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BUSINESS

MPC leaves rate alone

Business, Published on 24/04/2014

» The Bank of Thailand’s Monetary Policy Committee (MPC) left its policy interest rate unchanged yesterday but warned first-quarter economic growth could contract and full-year growth come in weaker than forecast as prolonged political strife takes a toll on private investment and tourism.

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BUSINESS

Kesara vows to make bourse a key player

Business, Published on 24/04/2014

» Pushing the Stock Exchange of Thailand (SET) towards becoming a major player in Southeast Asia in the run-up to the Asean Economic Community (AEC) was cited as a major challenge by Kesara Manchusree, who was appointed by the board yesterday to fill Charamporn Jotikasthira’s shoes as the new president.

BUSINESS

PTTEP fully acquires Thai unit of Hess in $1bn deal

Business, Post Reporters, Published on 24/04/2014

» PTT Exploration and Production Plc (PTTEP), Thailand's only publicly listed petroleum explorer, has fully acquired the US-based Hess Corporation's Thai unit for US$1 billion.

BUSINESS

What does fourth-generation procurement look like?

Business, Published on 24/04/2014

» As we mentioned in the first column of this two-part series, our candid interviews with 60 executives throughout Asia-Pacific helped us see where they feel they are lagging in procurement capabilities at a time when such mounting pressures as cost volatility make it more important than ever to catch up.

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BUSINESS

More SME borrowers seeking grace period

Business, Somruedi Banchongduang, Published on 24/04/2014

» The number of small and medium-sized enterprises (SMEs) requesting grace periods for principal loan repayments is rising as they face a liquidity crunch amid the stuttering economy, says Kasikornbank (KBank).

BUSINESS

Ticon plans to raise B2.7bn for growth

Business, Published on 24/04/2014

» Ticon Industrial Connection Plc, the SET-listed developer of ready-built factories and warehouses, will increase its registered capital by 2.7 billion baht to serve expansion and repay debts.

BUSINESS

Thailand ‘needs data law’

Business, Suchit Leesa-nguansuk, Published on 24/04/2014

» Thailand was ranked 28th in the world last year in terms of cybersecurity risks by a global security software firm due to increasingly sophisticated attacks.

BUSINESS

The well-kept secrets of Idea Development

Business, Detlef Reis, Published on 24/04/2014

» In the last column, we discussed the five levels of creativity necessary to produce outstanding innovation. One of those is idea development. Unfortunately, few people know that this level even exists, and even fewer know how to master it. Why?

BUSINESS

TCC beefs up border business

Business, Phusadee Arunmas, Published on 24/04/2014

» The private sector expects border trade to grow by more than 7% this year, helping to offset a sluggish economy hit hard by the political stalemate.

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BUSINESS

Demand for premium big bikes revs up

Business, Piyachart Maikaew, Published on 24/04/2014

» Despite the unfavourable economic situation and tepid local consumption, demand for premium motorcycles is expected to grow this year.