SC Capital Partners (SCCP), a Singapore-based real estate and private equity investment firm, has teamed up with a Sri Racha- based developer to launch a high-end condo in Sri Racha worth 3.2 billion baht to tap growing demand from the Eastern Economic Corridor (EEC). SCCP chairman Suchad Chiaranussati said the EEC megaproject will create a […]
Read MoreThe rapid rise in e-commerce and customer demand for quick delivery of online purchases has driven a change in the retail landscape, as well as logistics management of the sector. Customers now expect same or next-day delivery services, making slow, inefficient logistics networks become a relic of the past that is no longer acceptable. To […]
Read MoreThe National Economic and Social Development Board (NESDB) has reported positive developments in income and labour productivity in the fourth quarter and for the whole of 2016. Employment in the agricultural sector declined in the fourth quarter of 2016 as cultivation had to be postponed because of farming areas damaged by floods. Employment in the […]
Read MoreJust 40% of the country’s 2.6 million small and medium-sized enterprises (SMEs) have agreed to enter the single-account scheme despite carrot-and-stick measures in place for a year, says Prasong Poontaneat, director-general of the Revenue Department. The department has tried to prod SMEs into adopting a single account instead of the two or three accounts used […]
Read MoreSET-listed industrial conglomerate Siam Cement Group (SCG) has paid 5.46 billion baht for a 100% stake in a Vietnamese cement producer. President and chief executive Roongrote Rangsiyopash said the acquisition was done via SCG Cement-Building Materials Co Ltd, a wholly-owned subsidiary of SCG. It paid 5.46 billion baht to acquire all shares in Vietnam Construction […]
Read MoreKasikornbank plans to upgrade its banking operations in three overseas markets — Myanmar, Vietnam and Indonesia — over the next two years in a bid to strengthen its regional position. KBank’s executive vice-president Pattarapong Kanhasuwan said the bank is considering several business models to match the demand and landscape of each market. “We hope to […]
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Thailand
