Month: February 2016

Asean cities see decline in office rentals

Office rentals in most Southeast Asian cities declined in last year’s fourth quarter, in line with the economic slowdown across Asean, says property consultancy JLL.

Read more here: Bangkok Post – Business News

The post Asean cities see decline in office rentals appeared first on Startup in Thailand.

Source: bangkok feed

THAI sets B2bn ‘retiree’ plan

Thai Airways International Plc (THAI) has earmarked 2 billion baht for voluntary staff retirements this year as the airline posted a net loss of 13.04 billion baht for last year.

Read more here: Bangkok Post – Business News

The post THAI sets B2bn ‘retiree’ plan appeared first on Startup in Thailand.

Source: bangkok feed

Jasmine steps back from mobile

Reports of JAS Mobile Broadband’s great difficulties in paying off the 76-billion-baht fee for the 900-megahertz spectrum licence have been substantiated.

Read more here: Bangkok Post – Business News

The post Jasmine steps back from mobile appeared first on Startup in Thailand.

Source: bangkok feed

Asean rubber producers will cut exports

Global rubber prices are expected to recover this year after Vietnam last week agreed to join forces with three other Asean rubber producers to cut exports.

Read more here: Bangkok Post – Business News

The post Asean rubber producers will cut exports appeared first on Startup in Thailand.

Source: bangkok feed

BoT reviews P2P lending

The Bank of Thailand is mulling whether to regulate peer-to-peer (P2P) lending now that the innovative funding tool is gaining in popularity.

Read more here: Bangkok Post – Business News

The post BoT reviews P2P lending appeared first on Startup in Thailand.

Source: bangkok feed

Tokyo 2020 signs Mitsubishi as sponsor

Japanese industrial giant Mitsubishi Electric has signed up as a sponsor of the 2020 Olympic and Paralympic Games in Tokyo.

Read more here: BBC News – Business News Asia

The post Tokyo 2020 signs Mitsubishi as sponsor appeared first on Startup in Thailand.

Source: BBC NEWS

Singapore misses tourism receipts

Singapore missed its targeted receipts from tourism last year and said 2016 figures may remain flat as global economic uncertainties curb visitor arrivals.

Read more here: Bangkok Post – Business News

The post Singapore misses tourism receipts appeared first on Startup in Thailand.

Source: bangkok feed

China cuts reserve requirements to boost economy

SHANGHAI – China’s central bank on Monday cut the proportion of funds banks must set aside as reserves, in Beijing’s latest attempt to tackle slowing growth in the world’s second largest economy.

Read more here: Bangkok Post – Business News

The post China cuts reserve requirements to boost economy appeared first on Startup in Thailand.

Source: bangkok feed

CP All net profit up 34%, beats forecasts

CP All Plc, Thailand’s largest convenience store chain, said on Monday its annual net profit rose 34% from a year earlier, as it expanded its store network and lowered financial costs.

Read more here: Bangkok Post – Business News

The post CP All net profit up 34%, beats forecasts appeared first on Startup in Thailand.

Source: bangkok feed

True profit surges, expands mobile market share

True Corp, Thailand’s largest telecoms provider, said on Monday net profit surged nearly two-thirds in 2015, boosted by rising income from its mobile business and a substantial drop in interest expenses.

Read more here: Bangkok Post – Business News

The post True profit surges, expands mobile market share appeared first on Startup in Thailand.

Source: bangkok feed