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BUSINESS

Golden Land speeds finish of CBD tower

Business, Kanana Katharangsiporn, Published on 15/03/2018

» SET-listed Golden Land Property Development Plc (GOLD) will complete an office tower at Samyan Mitrtown with a lettable area of 48,000 square metres in October 2019, three months faster than scheduled.

BUSINESS

Boon Rawd upping food game

Business, Pitsinee Jitpleecheep, Published on 14/03/2018

» Boon Rawd Brewery Co, the maker of Singha beer, looks set to splurge 5 billion baht to expand its food business globally, aiming to raise its food sales to 15 billion over the next three years.

BUSINESS

Aapico seeking to make Japan inroads

Business, Piyachart Maikaew, Published on 14/03/2018

» SET-listed auto parts maker Aapico Hitech Plc (AH) is studying the feasibility of entering the Japanese market after acquiring a 25.1% stake in Indian holding company Sakthi Global Auto Holdings Limited (SGAH) last May.

LIFE

10% crypto levy mulled

Business, Wichit Chantanusornsiri and Nuntawun Polkuamdee, Published on 13/03/2018

» A possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry.

BUSINESS

Analysts think SET could break 1,900

Business, Nuntawun Polkuamdee, Published on 13/03/2018

» Despite financial volatility, the Stock Exchange of Thailand (SET) index could peak at 1,910 points this year, buoyed by strong earnings of listed companies, says the Investment Analysts Association (IAA).

BUSINESS

Growth-minded TTA eyes overseas M&A opportunities

Business, Lamonphet Apisitniran, Published on 12/03/2018

» SET-listed Thoresen Thai Agencies Plc (TTA) seeks an expansion into overseas countries, covering shipments, food and beverage, logistics and water management, expecting those new businesses to beef up its future earnings.

BUSINESS

CMAN looking to dig into global top 10 lime players

Business, Nuntawun Polkuamdee, Published on 12/03/2018

» Chememan Plc (CMAN), Thailand's largest lime and lime derivative chemicals maker and distributor, is aiming for annual lime production capacity to reach 1 million tonnes by 2020.

BUSINESS

Fear of Trumped-up trade war keeps investors on edge

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 10/03/2018

» Recap: Despite rebounding at the end of the week, global stock markets remain volatile amid worries about a looming trade war following broad US imposition of import duties of 25% on steel and 10% on aluminium.

BUSINESS

GH Bank eyes B189bn target

Business, Wichit Chantanusornsiri, Published on 09/03/2018

» State-owned GH Bank has earmarked 28.5 billion baht for five low-rate mortgage packages this year in a bid to help the bank achieve the 2018 lending target of 189 billion.

BUSINESS

Julius Baer, SCB to advise on wealth

Business, Jesus Alcocer & Darana Chudasri, Published on 09/03/2018

» Siam Commercial Bank (SCB) has joined with Swiss private banking group Julius Baer to offer global wealth management solutions to high net worth Thai investors, in line with the bank's goal of doubling the wealth management segment to 1.2 trillion baht by 2023.