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BUSINESS

Declining failure rate underlines strength of franchise business

Business, Somporn Thapanachai, Published on 24/01/2012

» The franchise business in Thailand is expected to grow by 17% this year to a value of 160 billion baht as more people look to earn more income by opening their own businesses.

BUSINESS

Cracking low egg prices a top priority

Business, Phusadee Arunmas, Published on 24/01/2012

» Egg prices will be a priority for newly appointed Commerce Minister Boonsong Teriyapirom, as prices have dropped to below cost.

BUSINESS

Dozens of international brands looking for a taste of Thai market

Business, Pitsinee Jitpleecheep, Published on 24/01/2012

» More than 20 international food, beverage and educational chains are exploring local business opportunities.

BUSINESS

Cheap diesel gets another reprieve until Feb 29

Business, Published on 25/01/2012

» The excise tax cut for diesel will be extended until Feb 29 as oil nears US$110 a barrel on tension in the Middle East.

BUSINESS

CPF eyes B650bn revenue in 5 years

Business, Phusadee Arunmas, Published on 25/01/2012

» SET-listed Charoen Pokphand Foods Plc (CPF) is hoping for annual revenue of 650 billion baht five years from now, boosted by a planned expansion at home and abroad.

BUSINESS

Governor steps up criticism of shifting FIDF liabilities

Business, Published on 25/01/2012

» The Bank of Thailand is awaiting clarity on the new executive decree shifting 1.14 trillion baht in debt from the post-1997 financial bailout from the government to the central bank, says governor Prasarn Trairatvorakul.

BUSINESS

New chief pledges to rebuild

Business, Nanchanok Wongsamuth, Published on 25/01/2012

» New Industry Minister M.R. Pongsvas Svasti is committed to restoring confidence among both Thai and foreign investors and speeding up construction of dykes to prevent future floods.

BUSINESS

Rubber advances as government approves purchase plan for growers

Business, Published on 25/01/2012

» Rubber prices rose yesterday after Thailand, the largest producer, approved a plan to buy the material at above-market rates to boost farm incomes and higher oil prices improved the appetite for the raw material in tyre production.

BUSINESS

Bond issuances to skyrocket

Business, Somruedi Banchongduang, Published on 25/01/2012

» As interest rates fall to support economic expansion and banks pay a higher deposit-protection fee, corporate bond issuances are expected to increase this year as a cheaper source of funds, say banking executives.

BUSINESS

Banks can now trade for SMEs

Business, Parista Yuthamanop, Published on 25/01/2012

» The Bank of Thailand has issued new rules allowing banks to carry out a broad array of derivatives business on the futures exchange board.