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BUSINESS

Takashimaya makes splash at Iconsiam

Business, Pitsinee Jitpleecheep, Published on 10/11/2018

» Despite the spirited competition among Thailand's department stores, Japan's Takashimaya says it's not planning to compete on price, but instead will focus on product quality and services.

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BUSINESS

PTTGC to recycle plastic

Business, Yuthana Praiwan, Published on 10/11/2018

» SET-listed PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical maker, has announced plans to spend 1 billion baht on a commercial recycling plant for single-use plastic products with a capacity of 30,000-40,000 tonnes per year.

BUSINESS

Education joins list of targeted industries

Business, Chatrudee Theparat, Published on 10/11/2018

» The Eastern Economic Corridor (EEC) Committee yesterday approved adding education to the targeted industries, raising the number of promoted sectors to 12 for the government's flagship initiative.

BUSINESS

Investors brace for next Fed move, SET slides

Business, Published on 10/11/2018

» Recap: US stocks moved sideways after the Federal Reserve made no change to its policy interest rate but signalled it would make a move in December. In Asia, bourses performed poorly following news that Beijing plans to set quotas for banks to pump credit into private companies.

BUSINESS

IBank: 2018 profit in reach, 80% growth seen next year

Business, Wichit Chantanusornsiri, Published on 10/11/2018

» State-owned Islamic Bank of Thailand (IBank) aims for 80% net profit growth in 2019 after turning a profit for the first time in five years this year.

BUSINESS

Weak earnings a slight hiccup

Business, Published on 10/11/2018

» Market Recap: Thai shares moved sideways in the past week, with volatile movement in individual stocks in response to their third-quarter results.

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BUSINESS

Krungsri Consumer's growth guru

Business, Oranan Paweewun, Published on 10/11/2018

» 'Communication, empowerment and technology" are the three words that Thakorn Piyapan uses to sum up how he steers Krungsri Consumer, an unsecured lending arm of Bank of Ayudhya (BAY), which has become the country's largest credit card issuer and personal lender by users under his six-year reign.

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BUSINESS

SET readies digital plan

Business, Published on 10/11/2018

» The Stock Exchange of Thailand (SET) is studying a plan to jump-start the digital asset ecosystem, aiming to integrate traditional and digital exchanges and attract new fund-raising schemes via a new trading platform.

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BUSINESS

Five years in making, megamall makes grand debut

News, Pitsinee Jitpleecheep, Published on 10/11/2018

» Iconsiam made its long-awaited grand debut on Friday to redefine the concept of a "super" luxurious landmark and destination in Thailand.

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BUSINESS

30% down payment for 3rd mortgage

Business, Published on 10/11/2018

» The Bank of Thailand will impose a more stringent required minimum down payment for third and subsequent mortgages of 30% of home price, but it will ease the minimum requirement for a second housing loan to 10-20%, depending on how long a borrower has made payments on the first one.