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  • July 10, 2015

    BTS Group Holding

    ... Solidly grounded financially as a net-cash company, BTS is ideally situated to get in on new rail projects, both mass transit and dual-track railway. It has new O&M contracts for the extension of North and South Green lines and we have valued these at Bt1.2/share in our PT. Progress on other new...

    Business
  • July 5, 2015

    Chinese tourists boost Thai economy but stir outrage

    Growing outrage over the perceived disrespect of visitors from the Asian giant saw authorities print thousands of Chinese-language etiquette manuals earlier this year in a bid to keep their tourists in check. Last month it was a photo of a young girl peeing in the grounds of Bangkokโ s Grand Palace that...

    Business
  • July 4, 2015

    PM assures Japanese investors

    ... informing Japanese businesses' investment decisions in the area. The five countries covered by the forum are Cambodia, Laos, Myanmar, Vietnam and Thailand. China is also a GMS member. Prayut said Japanese investment in Asean countries had been playing an increasing role in their economic development over...

    Business
  • July 3, 2015

    Singaporean casino operator interested in investing in Thailand

    "We want to invest in Thailand if we are given permission. It must be the [same] kind of integrated resort as in Singapore," Krist Boo, vice president for communications, said yesterday. The casino would be combined with a venue for the meetings, incentive travel, conventions and exhibitions (MICE) business...

    Business
  • July 3, 2015

    Japan welcomes Mekong leaders in jostle for influence

    Prime Minister Shinzo Abe will meet with his counterparts from Cambodia, Laos, Myanmar, Thailand and Vietnam -- fast-growing economies through which the lower section of the Mekong river flows -- at the seventh annual "Japan-Mekong" summit in Tokyo on Saturday. The morning meeting, which will be followed by...

    Aec
  • June 30, 2015

    Greater RECIPROCITY needed in Thai-Chinese relations

    It would be prudent for Thais in every sector to do more than merely toast tomorrow's 40th anniversary of Thai-Chinese diplomatic relations. We should also look into the future and determine how to improve on the mutual benefits stemming from that association and how to make them more equitable. When...

    Opinion
  • June 24, 2015

    Top tier of Ch Karnchang undergoes succession

    It also promoted Thanawat Trivisvavet, deputy managing director of CK Power, to managing director, replacing Supamas. The two appointments will go into effect on July 1. Supamas takes over as chief executive officer from Plew Trivisvavet, the father of both Supamas and Thanawat. Plew will remain...

    Business
  • June 24, 2015

    EIA nearly complete for Suvarnabhumi Phase 2

    Airports of Thailand (AOT) is currently working on three big developments under the project: the expansion of the airport, a third runway, and a second passenger terminal. AOT told the Cabinet yesterday that the initial budget for the project, which was set at Bt62 billion, could be about Bt5 billion to Bt6...

    Business
  • June 23, 2015

    Banking Sector

    ... Sector LHBANK, BBL outgrows peers in May Nine commercial banks under our coverage (except KTB) reported the Summary Statement of Assets and Liabilities in May with outstanding loan (after allowance for bad debts) of B7.74tr net, decreasing 0.2xm but increasing 6.58y, led by LHBANK...

    Business
  • June 12, 2015

    Ministry focus on state-owned firms

    SEPO's priority is to make sure that state-owned enterprises (SOEs) support their subsidiaries. All of the seven loss-making SOEs have submitted business-rehabilitation plans and SEPO has promised that it will come up with a tangible reform plan and draft an SOE management bill, which will be presented...

    Business