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BUSINESS

Rice shippers take dimmer view of 2019

Business, Phusadee Arunmas, Published on 31/01/2019

» Rice exporters forecast Thailand to ship 9.5 million tonnes this year, 500,000 tonnes shy of the Commerce Ministry's forecast and 1.6 million tonnes less than the total shipped in 2018.

BUSINESS

VietJet posts 24% growth in revenue

Business, Published on 31/01/2019

» VietJet Aviation Joint Stock saw a 24% increase in total revenue last year from 2017, earning 71 billion baht, of which 49 billion was from air transport (a gain of 49%).

BUSINESS

KK decelerates lending on uncertainty

Business, Somruedi Banchongduang, Published on 31/01/2019

» Kiatnakin Bank (KK) has set a conservative lending growth target of 8% this year, far below last year's 18.5% increase, amid several uncertainties, particularly the possibility of new lending regulations.

BUSINESS

Defence promotion plan ignited

Business, Published on 31/01/2019

» The development plan for defence, one of the 12 targeted S-curve industries for which the government is beefing up investment promotion, is set to go before the cabinet for vetting and approval some time in February.

BUSINESS

PTTEP net profit skyrockets 89% in 2018

Business, Published on 31/01/2019

» SET-listed oil and gas drilling firm PTT Exploration and Production Plc (PTTEP) reported an 89% year-on-year surge in 2018 net profit, mainly driven by higher sales volume and higher average sales price.

BUSINESS

Minister urges baht to be reined in

Business, Wichit Chantanusornsiri, Published on 31/01/2019

» Finance Minister Apisak Tantivorawong urged the Bank of Thailand to rein in the strengthening baht after the currency hit a nine-month high against the greenback.

BUSINESS

OIE promises Euro 5 compliance by 2021

Business, Piyachart Maikaew, Published on 31/01/2019

» The Office of Industrial Economics (OIE) has ordered car manufacturers and distributors to comply with the Euro 5 standard on all Thai-made and imported vehicles sold locally by 2021, while hybrid and plug-in hybrid electric vehicles (EVs) must also comply with Euro 6.

BUSINESS

WHA predicts 'exponential growth' from all units

Business, Piyachart Maikaew, Published on 31/01/2019

» SET-listed WHA Corporation Plc set an ambitious growth target of 70% year-on-year for 2019 revenue and profit-sharing, with capital expenditure from 2018-22 allotted 45 billion baht.

LIFE

Far out

Life, Tatat Bunnag, Published on 31/01/2019

» Following two successful concerts last year, Thailand's renowned love balladeer/songwriter/producer Boyd Kosiyabong returned with the third and final instalment of his themed concert series "Boyd50th #3 Million Ways To Love", which will take place on Sunday at Impact Arena Muang Thong Thani.

LIFE

Klongsan Fest celebrates everything halal

Life, Melalin Mahavongtrakul, Published on 31/01/2019

» This weekend, head to the Suwannaphum Mosque community in Klongsan to get to know this old Muslim neighbourhood and taste some amazing halal food.