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New management structure revitalises General Engineering's...
October 22, 2014 1:00 am

New management structure revitalises General Engineering's...

General Engineering's new management team is confident that the Thai company's new business direction will be irreversible and it is on track to become a sustainable integrated engineering company in five years.

Takashimaya to open in Iconsiam
October 22, 2014 1:00 am

Takashimaya to open in Iconsiam

Thailand will gain another glittering jewel in its shopping-paradise crown when Japan's ultra-high-end department store Takashimaya opens its new global flagship property in Iconsiam, a Bt50-billion upscale landmark project on the Bangkok...

L&E moves from MAI to SET, plans greater footprint
October 22, 2014 1:00 am

L&E moves from MAI to SET, plans greater footprint

Lighting & Equipment, the market leader in the business-to-business sector, hopes to expand its current 5-per-cent share of the domestic consumer market to 20 per cent within three years.

Agency nods to 354 foreign businesses in first 10 months
October 22, 2014 1:00 am

Agency nods to 354 foreign businesses in first 10 months

The Commerce Ministry's Business Development Department has given approval to 354 foreign firms to set up operations in Thailand under the Foreign Business Act (FBA) during the first 10 months of the year worth a total of more than Bt60.14...

New companies 'may be front for pyramid scheme'
October 21, 2014 1:00 am

New companies 'may be front for pyramid scheme'

The Business Development Department is closely inspecting new registrations of firms suspected of being fronts for pyramid schemes to trick villagers into buying stakes in holding companies that have no real operations.

Cisco keeps close watch on Asean as Internet of Things gains...
October 21, 2014 1:00 am

Cisco keeps close watch on Asean as Internet of Things gains...

In preparation for increasing adoption of the Internet of Things (IoT) in the near future, the head of Cisco Systems says the US-based company is seeking opportunities to develop both business ties and talent in the Asean region, including Thailand.

More e-commerce firms to enter formal tax system
October 21, 2014 1:00 am

More e-commerce firms to enter formal tax system

About 20-30 per cent more e-commerce operators that have not yet entered the formal tax system are expected to do so in fiscal year 2015 after they understand the penalties for non-compliance, says the Revenue Department, referring to 200-per-cent...

Referral networks 'have advantage'
October 20, 2014 1:00 am

Referral networks 'have advantage'

Exec director: They can deliver greater market penetration, better returns

Samsonite aiming to double sales
October 20, 2014 1:00 am

Samsonite aiming to double sales

Acquiring retail chains and developing its own retail distribution channel form parts of Samsonite's strategy to double its worldwide sales by 2020.

Isuzu to boost capacity in Thailand over 5 years
October 20, 2014 1:00 am

Isuzu to boost capacity in Thailand over 5 years

Isuzu Motors, a leading manufacturer of commercial vehicles and diesel engines, has committed itself to continuous investment in the Kingdom, where it plans to boost its manufacturing centre for pickup trucks destined for both the Thai market and...