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THAILAND

Urban evictions pose growing threat, government told

News, Paritta Wangkiat, Published on 06/10/2015

» Activists and people who face housing problems have urged the United Nations Secretary-General Ban Ki-moon to push the government to solve the problem of eviction in urban communities and approach development policies which take into account human rights.

BUSINESS

PTT sets B4.2bn debt issue

Business, Yuthana Praiwan, Published on 06/10/2015

» SET-listed PTT Plc, the national oil and gas conglomerate, is issuing new debentures worth 4.2 billion baht to shore up liquidity.

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WORLD

World Bank, SCB unit slash views

Business, Pathom Sangwongwanich, Published on 06/10/2015

» The World Bank and the SCB Economic Intelligence Center (EIC) have jumped on the forecast-cutting bandwagon for this year and next, fanning fears that there is no light at the end of tunnel for the Thai economy.

BUSINESS

IBank keen on 2016 deal

Business, Wichit Chantanusornsiri, Published on 06/10/2015

» The state-owned Islamic Bank of Thailand (IBank) expects its search for a partner will conclude in next year's first quarter, with the Finance Ministry maintaining at least 25% ownership in the beleaguered bank.

BUSINESS

Operators seek SEZ perks

Business, Lamonphet Apisitniran, Published on 06/10/2015

» Renewable energy operators are urging the government to extend the corporate income tax break for investment in special economic zones (SEZs) to 13 years from the current eight.

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BUSINESS

TAT intends to boost domestic tourism

Business, Chadamas Chinmaneevong, Published on 06/10/2015

» The head of the Tourism Authority of Thailand (TAT) has set a goal of raising the contribution of domestic tourism to 40% of total revenue in the next four years from 30% now.

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BUSINESS

Nation executives face possible arrest

Business, Post Reporters, Published on 06/10/2015

» Lumpini police station is threatening to issue arrest warrants for Suthichai Yoon and Sermsin Samalapa, two executives of SET-listed Nation Multimedia Group Plc (NMG), after they did not show up to hear their charges Monday.

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BUSINESS

Toyota seeks EV infrastructure support

Business, Piyachart Maikaew, Published on 06/10/2015

» Giant Japanese car maker Toyota Motor Corporation is poised to invest in electric vehicle (EV) production here but wants the Thai government to develop a supportive infrastructure first.

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BUSINESS

Somkid eyes crop diversity

Business, Chatrudee Theparat, Published on 06/10/2015

» With the drought expected to worsen next year, the government has pitched the idea of renting rice farmers land and paying them to grow other crops.

THAILAND

Police arrest man, recover goods in B10m plant heist

News, Published on 06/10/2015

» PRACHIN BURI: Police have arrested a man and recovered some goods stolen by a gang in a heist worth almost 10 million baht.