raising funds through

Property firms turn to debentures to pay for new land

Property firms turn to debentures to pay for new land Debentures will be issued by listed property firms to help raise funds for land purchases totalling more than Bt100 billion this year. A recent survey by The Nation found most of the developers would turn to debentures to help support their business expansion in 2019. The move…

Asian Markets Rise On Hopes For Interest Rate Cuts

ASIAN MARKETS RISE ON HOPES FOR INTEREST RATE CUTS A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in 2017 in Tokyo. Photo: Shuji Kajiyama / Associated Press SINGAPORE — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates,…

Thai e-Commerce grew to Bt3.2- tr last year: ETDA

Thai e-Commerce grew to Bt3.2- tr last year: ETDA Thai e-Commerce grew the most in Asean last year, due to changes in consumer behaviour, and its value is expected to hit Bt3.2 trillion, the Electronic Transactions Development Agency (ETDA) said in a press release on Saturday. The number of internet users has grown four times…

NBTC may extend loans to operators as 5G inducement

NBTC may extend loans to operators as 5G inducement

NBTC may extend loans to operators as 5G inducement THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) is exploring the possibility of drawing on its research and development fund to make loans to telecom operators as a new financial option to encourage the operators to bid for new spectrum licences later this year. NBTC secretary-general Takorn…

Thailand Slips To 99th Rank In Corruption Index

Thailand Slips To 99th Rank In Corruption Index Why is Asia Pacific making little to no progress in its anti-corruption efforts? One of the reasons is an overall weakening of democratic institutions and political rights, says Patricia Moreira, Transparency International’s managing director. Thailand ranked No.99, on par with the Philippines, out of 180 countries and…

Thailand’s Central Group planning to invest $200 million in Grab

Thailand’s Central Group planning to invest $200 million in Grab

Central Group, Thailand’s biggest shopping Central and department store operator, is planning to invest US$200 million (6.3 billion Thai baht) in ride-hailing giant ‘Grab’, according to sources ‘familiar with the matter’ today. The deal seals a strategic partnership where the Thai retail giant will help Grab expand its business in Thailand. Central Group would invest…

Twitter is on the rise in Thailand. This is what you were Tweeting about in 2018.

From #BTS (the band not the Skytrain), to #AIS and #KFC. Twitter have released their #YearOnTwitter data for 2018 for Thailand. 2018 was a year dominated by local and international talents: from #BTS and #GOT7 to @BamBam1A and @peckpalit, while TV dramas also made their mark with conversations centering around #บุพเพสันนิวาส (Bupaesaniwas) and #เลือดข้นคนจาง (In…