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  • September 27, 2014

    State units should be centralised: superboard member

    Banyong, who is also chairman of the executive committee of Kiatnakin Phatra Financial Group, said Thailand's state enterprises at present were managed separately and with different standards, and if these could be centralised, their efficiency would improve. State enterprises play a crucial role in driving the economy...

    Business
  • September 26, 2014

    India beckons Thais as New Delhi launches FDI campaign

    ... foreign direct investment and significantly boosting annual economic growth to more than 10 per cent within two years. During a webcast of the launch of the campaign by Indian Prime Minister Narendra Modi yesterday, Ambassador to Thailand Harsh Vardhan Shringla said in Bangkok that the new policy would...

    Business
  • September 23, 2014

    Briefs

    Fitch Ratings (Thailand) has affirmed CP All's national long-term rating at "A (tha)" with "stable" outlook. The agency also affirmed the company's national short-term rating at "F1(tha)" and the rating on its outstanding secured bonds at "A (tha)". The secured bonds are rated at the same level as CP All...

    Business
  • September 18, 2014

    Surin stresses competitiveness as AEC nears

    At the "Insight Asean Summit 2014" in Bangkok yesterday, Surin said during a speech on "AEC Road Map, Opportunities and Challenges" that despite the stated short life span of the current administration, there were many policies that could enhance the country's competitiveness in light of the Asean Economic Community...

    Business
  • September 18, 2014

    Taxes on golf courses, spas may be waived

    The department collects 10 per cent of golf-course membership fees and golf-course and spa service charges. CHANNEL 3 BAN UPHELD The National Broadcasting and Telecommunications Commission yesterday upheld the broadcasting committee's decision last week to require that Channel 3 analog programmes...

    Business
  • September 18, 2014

    Alcatel-Lucent overhauls Interlink Telecom's optical network

    Interlink Telecom, an emerging leader in Thailand's broadband providers, has installed its network along railways and major road routes across the country, connecting to neighboring Laos, Myanmar, Cambodia and Malaysia. Alcatel-Lucent is deploying its industry-leading DWDM (dense wavelength division multiplexing...

    Technology
  • September 17, 2014

    TDRI suggests four objectives for improving railway system

    The TDRI says the State Railway of Thailand (SRT) is sluggish with both procedures and the implementation of its regulations, which are among the main problems affecting the quality of the Kingdom's railways. The public sector should have clear policies on improving the rail system and its operation, while ensuring proper monitoring...

    Business
  • September 15, 2014

    Sungai Kolok back on track

    Several people turned out to Yala train station to board trains to Sungai Kolok. Today the State Railway of Thailand (SRT) resumes its full local service. Police were also on board the trains today to guard passengers. The services were disrupted on last Friday after an explosion near Tanyonglimo in Rangae district damaged...

    National
  • September 13, 2014

    Land, inheritance taxes this year: PM

    The new government plans to introduce inheritance and land/property taxes before the end of the year as part of its goal to broaden the tax base in the new fiscal year, which starts next month, Prime Minister General Prayuth Chan-ocha said yesterday in his policy address. Prayuth said the tax collection...

    National
  • September 8, 2014

    Biz Buzz

    We hear people complaining a lot about static development of Thailand's railway network, which some say hasn't changed since King Chulalongkorn kicked off the locomotive age a century ago. But for Interlink Communication Plc, the rail system has given it an edge over its rivals. "Our strong point is that nobody...

    Business