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Total Access Communication (DTAC.BK/DTAC TB)* and Facebook yesterday launched their official busines
22 Oct 14 10:57

Total Access Communication (DTAC.BK/DTAC TB)* and Facebook yesterday launched their official business partnership in Thailand, which consists of marketing, promotion, and utilisation of network bandwidth. Having already been working together for almost a year, the move aims to support both companies' missions - Facebook's Internet.org and DTAC's Internet for All - which respectively aim to get the rest of the world connected to the Internet, and the 60% of Thais who are currently unconnected. (The Nation)

SET-listed Lighting & Equipment Plc (L&E.BK/L&E TB) is upbeat about the future. It is aiming for 15-
22 Oct 14 10:57

SET-listed Lighting & Equipment Plc (L&E.BK/L&E TB) is upbeat about the future. It is aiming for 15-20% growth in sales revenue in the coming years, seeing strong demand in local and overseas markets and after the formation of the Asean Economic Community (AEC) at the end of next year. (Bangkok Post)

Krungthai Bank (KTB.BK/KTB TB)* and CIMB Thai Bank (CIMBT.BK/CIMBT TB) are the last two lenders to a
22 Oct 14 10:57

Krungthai Bank (KTB.BK/KTB TB)* and CIMB Thai Bank (CIMBT.BK/CIMBT TB) are the last two lenders to announce their third-quarter performances, both reporting higher net profits year on year, but their non-performing loans (NPLs) increased significantly as well. KTB reported consolidated net profit of Bt9.25bn in the quarter, up by 3.23% from Bt8.96bn in the same quarter a year earlier. The increase was due mainly to higher net interest income from strong loan growth in the government and retail sectors. (The Nation)

Economic growth of nearly 2% remains possible this year if the government can come up with policies
22 Oct 14 10:56

Economic growth of nearly 2% remains possible this year if the government can come up with policies in time to revive domestic consumption, say business leaders. Vallop Vitanakorn, vice-chairman of the Federation of Thai Industries (FTI), still expects GDP growth of at least 1.5%. (Bangkok Post)

The government yesterday made some changes to its high-speed development plan, adding a Bangkok-Rayo
22 Oct 14 10:56

The government yesterday made some changes to its high-speed development plan, adding a Bangkok-Rayong route and splitting the Nong Khai-Map Ta Phut route into two — Nong Khai-Nakhon Ratchasima and Nakhon Ratchasima-Bangkok-Map Ta Phut. In July, the National Council for Peace and Order approved a Bt2.4tn infrastructure plan through 2022 covering dual-track rail, electric trains, highways, waterways and airports. (Bangkok Post)