The Nation

KBank targets middle-income earners for its insurance

Kasikornbank is adjusting its back-office processes and training branch employees to better explain and sell insurance products to middle-income earners. Kattiya Indaravijaya, president of KBank, said that the Office of Insurance Commission wants banks to educate customers about insurance products that are not deposit products. ...

Visa bullish on nationwide growth in Myanmar

As only 0.5 per cent of the population has access to electronic payments so far, Visa Inc, the global payments firm, sees a lot of room for improvement in Myanmar. Arturo Planell, Visa country manager for Myanmar, said at a press conference last week that ...

Four-year plan aims to boost tourism

The National Tourism Policy Committee has unveiled a four-year plan to enhance tourism competitiveness and has also approved a special zone focusing on four islands in southern Thailand. Deputy Prime Minister General Tanasak Patimapragorn on November 30 said the committee would organise a series of training programmes ...

Bosch backs Thai 4.0 push

The government’s Thailand 4.0 initiative has provided a tremendous business opportunity for German Bosch Group to roll out its smart solutions to all key industries, the chief of the company said. “We welcome and are happy with Thailand’s direction to transform into a digital economy,” ...

Millcon Thiha GEL foresees advantages in being steel first-comer in Myanmar

MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became ...

Fears over Computer Crime Act changes

Latest changes to the Computer Crime Act have not been officially completed, but they have already gained considerable momentum. Many people are looking forward to moves by the National Legislative Assembly review panel that is responsible for revamping the law. But the reason for this does ...

Cargill invests $50m in Thai facility

US-based Cargill is investing US$50 million to expand its poultry-processing operations at its facility in Nakhon Ratchasima province. The expansion will create 1,400 new jobs and add to the more than 13,500 people the company currently employs across 14 locations in the country. Cargill will engage ...

Thailand braces for Trump dumping TPP

Country needs to focus other bilateral and regional deals next year, officials say. Thailand should get ready to renegotiate the framework of the US-ASEAN free-trade agreement after US President-elect Donald Trump announced on November 22 that he would scrap the Trans-Pacific Partnership deal in his first ...

In meeting with Prajin, Facebook reiterates firm stand on users’ privacy

Facebook on November 17 reaffirmed its policy of protecting users’ privacy in a meeting with Deputy Prime Minister Prajin Juntong. Prajin will seek to meet with Mark Zuckerberg, the Facebook founder and chief executive officer, when attending the Asia Pacific Economic Cooperation Summit in Peru this ...

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