT investment costs.

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BUSINESS

State data centre roadmap gets green light for 2016

Business, Komsan Tortermvasana, Published on 16/02/2016

» The government has outlined the first phase of a roadmap for construction of new state data centres, starting this year.

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BUSINESS

GL aims for B1bn in net profit

Business, Published on 16/02/2016

» Group Lease Plc (GL), a SET-listed hire-purchase company, seeks to double its lending value in neighboring states this year while also maintaining its domestic portfolio.

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BUSINESS

Proud ready to put stamp on Phuket

Business, Chadamas Chinmaneevong, Published on 16/02/2016

» Proud Real Estate Co, owned by the Liptapanlop family, will spend at least 3 billion baht to open Phuket's first InterContinental-brand hotel, aimed at serving high-end tourists.

BUSINESS

Nippon Pack pushing that frosty mug sensation

Business, Pitsinee Jitpleecheep, Published on 16/02/2016

» SET-listed packaging maker Nippon Pack (Thailand) Plc (NPP) has diversified into foods by acquiring a franchise licence to operate A&W Restaurants in Thailand, Myanmar and Laos.

BUSINESS

Wave plans expansion of Jeffer chain

Business, Nanat Suchiva, Published on 16/02/2016

» SET-listed Wave Entertainment Plc is bringing fresh appeal to its steak restaurants with the aim of tripling revenue to almost 1.6 billion baht in the next five years.

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BUSINESS

HSBC decides to keep HQ in London

Business, Reuters, Published on 16/02/2016

» LONDON/HONG KONG: Global banking giant HSBC Holdings Plc has decided to keep its headquarters in London, rejecting the option of shifting its centre of gravity back to its main profit-generating hub Hong Kong after a thorough 10-month review.

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BUSINESS

Ministries weigh pros, cons of TPP

Business, Wichit Chantanusornsiri, Published on 16/02/2016

» The Trans-Pacific Partnership (TPP) will give Thailand's overall economy a boost if the country joins one of the world's biggest multinational trade deals, but it needs to seek measures to remedy sectors expected to be hit by the new trade bloc, says Finance Minister Apisak Tantivorawong.