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Update: Sun, Mar 26 2017    

OHO’s new “social commerce platform” aims to create Bt5 billion of economic value annually

OHO has launched a new social commerce platform service called JPN Marketing to provide effective integrated online marketing which targets online entrepreneurs and aims to create economic value of Bt5 billion annually.

Thai firms told to watch out for GI certificationIP Department calls for caution in the use of words to market

The Intellectual Property Department has warned Thai enterprisฌes to beware of using imitation words to name their products as it could breach the intellectual property right on Geographical Indication (GI).

Investors to get more protection under new Myanmar law

Nay Pyi Taw - An amendment to the Myanmar Companies Law is under way, and is currently in the hands of the Bill Committee, and will be discussion at the coming parliament, said Aung Naing Oo, secretary of Myanmar Investment Commission.

Driving on air in the elegant E300 Coupe

The Nation’s Kingsley Wijayasinha descends on Barcelona to test-drive this new Mercedes-Benz and is treated to not only stress-free motoring but also a highly comfortable luxury coupe experience

SeaWorld to expand in China after investment deal

BEIJING - A Chinese real estate investment firm has announced it has become the largest shareholder in SeaWorld and intends to import the US company's controversial theme parks into China.

Supercar caravan marks Ferrari’s 70th anniversary

FERRARI importer Cavallino Motors is staging a caravan of 70 Ferraris from Bangkok to Ayutthaya Historical Park on March 25 today to celebrate the 70th anniversary of the Italian sports-car brand.

Govt may extend land-holding right of aliens

THE FINANCE Ministry has been studying ways to amend the law to extend the length of time foreigners can hold land and property in Thailand to 50 years from the present 30 years in order to boost the real-estate sector.

Opting for short-term bonds could be good move

IN LINE with market expectations, the US Federal Reserve raised its policy interest rate by 25 basis points to 0.75-1.00 per cent last week. The higher rate with the hint at three more increases this year has affected the global market positively.

Rising bad debts to continue affecting banking, Fitch says

THE OUTLOOK of the Thai banking sector remains “negative” as bad debts will continue to rise, says Fitch Ratings. “Non-performing loans are expected to peak by the end of this year or early next year,” Parson Singha, Fitch Ratings Thailand’s senior director, said yesterday.

$20 bn goal for Myanmar trade

THAILAND and Myanmar are aiming to achieve US$20 billion (Bt690 billion) worth of cross-border trade in 2021, more than three times the $6 billion targeted for this year.

BOI GIVES NOD TO SUPPORT PLAN FOR ELECTRIC CAR SECTOR

The Board of Investment (BOI) yesterday approved a plan to provide comprehensive support to companies involved in the production of electric car components and the battery-charging business

Smartphone maker Samsung backs away from planned split

SEOUL - The world's biggest smartphone maker Samsung, assailed by a shambolic recall and embroiled in South Korea's wide-ranging corruption scandal, on Friday backed away from a planned corporate restructuring.

PEA improves power distribution system to Khao Lak

The Provincial Electricity Authority has Bt345 million to improve the system for distributing power to tourist destination Khoa Lak in Phang Nga, a senior PEA official said on Friday.

Ratch announces new CEO

Ratchaburi Electricity Generating Holding Pcl (Ratch) has named Kijja Sripatthangkura as its new chief executive officer.  His appointment will be effective April 6 after his predecessor Rum Herabat’s retirement.

 Free entry for Asian Utility Week

The organiser of this year’s Asian Utility Week at Impact Exhibition Centre has waived the visitor entry fee for the first time.

More delays likely for 5 double-track railway routes

IT COULD be nearly two more years before five double-track railway projects can finally be opened for bidding, partly because of the need to draft new terms of reference (TOR), which will take seven to eight months, according to sources in the State Railway of Thailand (SRT). 

Finance Ministry plans reforms in five areas

 THE FINANCE Ministry is going ahead with economic reforms in five areas, while standing ready to invest in infrastructure in the hope of making Thailand a transport hub for the CLMV (Cambodia, Laos, Myanmar and Vietnam) subregion.

True Group, Canadian company set up video game joint venture 

TRUE GROUP has set up a joint-venture company with Vancouver-based Axion Ventures called True  Axion Games, which is targeted to become the best game developer in Southeast Asia.

Epson looks to overseas markets for revenue lift

EPSON (Thailand) is aiming for 15 per cent revenue growth this fiscal year in Cambodia, Laos, Myanmar, and Vietnam – the so-called CLMV market it marks out for high growth potential.

Integration key to growth

 THE PHILIPPINES, along with other Asean nations, is expected to at least sustain its growth rate. But how well these neighbours will fare hinges on efforts of integration amid concerns on rising protectionism.