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BUSINESS

Pace shares dip again after surge

Business, Published on 23/02/2018

» The share price of financially beleaguered Pace Development Plc (PACE) fell Thursday following a substantial rise on Wednesday after the company embarked on a capital increase through a rights offering of new shares.

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BUSINESS

Joox striving to amplify revenue

Business, Nanat Suchiva, Published on 23/02/2018

» Streaming music application Joox, operated by Tencent Holdings Ltd, aims to attract more VIP subscribers to strengthen its audiences engagement and generate long-term revenue.

BUSINESS

Uber Eats adding cheap menu options

Business, Suchit Leesa-nguansuk, Published on 23/02/2018

» Uber Eats, the online food delivery service, plans to increase affordable menu options with an aim to increase the frequency of customer orders and capitalise on the country's 26-billion-baht food delivery market.

BUSINESS

Record-smashing Supalai reports provincial condo pick-up

Business, Kanana Katharangsiporn, Published on 23/02/2018

» SET-listed developer Supalai Plc (SPALI) posted record highs in revenue, net profit and presales in 2017.

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BUSINESS

MQDC eyes B12bn in transfer revenue

Business, Kanana Katharangsiporn, Published on 23/02/2018

» Magnolia Quality Development Corporation Ltd (MQDC), a property firm owned by the Chearavanont family, expects to transfer condominium units worth a combined 12 billion baht this year, six times that of 2017.

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BUSINESS

SCBAM mulls new crypto fund

Business, Nuntawun Polkuamdee, Published on 23/02/2018

» SCB Asset Management (SCBAM) aims to retain its top spot in terms of assets under management (AUM) in the industry through offering new investment products, with the possibility of launching a cryptocurrency fund.

BUSINESS

SiamSquared plans $12m ICO presale for March 22

Business, Darana Chudasri, Published on 23/02/2018

» SiamSquared Technologies, a Thai startup and developer of the StockRadars mobile application, plans to raise funds through an initial coin offering (ICO) worth US$12 million (379 million baht), with a pre-sale scheduled for March 22.

BUSINESS

Carabao shares nosedive on dismal 2017 results

Business, Published on 23/02/2018

» Shares of SET-listed Carabao Group Plc (CBG) slid drastically by 14% yesterday as investors were disappointed by the company's lower-than-expected operating results in 2017.

BUSINESS

Tris Rating: Corporate bonds to outpace loans

Business, Somruedi Banchongduang, Published on 23/02/2018

» Tris Rating estimates Thai corporate bonds outstanding will outpace corporate loans in the next few years as large companies capitalise on the lower financial costs of bond issuance.

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BUSINESS

Khon Kaen's Mice plan gets official backing

Business, Suchat Sritama, Published on 23/02/2018

» The Thailand Convention and Exhibition Bureau (TCEB) and the Tourism Authority of Thailand (TAT) are set to work on Mice campaigns to boost visitors to Khon Kaen province.