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WORLD

Officials committed to Dawei

Business, Chatrudee Theparat, Published on 08/09/2016

» Thai officials and their Myanmar counterparts remain committed to the long-awaited Dawei megaproject, with the Myanmar-Thailand Joint High-Level Committee (JHC) and the Joint Coordinating Committee (JCC) to be set up soon to foster development.

BUSINESS

New system urged to speed settlement

Business, Wichit Chantanusornsiri, Published on 08/09/2016

» The government is pushing relevant parties to set up a central securities settlement system in a bid to shorten the T+3 settlement cycle to T+2.

BUSINESS

GL acquires 71.9% stake in Myanmar microfinancier

Business, Nuntawun Polkuamdee, Published on 08/09/2016

» SET-listed Group Lease Plc (GL) is flexing its muscles in Myanmar by acquiring a 71.9% stake in a microfinance lender there.

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BUSINESS

Summit to challenge banks head-on

Business, Somruedi Banchongduang, Published on 08/09/2016

» Summit Capital Leasing, the motorcycle lending arm of Tokyo-based Sumitomo Corporation, has branched out into the high-yield personal loan business to cash in on strong demand as banks tighten their approval criteria.

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OPINION

Seeing red as road signals go manual

News, Umesh Pandey, Published on 08/09/2016

» I do not know if it is just my pure bad luck or if it is the entire city that has been in gridlock over the past few weeks.

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BUSINESS

Analytics centre up in 2016

Business, Komsan Tortermvasana, Published on 08/09/2016

» Thailand's first government data analytics centre will be set up by the Information and Communication Technology (ICT) Ministry this year to serve as a data-sharing platform between state agencies.

BUSINESS

B Grimm Power earmarks B59bn to treble capacity by 2021

Business, Yuthana Praiwan, Published on 08/09/2016

» B Grimm Power Co plans to treble its power-generating capacity to 5,000 megawatts with capital expenditure of 59 billion baht within five years, up from the current 1,627MW.

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BUSINESS

VW in N. American truck push

Business, Reuters, Published on 08/09/2016

» CHICAGO/FRANKFURT: Volkswagen AG has agreed to an engine technology and purchasing alliance with truckmaker Navistar International Corp and will buy a stake in the US firm, giving the German company a long-sought foothold in North America and providing cash-strapped Navistar a vital lifeline.

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BUSINESS

Gold shops, drugstores targeted for tax

Business, Wichit Chantanusornsiri, Published on 08/09/2016

» Transforming from owner-operated small and medium-sized enterprises (SMEs) to juristic persons will help operators save 40-50% on their income tax bill, says the head of the Revenue Department.

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OPINION

Don't be stung by Zika complacency

News, Surasak Glahan, Published on 08/09/2016

» What will you do if you come down with a fever, rash, red eyes, muscle and joint pain? Some of us may just take some paracetamol assuming we have contracted seasonal flu, or have a rest.