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BUSINESS

Kerry may profit in 2018

Business, Published on 22/08/2017

» Kerry Express Thailand expects its parcel delivery business to turn a profit for the first time in 2018 after 13 years of losses since its inception, says executive director Alex Ng.

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BUSINESS

TCP allots B100m to market new Sponsor

Business, Published on 22/08/2017

» TCP Group, the manufacturer of Sponsor, has set aside 100 million baht as a marketing budget to promote its new carbonated drink -- Life by Sponsor -- with an aim to maintain its leadership in Thailand's 5-billion-baht electrolyte drink market.

BUSINESS

SCB sanguine about Pace

Business, Somruedi Banchongduang, Published on 22/08/2017

» Siam Commercial Bank (SCB), a creditor of Pace Development Corporation Plc, has played down market worries, saying there is no sign the luxury property developer will miss its debt payments because of the company's positive cash flow.

BUSINESS

Thitikorn aims to extend leasing arm

Business, Nuntawun Polkuamdee, Published on 22/08/2017

» SET-listed Thitikorn Plc (TK), Thailand's largest motorcycle lender, is set to acquire leasing businesses at home and abroad to further expand its loan portfolio.

BUSINESS

WHA eyes ministry's investment promotion drive

Business, Lamonphet Apisitniran, Published on 22/08/2017

» SET-listed WHA Corporation Plc, Thailand's biggest developer of build-to-suit logistics facilities, plans to join the Industry Ministry's campaign to promote investment in existing industrial estate zones and capitalise on investment promotions expected to be granted later this year.

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BUSINESS

SCB aspires to No.1 in mobile services

Business, Somruedi Banchongduang, Published on 22/08/2017

» Siam Commercial Bank (SCB), the country's third-largest lender by assets, aims to knock Kasikornbank (KBank) off its perch as the top mobile banking provider by next year and reach 10 million users by 2020.

BUSINESS

BoT mulls further anti-speculation steps

Business, Pawee Sirimai, Published on 22/08/2017

» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.

BUSINESS

GDP up 3.7%, best since 2013

Business, Published on 22/08/2017

» The economy grew at its fastest pace in more than four years in the second quarter, prompting the government's planning unit to raise its 2017 economic growth forecast range to 3.5-4% from 3.3-3.8% projected in May.

BUSINESS

Gunkul sees profit from construction

Business, Yuthana Praiwan, Published on 22/08/2017

» SET-listed Gunkul Engineering Plc, a provider of engineering services and renewable power, remains confident that robust revenue from construction will offset smaller gains from renewable power capacity.

BUSINESS

Determination of Section 40(8) income

Business, Lawalliance Limited Company, Published on 22/08/2017

» The government recently introduced a tax incentive programme to encourage individuals, including ordinary partnerships and groups of persons, to reorganise their businesses and operate them in the form of a company limited or a juristic partnership. This would make it easier to screen them for tax compliance, given the need to prepare statutory accounts.