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BUSINESS

Officials quash coal use at NPS's Prachin Buri plant

Business, Yuthana Praiwan, Published on 24/05/2019

» National Power Supply Co, the power generation arm of Double A Power Co, has been ordered by policymakers to shift from coal to natural gas to generate electricity at NPS's long-delayed power plant.

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BUSINESS

Grand Unity eyes Taiwan, HK buyers

Business, Kanana Katharangsiporn, Published on 24/05/2019

» Grand Unity Development Co will hold roadshows in Taiwan and Hong Kong next month to tap foreign buyers for a new luxury condo project on Sathon Road amid a sluggish domestic market.

BUSINESS

Line, Workpoint launch combined rating format

Business, Suchit Leesa-nguansuk, Published on 24/05/2019

» Line Thailand and Workpoint Entertainment Plc have collaborated to introduce the "combined reach rating", a measure that combines user viewership of both online and offline platforms for advertising agencies to maximise ad spending and increase revenue sources for content owners.

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BUSINESS

Ikea touts e-commerce to boost sales

Business, Pitsinee Jitpleecheep, Published on 24/05/2019

» Ikea has launched its online store as the Swedish furniture chain seeks to attract forward-looking customers in Thailand.

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BUSINESS

New MoU aims to sideline rulebreakers

Business, Wichit Chantanusornsiri, Published on 24/05/2019

» The Government Pension Fund (GPF) plans to join forces with several large institutional investors to ban hoarding of shares of listed companies whose executives break the law or are involved in irregular trading behaviour.

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BUSINESS

GH Bank falling 30% short of loan target

Business, Nuntawun Polkuamdee, Published on 24/05/2019

» GH Bank is set to miss its loan growth target by 30% this year, restrained by the Bank of Thailand's new loan-to-value (LTV) policy, says president Chatchai Sirilai.

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BUSINESS

FTI's export forecast gets another trim

Business, Lamonphet Apisitniran, Published on 24/05/2019

» The Federation of Thai Industries (FTI) will revise its export growth projection for this year to 0-1%, blaming the deepening US-China trade war for dampening economic sentiment.

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BUSINESS

New US measures to raise costs for food shippers

Business, Phusadee Arunmas, Published on 24/05/2019

» Thai food exporters are being urged to study and prepare for stringent new US measures on imported food aimed at combating increasing cases of foodborne illness.

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BUSINESS

Ratch seeks partners for 2 gas-fired plants

Business, Yuthana Praiwan, Published on 24/05/2019

» SET-listed Ratch Group is seeking business partners for two units of a gas-fired power plant in Ratchaburi province, with a combined power generation capacity of 1,400 megawatts (MW).

BUSINESS

Fitch warns of shadow banking

Business, Published on 24/05/2019

» Despite improved bank credit profiles since the 2008 global financial crisis, shadow banking poses growing systemic risks for financial stability as it exhibits notable post-crisis growth, says Fitch Ratings.