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BUSINESS

Manufacturing game-changers

Business, Published on 11/01/2018

» The Internet of Things (IoT) being built into product design, more service-centred business models, and 3D printing delivering major benefits have emerged as game-changing trends for manufacturing this year, according to IFS, a multinational enterprise software solutions specialist. The following article examines the three trends in detail.

BUSINESS

City Realty dusting off vacant lots

Business, Kanana Katharangsiporn, Published on 11/01/2018

» Cautious property developer City Realty Co, owned by Chali Sophonpanich, plans to brush up a vacant eight-rai plot on Wireless Road to co-develop a luxury project with Hong Kong-based developer HKR International Ltd (HKRI).

BUSINESS

SCB teams up with Prudential

Business, Darana Chudasri, Published on 11/01/2018

» Siam Commercial Bank (SCB) aims for 30% growth in premiums through its bancassurance distribution channel this year after it struck a partnership agreement with Prudential Life Assurance (Thailand) to sell insurance products targeted at the bank's wealthy customers.

BUSINESS

Ministry: B100bn to EEC in 2018

Business, Lamonphet Apisitniran, Published on 11/01/2018

» The Industry Ministry is confident that investment value in the flagship Eastern Economic Corridor (EEC) will reach 100 billion baht in 2018, thanks to the rise of new S-curve industries.

BUSINESS

Plan to sell Huawei smartphones in US halted

Reuters, Published on 11/01/2018

» NEW YORK: US telecoms carrier AT&T has dropped plans to sell Chinese brand Huawei's smartphones in the United States, dealing a setback to the No.3 global phone maker's expansion plans, according to news reports.

BUSINESS

SCB, Prudential reach bancassurance deal

Reuters, Published on 10/01/2018

» Siam Commercial Bank Plc, the second largest bank by assets, and Prudential Life Assurance (Thailand), a unit of UK-based Prudential Plc, have signed a bancassurance partnership deal aimed at the lender's wealthy clients.

BUSINESS

Raising funds from the rising sun

Rathawat Kuvijitrsuwan, Published on 10/01/2018

» Last year saw a wave of foreign investment in the Thai property market in the form of project-by-project development joint ventures.

BUSINESS

KBank's new notes get mixed ratings

Business, Published on 10/01/2018

» Fitch Ratings has assigned an expected "BBB+(EXP)" rating with a stable outlook for Kasikornbank's (KBank) US dollar-denominated senior unsecured notes, while a Baa1 rating for these notes was assigned by Moody's Investors Service.

BUSINESS

Mastercard notes slight increase in local consumer sentiment

Business, Published on 10/01/2018

» Local consumers were optimistic about the Thai economy in the second half of 2017, with a slight increase in the Mastercard Index of Consumer Confidence from the previous six months.

BUSINESS

Thai AirAsia bridges Phuket and Macao

Business, Published on 10/01/2018

» Thai AirAsia (TAA) began its once-daily Macao-Phuket flights on Monday to serve growing tourist demand for both destinations.