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'Increase in investment to keep driving SET in H2'
July 31, 2014 1:00 am

'Increase in investment to keep driving SET in H2'

Brokers agree that the Stock Exchange of Thailand is on the rise thanks to an expected increase in investments in the second half of the year, led by government spending, but they are still wary of the effectiveness of the second phase of the...

Exim to keep supporting SMEs, investment in Asean
July 31, 2014 1:00 am

Exim to keep supporting SMEs, investment in Asean

The Export-Import Bank of Thailand will maintain its financial support of small and medium-sized enterprises and trade and investment expansion in Asean countries in the latter half of 2014 after registering net profit of Bt767 million in the first...

KBank going after customer groups to build retail base
July 31, 2014 1:00 am

KBank going after customer groups to build retail base

Kasikornbank is eyeing educational institutions, local soccer clubs and payroll customers as a shortcut to building its retail customer base.

Call for phase-out of import duty on luxury fashion goods
July 31, 2014 1:00 am

Call for phase-out of import duty on luxury fashion goods

The Thai Shopping Centres Association (TSCA) has proposed that the ruling junta gradually cut the import duty charged on luxury fashion brands by 5-10 percentage points annually, with the goal of becoming a duty-free country for such items within...

Japan firms in Thailand see improved H2
July 30, 2014 1:00 am

Japan firms in Thailand see improved H2

JAPANESE BUSINESS operators and investors are keeping a watchful eye on the development of the junta's economic policies and its reform road map, but believe business performance will improve in the second half thanks to rising confidence and...

Foreign investors 'unsure' of Kingdom's long-term...
July 30, 2014 1:00 am

Foreign investors 'unsure' of Kingdom's long-term...

Foreign investors are positive on the near-term outlook for Thailand but remain sceptical of its long-term prospects, a seminar heard yesterday.

Kasikorn Leasing ups focus on auto refinance
July 30, 2014 1:00 am

Kasikorn Leasing ups focus on auto refinance

Kasikorn Leasing is strongly focusing on auto refinance in order to boost its bottom line, because the company no longer penetrates the used-car market as several hire-purchase lenders are doing.

SCB sees hotter mortgage competition in second-half
July 30, 2014 1:00 am

SCB sees hotter mortgage competition in second-half

Siam Commercial Bank, the biggest mortgage lender among commercial banks, foresees competition for housing loans intensifying in the remaining months as completed condominiums are delivered to customers.

CIMB Thai braces for missed deposit target
July 29, 2014 1:00 am

CIMB Thai braces for missed deposit target

CIMB Thai Bank's retail deposits might miss the target for this year as its main customers - the well-off - have switched to investment products that offer higher returns.

Listed companies' profits likely to jump in H2, Aberdeen says
July 29, 2014 1:00 am

Listed companies' profits likely to jump in H2, Aberdeen says

Aberdeen Asset Management believes listed companies' profits will improve along with the economy in the second half of the year on increased political stability, investment confidence, and domestic consumption.