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Kittiratt pushes investment to offset slumping exports
The Bangkok PostDeputy Prime Minister and Finance Minister Kittiratt Na-Ranong has instructed state agencies to accelerate investment as a main tool to drive the economy, given the slowdown in exports this year. The government will also monitor whether projects are...Tags: Think Tanks, Global Expansion, National Government, Thailand, Economy, Business and Finance
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All 3G operators agree to cut their tariffs
The Bangkok PostMobile operators have bowed to pressure by the National Broadcasting and Telecommunications Commission (NBTC) to lower all their 2G and 3G tariffs by 15% as per regulatory requirements. Secretary-general Takorn Tantasit said the three 3G mobile...Tags: Thailand
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Mono to bid on 3 digital TV channels
The Bangkok PostMono Technology Plc, the mobile content and internet company, plans to bid for three digital TV channels as it believes this will drive its revenue growth above 30% the next few years. The company set a budget of 500-700 million baht to bid for three...Tags: Business Enterprises, Television, Thailand, Entertainment, Computing and Information Technology Industry
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Happyland set to launch upmarket city projects
The Bangkok PostHappyland Group, the 40-year-old property developer, plans to launch two housing projects in Bangkok under the H-Cape brand this year with a combined value of 1.27 billion baht. Chief executive Chayavee Keetaworanart said the projects will target mainly...Tags: New Products, Thailand
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Country Group Securities foresees profits doubling
The Bangkok PostCountry Group Securities (CGS), a fast-growing brokerage focusing on small investors, intends to maintain its No.2 ranking and double its earnings this year. Its first-quarter revenue surged by 95.95% year-on-year to 815 million baht, with 80% coming...Tags: Marketing, Auto Trends, Thailand
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Estates get flood money
The Bangkok PostThe Industrial Estate Authority of Thailand (IEAT) has injected 1.75 billion baht into four flood-prone industrial parks in Ayutthaya and Pathum Thani. Witoon Simachokedee, the industry permanent secretary, said the amount is a first tranche aimed at...Tags: Thailand
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Chinese firms tipped to win tablet bid
The Bangkok PostShenzhen Scope and Yingtao of China are tipped to win the electronic auction to supply 1.63 million tablet computers worth 4.61 billion baht under the state's One Tablet per Child scheme. The e-auction is set to take place by mid-June, according to a...Tags: Science and Technology, Thailand, Huawei Technologies Co. Ltd., Atec Incorporated, Auction Service
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Tata Steel backs dumping safeguards
The Bangkok PostTata Steel (Thailand) Plc (TSTH), Thailand's largest maker of long steel, is upbeat about bouncing back to profitability in its fiscal 2014 started April 1. This confidence stems largely from government pledges to enforce anti-dumping duties on cheap...Tags: Metal, Thailand, China
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BAY opens Laos venture
The Bangkok PostKrungsri Consumer, an unsecured-loan lender under Bank of Ayudhya (BAY), plans to commence its auto and personal loan joint venture in Laos in July. BAY's two financial arms _ Krungsri Consumer and Ayudhya Capital Auto Lease (Krungsri Auto) _ each own...Tags: Marketing, Laos, Credit and Debt, Loans, Thailand
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Thirachai hails BoT plan, slams rate-cut advocates
The Bangkok PostFormer finance minister Thirachai Phuvanatnaranubala has warned that a policy rate cut cannot tame the influx of capital inflows but would instead create a bubble in the economy. Mr Thirachai, himself a former deputy governor of the central bank,...Tags: Central Bank, Economic Policy, Bonds, Thailand, Executive Branch
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Cable TV battle royale
The Bangkok PostTwo giant pay-TV operators, Cable Thai Holding (CTH) and TrueVisions, are waging a marketing battle to lure customers. CTH will introduce major sponsors for English Premier League (EPL) games from 2013-15 next Tuesday. EPL packages will be launched on...Tags: Television Industry, PGA Tour, Thailand, BBC, Ryder Cup
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Middle East stakes claim
The Bangkok PostAirports in Asia-Pacific recorded slower growth in passenger traffic than those in the Middle East in this year's first quarter, reflecting the latter's rising importance as a new air transport hub. Passenger traffic through Asia-Pacific airports...Tags: Abu Dhabi (United Arab Emirates), Thailand, Dubai (United Arab Emirates), Asia, Air Transportation Industry
May 17, 2013
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