News
AVA to provide robo-advisory app to investors
AVA Advisory has announced that it will make available an app for download next month that allows investors to access robo-advisory services with their smartphones. Nirun Pravittana, chief executive of AVA Advisory, said the application was a robo-adviser with artificial-intelligence technology to help investors increase ...
NBTC panel to study how to regulate OTT operators
The Board of the National Broadcasting and Telecommunications Commission on April 24 resolved to regard the delivery of over-the-top content as radio and TV broadcasting, said Natee Sukonrat, chairman of the NBTC broadcasting committee. The board also resolved to assign Natee to set up a subcommittee ...
Shifting realities offer Thai tourism new opportunities
“Shifting Realities – New Opportunities” is one of 12 key topics for discussion at the 2017 WTTC (World Travel and Tourism Council) Global Summit, which will take place in Bangkok for two days beginning tomorrow. Hosted by the Tourism Authority of Thailand, the summit is ...
Big Thai banks post profit rise for three straight quarters
Thailand’s four largest banks by assets saw their combined net profits rise for the third consecutive quarter in January to March, helped by lower provisioning for future defaults. Although this is a sign that lenders foresee an improvement in Thailand’s long sluggish economy, some analysts ...
Yusen Logistics building halal warehouse in Thailand
Japan’s Yusen Logistics will build a warehouse that complies with Islamic law in Thailand as early as this month, aiming to capture transport demand in Southeast Asian countries with large Muslim populations such as Indonesia and Malaysia. Islamic law sets various restrictions on products; food ...
Ten banks see profits rise 8%
Ten banks have announced that their combined net profit in the first quarter of this year was Bt55.71 billion, up 8 per cent from the same period of last year, thanks to increases on both interest and non-interest income. Most of their non-performing-loan ratios in ...
Public relations firms coming to terms with communication revolution
At the 47th Annual Global Summit of Public Relations Organisation Worldwide, more than 60 of the world’s leading PR agency owners had a heated discussion over the fate of communications. While many of the pundits had opposing views on Brexit, the Trump presidency, and the apparent ...
Effective education key to escaping middle income trap, ADB says
Thailand faces more challenges as it strives to improve the economy and people’s incomes for the long term as it struggles to move up from being a middle-income country, the Asian Development Bank says. For the short term, the ADB has predicted that Thai exports ...
Surin calls for active ARF role in tackling Korean crisis
ASEAN needs to be more integrated and stronger to cope with the changing global landscape, as “multilateralism” was in decline, former ASEAN chief Surin Pitsuwan said on April 20, calling on the regional grouping to enhance the role of the ASEAN Regional Forum to solve ...
Long-term national strategy bill sails through NLA first reading
The National Legislative Assembly on April 20 passed the national strategy bill in its first reading and went into executive session to pass the Royal Administration Act in three straight readings. The strategy bill was approved for vetting by 196 votes with three abstentions. Deputy Prime Minister ...