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Monthly Archives: June 2017

CPF extends European reach

Charoen Pokphand Foods Plc (CPF), the SET-listed subsidiary of agribusiness giant Charoen Pokphand Group, has acquired a 95% stake in Paulsen Food GmbH (PF) for about 466 million baht, a move aimed at expanding its food business in Europe. Source: Business

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PromptPay code agreed

The Bank of Thailand and the Thai Bankers’ Association (TBA) have agreed to adopt a standardised quick response (QR) code for PromptPay, a move that will allow consumers to use a single QR code in making payments through every local bank network. Source: Business

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SET's commitment to fund reviewed

The Securities and Exchange Commission (SEC) will work with the Finance Ministry to review its controversial proposal that the Stock Exchange of Thailand (SET) contribute 90% of its annual net profit to the imminent Capital Market Development Fund (CMDF). Source: Business

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BoI keen on biotech R&D

The Board of Investment (BoI) has approved investment incentives for 40 projects in the biotechnology sector involving research and development (R&D). Source: Business

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SPI consumes 3 Saha firms

SET-listed Saha Pathana Inter-Holding (SPI), the investment holding firm of Saha Group, the country’s leading consumer product conglomerate, is set to become one of the largest food companies based on market capitalisation after its acquisition of three food companies under the Saha Group. Source: Business

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PTT opens bid for LNG work

National oil and gas conglomerate PTT Plc is calling on qualified engineering, procurement and construction (EPC) firms to take part in the bidding process for the 30.4-billion-baht expansion of Rayong’s liquefied natural gas (LNG) receiving terminal. Source: Business

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