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Archive | IT & Electronics

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Jay Mart dialling up growth in three markets

Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances on installment payments. It later entered the wholesale market for TV sets, VCRs and air-conditioners. Today Jay Mart is best known for its retail and wholesale business for mobile phones and accessories under all major […]

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Global fallout of Thai floods

Thailand’s the worst flooding in half a century has forced a number of parts makers and Japanese manufacturers to halt production in Thailand, raising fears the flooding may affect manufacturing worldwide. The Yomiuri Shumbun reported today that all five key industrial zones were under water in the historic city of Ayutthaya, about a one-hour drive […]

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Electronics, autos take a soaking

California-based Western Digital, the world’s largest hard-disk drive (HDD) maker, expects its exports from Thailand will decrease by 40% this year due to the severe flooding. The company estimates a two-month production halt and then another four to six months to resume full operations, said Suwat Liptapanlop, a former deputy prime minister who chaired a […]

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Sathorn Square Office Tower leases unit to Canon

Golden Land Property Development Plc, the developer of Sathorn Square Office Tower recently announced the tenancy of Canon. The 40-storey Sathorn Square Office Tower opened earlier this year and is located in the central business district of Sathorn. The office tower has 2,000 sqm of office space per unit and features state of the art […]

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New rules aim to limit foreign ownership

New regulations preventing foreign dominance of Thai telecommunications operators are now in effect, aiming to promote business management by local executives and prevent the use of nominees by foreigners to control the companies. The National Telecommunicat-ions Commission (NTC) also devised the regulations to enable it to control foreign investment in the sector transparently and to […]

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True Move launches 3G with war cry

True Move officially kicked off its commercial 3G service yesterday by declaring a “3G war” via an ad that pokes fun at its bigger rivals’ inability to roll out better service. The country’s third-largest mobile operator called the service a “crucial turning point” in its quest for revenue growth. To avoid disruption to 2G services, […]

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