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BUSINESS

Squabble over EEC foreign land

Business, Kanana Katharangsiporn, Published on 19/03/2018

» The much-touted Eastern Economic Corridor (EEC) is aimed at reviving the success of the Eastern Seaboard Development Project from the early 1980s, but one major sticking point drawing polarising opinions is whether to allow foreign companies to have 100% land ownership in real estate.

BUSINESS

One-stop solution eyed for aviation

Business, Jesus Alcocer, Published on 17/03/2018

» Kasem Bundit University aims to solve the aviation industry talent gap by launching a "one-stop total solution" course through its Aviation Personnel Development Institute (APDI).

BUSINESS

B3.8bn allotted to bolster SME revenue

Business, Lamonphet Apisitniran, Published on 16/03/2018

» The government has budgeted 3.81 billion baht for a pilot programme to build up small and medium-sized enterprises (SMEs) in 10 provinces, aiming to double the portion of GDP generated by SMEs to 10% by 2023.

BUSINESS

Big foreign wave set for Songkran

Business, Suchat Sritama, Published on 16/03/2018

» More than 530,000 foreigners are expected to visit Thailand to enjoy Songkran next month, generating income of 9 billion baht.

BUSINESS

BreadTalk looks to rake in dough with new offerings

Business, Jesus Alcocer & Srisamorn Phoosuphanusorn, Published on 16/03/2018

» BreadTalk Group is betting its Singapore-style chicken rice can beat out street food providers of the traditional Thai dish, winning the hearts and stomachs of Bangkokians. This is part of the group's efforts to refocus its Thailand operations on the higher-margin restaurant segment.

BUSINESS

Somkid: KTB to send direct payments

Business, Wichit Chantanusornsiri, Published on 15/03/2018

» Deputy Prime Minister Somkid Jatusripitsak has told state-owned Krungthai Bank (KTB) to create a system for direct payment of welfare and subsidies via smart cards given to recipients of the government's poverty scheme as a way to prevent fraud.

BUSINESS

CBRE: Real estate moving towards the elderly

Business, Suchat Sritama, Published on 15/03/2018

» Leading Thai real estate companies are focusing more on senior housing and aged-care facilities as the country is, by definition, an ageing society, says Phil Smith, head of retirement and healthcare business for CBRE in Australia.

BUSINESS

Uttama: EEC drawing in hordes of interested firms

Business, Lamonphet Apisitniran, Published on 14/03/2018

» Many local and foreign companies have expressed intentions to invest in the flagship Eastern Economic Corridor (EEC) scheme, encouraged by related legislation approved in February, and all projects are expected to get started soon, says Industry Minister Uttama Savanayana.

BUSINESS

A spike in success

Business, Chatrudee Theparat, Published on 14/03/2018

» Udom Waranyurat remains enthusiastic, energetic and highly ambitious as he turns 60 this year.

LIFE

Expat advisers urged to factor in pollution

Business, Jesus Alcocer, Published on 13/03/2018

» Mobility managers must take precautionary measures when assigning workers to highly polluted cities like Bangkok, Hong Kong and New Delhi, says Lee Quane, Asia director of ECA International.