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Update: Sat, Feb 25 2017    

Day Poets deal on shaky ground

SURAPHONG Triamchanchai – a major shareholder of Tanavarin Co, which owns a majority stake in Day Poets – says he may cancel the deal to sell print and media advertising company Day Poets to Polaris Capital (Polar).

Coffee World to double Thai outlets 

COFFEE WORLD has announced that it plans to double the number of its coffee houses in Thailand over the next five years to about 175.

NPP sees return to profit as A&W business expands

NIPPON PACK (Thailand), or NPP, expects to return to profit this year, thanks to its growing quick-service-restaurant (QSR) and flexible-packaging businesses, said managing director Suraphong Triamchanchai.

New Charoen Pokphand CEO unveils ‘CP 4.0’ plan

THE NEWLY appointed chief executive officer of Charoen Pokphand Group, Suphachai Chearavanont, plans to transform the Thai conglomerate into “CP 4.0” by embracing innovation and the digital revolution.

True Corp to splurge Bt20 bn on mobile, broadband platforms

TRUE CORP PLANS to invest Bt20 billion this year on the further expansion of its mobile-phone and broadband Internet networks, executive committee chairman Suphachai Chearavanont said.

Erawan plans to double hotel portfolio by 2020

THE ERAWAN Group aims to more than double the number of hotels its operates to 95 by 2020 under an ambitious expansion drive at home and abroad, the group's president said yesterday.

Briefs

Somkid talks with Wal-Mart on fishery sales

Isareli tech to boost Thai start-ups 

THE NATIONAL Innovation Agency (NIA) has joined with Israel’s AGW Group to set up a global accelerator programme called SPARK in order to boost start-ups in Thailand. 

BOT embraces big data, analytics for micro-financial activities 

THE BANK OF THAILAND (BOT) is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age.

Greenery beckons in Ploenchit-Chidlom

THE PLOENCHIT-CHIDLOM area of central Bangkok is the new destination for those seeking a luxury lifestyle and green architecture, with a number of high-end green buildings – condominiums, hotels, offices and shopping centres – having being developed in the area, or due to be completed in the next two to three years.

New BBL Asset CEO tapping tech toward off threat

PEERAPONG JIRASEVIJINDA, the newly appointed chief executive officer of BBL Asset Management Co (BBLAM), will focus on human resources and technology to drive growth amid new challenges posed by financial-technology start-ups (fintechs).

Thai, Singapore firms join for PR service 

NEO TARGET CO, a Thai public relations firm, and Singapore’s Mileage Communications Group have announced an exclusive and strategic partnership to provide PR services across Asia. 

New Takeoffs

New Land and Houses project in Chiang Mai

Briefs

Demand pushes Telekom Malaysia to record revenue

US firm eyes renewable projects in VN 

ACO INVESTMENT Group of the United States is keen to implement renewable energy projects in Vietnam’s southern province of Binh Duong.

Citi unveils Philippines’ first digital credit card programme 

AMERICAN banking giant Citi has rolled out the Philippines’ first fully digital credit card application and approval program, harnessing technology to scale up its consumer banking business and encourage the shift to digital banking.

Sumatec to expand oil and gas facilities in Kazakhstan 

MALAYSIA’S SUMATEC Resources is ready to embark on a three-year development plan to ramp up the production of its Rakushechnoye oil and gas field in Kazakhstan towards optimal production of about 2,000 barrels of crude oil a day.

Popularity of co-working space growing among Asean SMEs, start-ups

CO-WORKING SPACE has become popular in Asean countries, with growing demand from small and medium-sized enterprises and start-ups.

Patkol eyes big sales boost in CLMV countries 

PATKOL, THAILAND’S leading engineering business for food production, cooling systems and ice-making machines, has targeted achieving sales of Bt100 million a year over the next three years in four separate markets – Cambodia, Laos, Myanmar and Vietnam – through an export boost.

Laos’ Bokeo province viewed as promising tourism destination

PUBLIC OFFICIALS and business operators see Laos’ Bokeo province as a promising destination for doing business, especially in tourism.