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SCB sees growth in third quarter

Friday October 18, 2019

Siam Commercial Bank and its subsidiaries have announced a third-quarter consolidated net profit of Bt14.8 billion, 40.8 per cent higher than the same period last year. Les mer >>>

Thai Oil targets profits of Bt30 bn by 2030

Friday October 18, 2019

Thai Oil Plc is targeting net profits of US$1 billion (Bt30.3 billion) in 2030, up from $312 million last year once it completes the development of the Clean Fuel Project (CFP) in 2023 and Beyond CFP in 2029, Thai Oil president Wirat Uanarumit said. Les mer >>>

Don Mueang Airport duty-free concession up for bids

Friday October 18, 2019

Airports of Thailand (AOT) invited bids for concessions to the duty-free zone in Don Mueang Airport on Thursday (October 17), with AOT president Nitinai Sirismatthakarn saying the concession will run from October 1, 2023 to March 31, 2034. Les mer >>>

Commerce Ministry sets 4 clear strategies to boost export market

Friday October 18, 2019

The Commerce Ministry has come up with four strategies to boost export next year, including plans to expand existing major markets, namely the US, European Union, Japan, China and Asean. Les mer >>>

Opposition rejects 2020 budget, accuses govt of focusing more on arms than people’s hardship

Friday October 18, 2019

The opposition attacked the government for prioritising military spending instead of helping people cope with economic hardships on Thursday (October 17), as Parliament began debating the budget bill. Les mer >>>

Study outlines reasons for lack of investment among Thais

Thursday October 17, 2019

The low rate of investment by Thais stems from a lack of financial liquidity, rather than limited investment know-hows, a study commissioned by GoBear shows. Les mer >>>

ADB to pour Bt3 billion in Energy Absolute's green bonds

Thursday October 17, 2019

The Asian Development Bank (ADB) will invest Bt3 billion ($98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will help support long-term financing of the company’s 260-megawatt (MW) Hanuman wind farm in Thailand. Les mer >>>

South Korea seeks closer Asean cooperation amid trade tensions with Japan

Thursday October 17, 2019

The South Korean Minister of SMEs and Startups Park Young-sun along with about 40 high-level representatives from the Republic of Korea and Asean nations were in Seoul this week to attend the launch of the “Asean Korean Train: Advancing Together”. The event, which kicked off on Wednesday, was hosted by the Ministry of Foreign Affairs and organised by the Asean-Korea Centre (AKC) to promote economic and socio-cultural cooperation between Asean Member States and the Republic of Korea. The 10-nati Les mer >>>

Mmm, fruit flies! Thai Union Group investing in latest food-tech

Thursday October 17, 2019

Thai Union Group PCL has set up a venture fund as part of its continuous investment in innovation. Thai Union has initially committed US$30 million to invest in companies that are developing breakthrough food technologies. Les mer >>>

CP Foods adopts holistic approach to sustainable shrimp farming

Thursday October 17, 2019

CP Foods has announced its plan to transform the world of shrimp farming into a more sustainable industry that provides environmentally safe shrimps. Les mer >>>